Baudax Bioinc Stock Return On Asset
| BXRX Stock | USD 0.01 0.0001 0.94% |
Baudax BioInc fundamentals help investors to digest information that contributes to Baudax BioInc's financial success or failures. It also enables traders to predict the movement of Baudax Stock. The fundamental analysis module provides a way to measure Baudax BioInc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Baudax BioInc stock.
Return On Assets is likely to rise to -6.4 in 2024. Baudax | Return On Asset |
Baudax BioInc Company Return On Asset Analysis
Baudax BioInc's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Baudax BioInc Return On Asset | -1.15 |
Most of Baudax BioInc's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Baudax BioInc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Baudax Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Baudax BioInc is extremely important. It helps to project a fair market value of Baudax Stock properly, considering its historical fundamentals such as Return On Asset. Since Baudax BioInc's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Baudax BioInc's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Baudax BioInc's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Baudax Total Assets
Total Assets |
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Based on the latest financial disclosure, Baudax BioInc has a Return On Asset of -1.1493. This is 86.87% lower than that of the Biotechnology sector and 95.13% lower than that of the Health Care industry. The return on asset for all United States stocks is notably higher than that of the company.
Baudax Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baudax BioInc's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Baudax BioInc could also be used in its relative valuation, which is a method of valuing Baudax BioInc by comparing valuation metrics of similar companies.Baudax BioInc is currently under evaluation in return on asset category among related companies.
Baudax Fundamentals
| Return On Equity | -47.04 | ||||
| Return On Asset | -1.15 | ||||
| Operating Margin | (27.60) % | ||||
| Current Valuation | 17.72 M | ||||
| Shares Outstanding | 43.59 M | ||||
| Shares Owned By Insiders | 0.01 % | ||||
| Shares Owned By Institutions | 2.68 % | ||||
| Number Of Shares Shorted | 493.56 K | ||||
| Price To Earning | 0.03 X | ||||
| Price To Book | 0.68 X | ||||
| Price To Sales | 0.75 X | ||||
| Revenue | 1.27 M | ||||
| Gross Profit | (5.74 M) | ||||
| EBITDA | (34.76 M) | ||||
| Net Income | (7.15 M) | ||||
| Cash And Equivalents | 5.65 M | ||||
| Cash Per Share | 0.28 X | ||||
| Total Debt | 7.12 M | ||||
| Debt To Equity | 2.26 % | ||||
| Current Ratio | 0.53 X | ||||
| Book Value Per Share | (0.84) X | ||||
| Cash Flow From Operations | (14.31 M) | ||||
| Short Ratio | 0.19 X | ||||
| Earnings Per Share | (94.13) X | ||||
| Target Price | 24.0 | ||||
| Beta | 1.58 | ||||
| Market Capitalization | 950.33 K | ||||
| Total Asset | 10.03 M | ||||
| Retained Earnings | (190.9 M) | ||||
| Working Capital | (15.11 M) | ||||
| Current Asset | 21.72 M | ||||
| Current Liabilities | 7.92 M | ||||
| Net Asset | 10.03 M |
About Baudax BioInc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Baudax BioInc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baudax BioInc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baudax BioInc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Baudax BioInc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baudax BioInc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baudax BioInc will appreciate offsetting losses from the drop in the long position's value.Moving against Baudax Stock
| 0.81 | ELEV | Elevation Oncology Earnings Call This Week | PairCorr |
| 0.75 | VKTX | Viking Therapeutics Potential Growth | PairCorr |
| 0.75 | XFOR | X4 Pharmaceuticals Earnings Call This Week | PairCorr |
| 0.71 | NRSNW | NeuroSense Therapeutics | PairCorr |
| 0.62 | CGC | Canopy Growth Corp Trending | PairCorr |
The ability to find closely correlated positions to Baudax BioInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baudax BioInc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baudax BioInc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baudax BioInc to buy it.
The correlation of Baudax BioInc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baudax BioInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baudax BioInc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baudax BioInc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Baudax BioInc Piotroski F Score and Baudax BioInc Altman Z Score analysis. For more information on how to buy Baudax Stock please use our How to Invest in Baudax BioInc guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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When running Baudax BioInc's price analysis, check to measure Baudax BioInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baudax BioInc is operating at the current time. Most of Baudax BioInc's value examination focuses on studying past and present price action to predict the probability of Baudax BioInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baudax BioInc's price. Additionally, you may evaluate how the addition of Baudax BioInc to your portfolios can decrease your overall portfolio volatility.
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Is Baudax BioInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baudax BioInc. If investors know Baudax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baudax BioInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (94.13) | Revenue Per Share 0.318 | Quarterly Revenue Growth (0.23) | Return On Assets (1.15) | Return On Equity (47.04) |
The market value of Baudax BioInc is measured differently than its book value, which is the value of Baudax that is recorded on the company's balance sheet. Investors also form their own opinion of Baudax BioInc's value that differs from its market value or its book value, called intrinsic value, which is Baudax BioInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baudax BioInc's market value can be influenced by many factors that don't directly affect Baudax BioInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baudax BioInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baudax BioInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baudax BioInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.