Aditxt Property Plant and Equipment Net vs Investments Analysis

ADTX Stock  USD 2.43  0.24  8.99%   
Aditxt financial indicator trend analysis is way more than just evaluating Aditxt Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aditxt Inc is a good investment. Please check the relationship between Aditxt Property Plant And Equipment Net and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditxt Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Property Plant And Equipment Net vs Investments

Property Plant and Equipment Net vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditxt Inc Property Plant and Equipment Net account and Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Aditxt's Property Plant and Equipment Net and Investments is -0.51. Overlapping area represents the amount of variation of Property Plant and Equipment Net that can explain the historical movement of Investments in the same time period over historical financial statements of Aditxt Inc, assuming nothing else is changed. The correlation between historical values of Aditxt's Property Plant and Equipment Net and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant and Equipment Net of Aditxt Inc are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Property Plant and Equipment Net i.e., Aditxt's Property Plant and Equipment Net and Investments go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Aditxt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aditxt Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditxt Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Issuance Of Capital Stock is likely to rise to about 14.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 12.1 M in 2024.
 2021 2022 2023 2024 (projected)
Income Tax Expense1.9M543.9K625.5K768.5K
Depreciation And Amortization479.3K652.3K587.1K557.7K

Aditxt fundamental ratios Correlations

0.720.760.96-0.310.96-0.53-0.820.620.890.890.92-0.730.760.80.80.860.970.96-0.310.780.580.950.980.560.96
0.720.90.52-0.70.520.12-0.970.880.430.430.63-0.760.850.860.970.90.550.55-0.70.210.160.840.680.150.84
0.760.90.54-0.40.54-0.04-0.870.980.490.490.64-0.890.970.910.830.980.570.61-0.40.230.290.840.70.270.84
0.960.520.54-0.231.0-0.7-0.660.370.950.950.89-0.570.560.650.660.671.00.98-0.230.920.590.840.960.580.86
-0.31-0.7-0.4-0.23-0.23-0.20.6-0.39-0.2-0.2-0.250.39-0.36-0.53-0.72-0.39-0.24-0.261.0-0.110.17-0.38-0.350.18-0.4
0.960.520.541.0-0.23-0.7-0.660.370.950.950.9-0.560.560.650.660.671.00.98-0.230.920.590.840.960.580.86
-0.530.12-0.04-0.7-0.2-0.7-0.010.11-0.83-0.83-0.430.3-0.12-0.29-0.01-0.12-0.68-0.74-0.2-0.88-0.46-0.25-0.59-0.45-0.28
-0.82-0.97-0.87-0.660.6-0.66-0.01-0.82-0.53-0.53-0.770.73-0.81-0.83-0.99-0.91-0.68-0.660.6-0.36-0.22-0.91-0.76-0.21-0.92
0.620.880.980.37-0.390.370.11-0.820.330.330.52-0.860.940.870.770.920.40.45-0.390.040.160.740.550.140.74
0.890.430.490.95-0.20.95-0.83-0.530.331.00.76-0.630.550.680.550.590.950.98-0.20.950.590.720.930.580.74
0.890.430.490.95-0.20.95-0.83-0.530.331.00.76-0.630.550.680.550.590.950.98-0.20.950.590.720.930.580.74
0.920.630.640.89-0.250.9-0.43-0.770.520.760.76-0.570.580.630.750.760.90.85-0.250.70.40.890.860.390.91
-0.73-0.76-0.89-0.570.39-0.560.30.73-0.86-0.63-0.63-0.57-0.91-0.95-0.72-0.84-0.59-0.690.39-0.38-0.25-0.69-0.71-0.23-0.71
0.760.850.970.56-0.360.56-0.12-0.810.940.550.550.58-0.910.910.770.950.590.64-0.360.280.460.830.740.440.81
0.80.860.910.65-0.530.65-0.29-0.830.870.680.680.63-0.950.910.830.890.670.75-0.530.450.230.780.790.210.8
0.80.970.830.66-0.720.66-0.01-0.990.770.550.550.75-0.720.770.830.870.680.67-0.720.390.190.890.770.170.9
0.860.90.980.67-0.390.67-0.12-0.910.920.590.590.76-0.840.950.890.870.70.71-0.390.360.420.940.810.410.93
0.970.550.571.0-0.241.0-0.68-0.680.40.950.950.9-0.590.590.670.680.70.98-0.240.910.610.860.970.60.88
0.960.550.610.98-0.260.98-0.74-0.660.450.980.980.85-0.690.640.750.670.710.98-0.260.910.580.820.980.560.84
-0.31-0.7-0.4-0.231.0-0.23-0.20.6-0.39-0.2-0.2-0.250.39-0.36-0.53-0.72-0.39-0.24-0.26-0.110.17-0.38-0.350.18-0.4
0.780.210.230.92-0.110.92-0.88-0.360.040.950.950.7-0.380.280.450.390.360.910.91-0.110.560.570.830.550.6
0.580.160.290.590.170.59-0.46-0.220.160.590.590.4-0.250.460.230.190.420.610.580.170.560.550.641.00.5
0.950.840.840.84-0.380.84-0.25-0.910.740.720.720.89-0.690.830.780.890.940.860.82-0.380.570.550.910.541.0
0.980.680.70.96-0.350.96-0.59-0.760.550.930.930.86-0.710.740.790.770.810.970.98-0.350.830.640.910.630.92
0.560.150.270.580.180.58-0.45-0.210.140.580.580.39-0.230.440.210.170.410.60.560.180.551.00.540.630.48
0.960.840.840.86-0.40.86-0.28-0.920.740.740.740.91-0.710.810.80.90.930.880.84-0.40.60.51.00.920.48
Click cells to compare fundamentals

Aditxt Account Relationship Matchups

Aditxt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.5K13.1M16.7M10.7M12.3M7.5M
Other Current Liab962.7K248.1K1.8M2.1M2.5M2.6M
Total Current Liabilities3.0M1.2M3.6M3.6M4.2M2.4M
Total Stockholder Equity(2.9M)11.0M10.2M5.2M6.0M4.0M
Net Tangible Assets(2.9M)10.7M10.0M5.1M5.9M3.9M
Net Debt161.5K(8.7M)(3.2M)613.2K551.9K579.5K
Retained Earnings(11.7M)(20.9M)(67.4M)(95.0M)(85.5M)(81.3M)
Accounts Payable1.8M241.6K1.6M2.0M2.3M1.2M
Cash4.1K10.5M7.9M2.8M3.2M3.9M
Non Current Assets Total119.4K2.1M7.2M6.0M6.9M7.2M
Cash And Short Term Investments4.1K10.5M7.9M2.8M3.2M3.9M
Common Stock Shares Outstanding2.6K6.5K9.5K46.4K41.7K39.6K
Liabilities And Stockholders Equity123.5K13.1M16.7M10.7M12.3M7.5M
Non Current Liabilities Total2.0M858.1K2.9M1.9M2.2M1.6M
Other Stockholder Equity8.9M31.9M77.5M100.2M115.3M121.0M
Total Liab3.0M2.1M6.5M5.5M6.4M3.4M
Net Invested Capital(2.7M)11.0M11.0M5.6M6.5M4.3M
Total Current Assets4.1K11.0M9.4M4.7M5.5M4.6M
Net Working Capital(3.0M)9.8M5.8M1.1M1.3M2.2M
Common Stock3.9K13.1K44.5K4.3K5.0K4.7K
Short Long Term Debt Total165.6K1.8M4.7M3.4M3.9M2.3M
Short Long Term Debt165.6K587.6K700.4K410.0K471.5K446.0K
Capital Stock3.9K13.1K44.5K4.3K5.0K4.7K
Short Term Debt165.6K978.8K1.8M1.5M1.7M1.0M

Pair Trading with Aditxt

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 Aditxt 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 Aditxt will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aditxt Stock

  0.67VRTX Vertex Pharmaceuticals Financial Report 6th of May 2024 PairCorr

Moving against Aditxt Stock

  0.78RZLT Rezolute TrendingPairCorr
  0.71INDP Indaptus Therapeutics Financial Report 9th of May 2024 PairCorr
  0.67NVO Novo Nordisk AS Financial Report 2nd of May 2024 PairCorr
  0.67CELC Celcuity LLC Financial Report 20th of May 2024 PairCorr
  0.62MRK Merck Company Report 25th of April 2024 PairCorr
The ability to find closely correlated positions to Aditxt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aditxt 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 Aditxt - 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 Aditxt Inc to buy it.
The correlation of Aditxt 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 Aditxt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aditxt Inc 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 Aditxt 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.
Pair CorrelationCorrelation Matching
When determining whether Aditxt Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aditxt's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aditxt Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aditxt Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditxt Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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Is Aditxt'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 Aditxt. If investors know Aditxt 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 Aditxt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(12.00)
Revenue Per Share
5.194
Quarterly Revenue Growth
(0.61)
Return On Assets
(1.18)
Return On Equity
(6.99)
The market value of Aditxt Inc is measured differently than its book value, which is the value of Aditxt that is recorded on the company's balance sheet. Investors also form their own opinion of Aditxt's value that differs from its market value or its book value, called intrinsic value, which is Aditxt'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 Aditxt's market value can be influenced by many factors that don't directly affect Aditxt'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 Aditxt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aditxt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aditxt'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.