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Is Anixa Biosciences (NASDAQ:ANIX) a new disruptor?
 | By Vlad Skutelnik | Macroaxis Story |
Lets try to break down the odds of Anixa Biosciences to fully recover from the current slide as its shares went up 6.99%. This firm's current daily volatility is 5.43 percent, with a beta of 1.25 and an alpha of -0.23 over DOW. As many millenniums are trying to avoid pharmaceutical products, it makes sense to break down Anixa Biosciences a little further and try to understand its current market patterns. We will analyze why Anixa Biosciences investors may still consider a stake in the business.
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Reviewed by Rifka Kats
Anixa Biosciences currently holds about 5.51 M in cash with (5.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. The firm shows a Beta (market volatility) of 1.2454, which signifies a somewhat significant risk relative to the market. Let's try to break down what Anixa's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Anixa Biosciences will likely underperform. Even though it is essential to pay attention to Anixa Biosciences historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Anixa Biosciences exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Anixa Biosciences has an expected return of -0.0199%. Please be advised to confirm Anixa Biosciences sortino ratio, as well as the relationship between the semi variance and rate of daily change to decide if Anixa Biosciences stock performance from the past will be repeated at some point in the near future.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Anixa Biosciences. Your research has to be compared to or analyzed against Anixa Biosciences' peers to derive any actionable benefits. When done correctly, Anixa Biosciences' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Anixa Biosciences.
Investing in Anixa Biosciences, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Anixa Biosciences along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Anixa Biosciences' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How important is Anixa Biosciences's Liquidity
Anixa Biosciences financial leverage refers to using borrowed capital as a funding source to finance Anixa Biosciences ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Anixa Biosciences financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Anixa Biosciences' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Anixa Biosciences' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Anixa Biosciences's total debt and its cash.
Anixa Biosciences Gross Profit
Anixa Biosciences Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Anixa Biosciences previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Anixa Biosciences Gross Profit growth over the last 10 years. Please check Anixa Biosciences' gross profit and other fundamental indicators for more details.
Anixa Biosciences Correlation with Peers
Investors in Anixa can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Anixa Biosciences. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Anixa Biosciences and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Anixa is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Anixa for more details
Breaking down the case for Anixa Biosciences
Anixa Biosciences secures Sharpe Ratio (or Efficiency) of -0.0037, which signifies that the company had -0.0037% of return per unit of risk over the last month. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Anixa Biosciences exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Anixa Biosciences risk adjusted performance of (0.001881), and Mean Deviation of 4.48 to double-check the risk estimate we provide.
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