Ladrx Stock Beta
LadRx fundamentals help investors to digest information that contributes to LadRx's financial success or failures. It also enables traders to predict the movement of LadRx OTC Stock. The fundamental analysis module provides a way to measure LadRx'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 LadRx otc stock.
LadRx |
LadRx OTC Stock Beta Analysis
LadRx's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current LadRx Beta | 2.07 |
Most of LadRx's fundamental indicators, such as Beta, 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, LadRx is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, LadRx has a Beta of 2.0669. This is 140.34% higher than that of the Healthcare sector and 48.7% higher than that of the Biotechnology industry. The beta for all United States stocks is notably lower than that of the firm.
LadRx Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LadRx's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of LadRx could also be used in its relative valuation, which is a method of valuing LadRx by comparing valuation metrics of similar companies.LadRx is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, LadRx will likely underperform.
LadRx Fundamentals
| Return On Equity | -1.64 | ||||
| Return On Asset | -0.34 | ||||
| Current Valuation | 7.5 M | ||||
| Shares Outstanding | 45.04 M | ||||
| Shares Owned By Insiders | 9.76 % | ||||
| Shares Owned By Institutions | 9.30 % | ||||
| Number Of Shares Shorted | 294.31 K | ||||
| Price To Book | 8.48 X | ||||
| Price To Sales | 34.48 X | ||||
| EBITDA | (5.97 M) | ||||
| Net Income | (13.18 M) | ||||
| Cash And Equivalents | 4.11 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 322.33 K | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 1.83 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (12.31 M) | ||||
| Short Ratio | 1.96 X | ||||
| Beta | 2.07 | ||||
| Market Capitalization | 4.32 M | ||||
| Total Asset | 8.73 M | ||||
| Z Score | 7.8 | ||||
| Net Asset | 8.73 M |
Also Currently Popular
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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Note that the LadRx information on this page should be used as a complementary analysis to other LadRx's 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in LadRx OTC Stock
If you are still planning to invest in LadRx 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 LadRx's history and understand the potential risks before investing.
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