Aditxt Inc Stock Market Value
| ADTX Stock | USD 1.35 0.03 2.17% |
| Symbol | Aditxt |
Aditxt Inc Price To Book Ratio
Is Biotechnology space 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 (64.83) | Revenue Per Share 0.749 | Quarterly Revenue Growth (0.64) | Return On Assets (1.12) | Return On Equity (8.38) |
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.
Aditxt 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Aditxt's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Aditxt.
| 06/26/2024 |
| 07/26/2024 |
If you would invest 0.00 in Aditxt on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Aditxt Inc or generate 0.0% return on investment in Aditxt over 30 days. Aditxt is related to or competes with HUMANA, MicroAlgo, Via Renewables, Dallasnews Corp, UNITEDHEALTH, Spring Valley, and Coca Cola. Aditxt, Inc., a biotech company, develops technologies focuses on improving the health of the immune system through immu... More
Aditxt Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Aditxt's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Aditxt Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 63.97 | |||
| Value At Risk | (8.99) | |||
| Potential Upside | 6.8 |
Aditxt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aditxt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aditxt's standard deviation. In reality, there are many statistical measures that can use Aditxt historical prices to predict the future Aditxt's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | (0.25) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aditxt's 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.
Aditxt Inc Backtested Returns
Aditxt Inc secures Sharpe Ratio (or Efficiency) of -0.0797, which signifies that the company had a -0.0797% return per unit of risk over the last 3 months. Aditxt Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aditxt's Risk Adjusted Performance of (0.03), standard deviation of 7.92, and Mean Deviation of 4.56 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.8, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aditxt will likely underperform. At this point, Aditxt Inc has a negative expected return of -0.64%. Please make sure to confirm Aditxt's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Aditxt Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Aditxt Inc has weak reverse predictability. Overlapping area represents the amount of predictability between Aditxt time series from 26th of June 2024 to 11th of July 2024 and 11th of July 2024 to 26th of July 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aditxt Inc price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Aditxt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Aditxt Inc lagged returns against current returns
Autocorrelation, which is Aditxt stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Aditxt's stock expected returns. We can calculate the autocorrelation of Aditxt returns to help us make a trade decision. For example, suppose you find that Aditxt has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Aditxt regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Aditxt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aditxt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aditxt stock over time.
Current vs Lagged Prices |
| Timeline |
Aditxt Lagged Returns
When evaluating Aditxt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aditxt stock have on its future price. Aditxt autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Aditxt autocorrelation shows the relationship between Aditxt stock current value and its past values and can show if there is a momentum factor associated with investing in Aditxt Inc.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Aditxt Stock Analysis
When running Aditxt's price analysis, check to measure Aditxt'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 Aditxt is operating at the current time. Most of Aditxt's value examination focuses on studying past and present price action to predict the probability of Aditxt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aditxt's price. Additionally, you may evaluate how the addition of Aditxt to your portfolios can decrease your overall portfolio volatility.