Aditxt Inc Stock Market Value

ADTX Stock  USD 1.92  0.02  1.05%   
Aditxt's market value is the price at which a share of Aditxt trades on a public exchange. It measures the collective expectations of Aditxt Inc investors about its performance. Aditxt is trading at 1.92 as of the 13th of June 2024; that is 1.05 percent increase since the beginning of the trading day. The stock's open price was 1.9.
With this module, you can estimate the performance of a buy and hold strategy of Aditxt Inc and determine expected loss or profit from investing in Aditxt over a given investment horizon. Check out Aditxt Correlation, Aditxt Volatility and Aditxt Alpha and Beta module to complement your research on Aditxt.
Symbol

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.
0.00
05/14/2024
No Change 0.00  0.0 
In 30 days
06/13/2024
0.00
If you would invest  0.00  in Aditxt on May 14, 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 Neurobo Pharmaceuticals, Dermata Therapeutics, Unicycive Therapeutics, Revelation Biosciences, Palisade Bio, Plus Therapeutics, and Quoin Pharmaceuticals. 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.

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.
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.
Hype
Prediction
LowEstimatedHigh
0.091.856.37
Details
Intrinsic
Valuation
LowRealHigh
1.7316.6921.21
Details
Naive
Forecast
LowNextHigh
0.041.896.41
Details
1 Analysts
Consensus
LowTargetHigh
55.5161.0067.71
Details

Aditxt Inc Backtested Returns

Aditxt Inc secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% 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 (0.12), mean deviation of 3.37, and Standard Deviation of 4.43 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aditxt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aditxt is expected to be smaller as well. At this point, Aditxt Inc has a negative expected return of -0.81%. 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

    
  0.44  

Average predictability

Aditxt Inc has average predictability. Overlapping area represents the amount of predictability between Aditxt time series from 14th of May 2024 to 29th of May 2024 and 29th of May 2024 to 13th of June 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 0.44 indicates that just about 44.0% of current Aditxt price fluctuation can be explain by its past prices.
Correlation Coefficient0.44
Spearman Rank Test0.15
Residual Average0.0
Price Variance0.0

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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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.