La Jolla Z Score vs. Total Debt
| LJPCDelisted Stock | USD 6.22 0.00 0.00% |
For La Jolla profitability analysis, we use financial ratios and fundamental drivers that measure the ability of La Jolla to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well La Jolla Pharmaceutical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between La Jolla's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of La Jolla Pharmaceutical over time as well as its relative position and ranking within its peers.
LJPC |
La Jolla Pharmaceutical Total Debt vs. Z Score Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining La Jolla's current stock value. Our valuation model uses many indicators to compare La Jolla value to that of its competitors to determine the firm's financial worth. La Jolla Pharmaceutical is currently regarded as number one stock in z score category among related companies. It is considered the number one company in total debt category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value La Jolla by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for La Jolla's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the La Jolla's earnings, one of the primary drivers of an investment's value.LJPC Total Debt vs. Z Score
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
La Jolla |
| = | -14.8 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
La Jolla |
| = | 124.8 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
LJPC Total Debt vs Competition
La Jolla Pharmaceutical is considered the number one company in total debt category among related companies. Total debt of Biotechnology industry is now estimated at about 33.62 Billion. La Jolla adds roughly 124.8 Million in total debt claiming only tiny portion of stocks in Biotechnology industry.
La Jolla Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in La Jolla, profitability is also one of the essential criteria for including it into their portfolios because, without profit, La Jolla will eventually generate negative long term returns. The profitability progress is the general direction of La Jolla's change in net profit over the period of time. It can combine multiple indicators of La Jolla, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
La Jolla Pharmaceutical Company engages in the development and commercialization of therapies that improve outcomes in patients suffering from life-threatening diseases. La Jolla Pharmaceutical Company was incorporated in 1989 and is based in Waltham, Massachusetts. La Jolla operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 61 people.
LJPC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on La Jolla. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of La Jolla position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the La Jolla's important profitability drivers and their relationship over time.
Use La Jolla in pair-trading
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 La Jolla 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 La Jolla will appreciate offsetting losses from the drop in the long position's value.La Jolla Pair Trading
La Jolla Pharmaceutical Pair Trading Analysis
The ability to find closely correlated positions to La Jolla could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace La Jolla 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 La Jolla - 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 La Jolla Pharmaceutical to buy it.
The correlation of La Jolla 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 La Jolla moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if La Jolla Pharmaceutical 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 La Jolla 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.Use Investing Themes to Complement your La Jolla position
In addition to having La Jolla in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Investing Thematic Idea Now
Investing
Companies involved in money management and investment banking services. The Investing theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investing Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in LJPC Stock
If you are still planning to invest in La Jolla Pharmaceutical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the La Jolla's history and understand the potential risks before investing.
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