Avrobio Stock Price To Earning
| AVRODelisted Stock | USD 1.40 0.04 2.78% |
AVROBIO fundamentals help investors to digest information that contributes to AVROBIO's financial success or failures. It also enables traders to predict the movement of AVROBIO Stock. The fundamental analysis module provides a way to measure AVROBIO's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AVROBIO stock.
AVROBIO |
AVROBIO Company Price To Earning Analysis
AVROBIO's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current AVROBIO Price To Earning | (4.11) X |
Most of AVROBIO's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AVROBIO is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, AVROBIO has a Price To Earning of -4.1149 times. This is 115.92% lower than that of the Biotechnology sector and 183.47% lower than that of the Health Care industry. The price to earning for all United States stocks is 114.33% higher than that of the company.
AVROBIO Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AVROBIO's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AVROBIO could also be used in its relative valuation, which is a method of valuing AVROBIO by comparing valuation metrics of similar companies.AVROBIO is currently under evaluation in price to earning category among its peers.
AVROBIO Fundamentals
| Return On Equity | 0.43 | |||
| Return On Asset | -0.35 | |||
| Current Valuation | (26.51 M) | |||
| Shares Outstanding | 44.89 M | |||
| Shares Owned By Insiders | 1.65 % | |||
| Shares Owned By Institutions | 68.80 % | |||
| Number Of Shares Shorted | 139.56 K | |||
| Price To Earning | (4.11) X | |||
| Price To Book | 0.60 X | |||
| EBITDA | (71.05 M) | |||
| Net Income | 12.16 M | |||
| Cash And Equivalents | 132.41 M | |||
| Cash Per Share | 3.03 X | |||
| Total Debt | 878 K | |||
| Debt To Equity | 0.13 % | |||
| Current Ratio | 11.11 X | |||
| Book Value Per Share | 1.98 X | |||
| Cash Flow From Operations | (63.19 M) | |||
| Short Ratio | 0.70 X | |||
| Earnings Per Share | 0.69 X | |||
| Target Price | 2.0 | |||
| Number Of Employees | 13 | |||
| Beta | 1.22 | |||
| Market Capitalization | 63.75 M | |||
| Total Asset | 101.09 M | |||
| Retained Earnings | (477.27 M) | |||
| Working Capital | 93.91 M | |||
| Current Asset | 30.6 M | |||
| Current Liabilities | 3.26 M | |||
| Net Asset | 101.09 M |
About AVROBIO Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AVROBIO's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AVROBIO using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AVROBIO based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with AVROBIO
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 AVROBIO 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 AVROBIO will appreciate offsetting losses from the drop in the long position's value.Moving against AVROBIO Stock
| 0.91 | KO | Coca Cola Sell-off Trend | PairCorr |
| 0.83 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.81 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.81 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.78 | PPERY | Bank Mandiri Persero | PairCorr |
The ability to find closely correlated positions to AVROBIO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AVROBIO 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 AVROBIO - 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 AVROBIO to buy it.
The correlation of AVROBIO 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 AVROBIO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AVROBIO 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 AVROBIO 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in AVROBIO Stock
If you are still planning to invest in AVROBIO 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 AVROBIO's history and understand the potential risks before investing.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |