Athersys Performance
The firm shows a Beta (market volatility) of -3.66, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Athersys are expected to decrease by larger amounts. On the other hand, during market turmoil, Athersys is expected to outperform it. Athersys has an expected return of -3.36%. Please make sure to confirm Athersys maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Athersys performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Athersys has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's technical indicators remain fairly strong which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 37.4 M |
Athersys |
Athersys Relative Risk vs. Return Landscape
If you would invest 2.41 in Athersys on January 26, 2024 and sell it today you would lose (1.76) from holding Athersys or give up 73.03% of portfolio value over 90 days. Athersys is currently does not generate positive expected returns and assumes 11.391% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Athersys, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Athersys Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athersys' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Athersys, and traders can use it to determine the average amount a Athersys' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2951
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Estimated Market Risk
| 11.39 actual daily | 96 96% of assets are less volatile |
Expected Return
| -3.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.3 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Athersys is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Athersys by adding Athersys to a well-diversified portfolio.
Athersys Fundamentals Growth
Athersys Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Athersys, and Athersys fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Athersys Pink Sheet performance.
| Return On Equity | -12.76 | |||
| Return On Asset | -1.04 | |||
| Operating Margin | (260.55) % | |||
| Current Valuation | 24.52 M | |||
| Shares Outstanding | 26.71 M | |||
| Price To Earning | 0.39 X | |||
| Price To Book | 219.57 X | |||
| Price To Sales | 2.34 X | |||
| Revenue | 5.33 M | |||
| EBITDA | (75.59 M) | |||
| Cash And Equivalents | 13.78 M | |||
| Cash Per Share | 1.07 X | |||
| Total Debt | 9.43 M | |||
| Book Value Per Share | (1.71) X | |||
| Cash Flow From Operations | (58.95 M) | |||
| Earnings Per Share | (2.68) X | |||
| Total Asset | 27.73 M | |||
| Retained Earnings | (655.88 M) | |||
| Current Asset | 23.82 M | |||
| Current Liabilities | 4.76 M | |||
About Athersys Performance
To evaluate Athersys Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Athersys generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Athersys Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Athersys market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Athersys's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Athersys, Inc., a biotechnology company, focuses on the research and development activities in the field of regenerative medicine. Athersys, Inc. was founded in 1995 and is headquartered in Cleveland, Ohio. Athersys operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 104 people.Things to note about Athersys performance evaluation
Checking the ongoing alerts about Athersys for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Athersys help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Athersys is not yet fully synchronised with the market data | |
| Athersys generated a negative expected return over the last 90 days | |
| Athersys has high historical volatility and very poor performance | |
| Athersys has some characteristics of a very speculative penny stock | |
| Athersys has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 9.43 M in liabilities. Athersys has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Athersys until it has trouble settling it off, either with new capital or with free cash flow. So, Athersys' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Athersys sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athersys to invest in growth at high rates of return. When we think about Athersys' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 5.33 M. Net Loss for the year was (72.53 M) with loss before overhead, payroll, taxes, and interest of (65.57 M). | |
| Athersys currently holds about 13.78 M in cash with (58.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Athersys' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Athersys' stock is overvalued or undervalued compared to its peers.
- Examining Athersys' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Athersys' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Athersys' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Athersys' pink sheet. These opinions can provide insight into Athersys' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities 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 rate. Note that the Athersys information on this page should be used as a complementary analysis to other Athersys' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Other Consideration for investing in Athersys Pink Sheet
If you are still planning to invest in Athersys 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 Athersys' history and understand the potential risks before investing.
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