Adaptive Biotechnologies Q2 Earnings Taking a Look at Key Metrics Versus Estimates
| ADPT Stock | USD 6.39 0.07 1.11% |
Slightly above 51% of Adaptive Biotechnologies' investor base is interested to short. The analysis of overall sentiment of trading Adaptive Biotechnologies Corp stock suggests that many investors are impartial at this time. Adaptive Biotechnologies' investing sentiment can be driven by a variety of factors including economic data, Adaptive Biotechnologies' earnings reports, geopolitical events, and overall market trends.
Adaptive |
Although the revenue and EPS for Adaptive Biotechnologies give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Adaptive Biotechnologies Fundamental Analysis
We analyze Adaptive Biotechnologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adaptive Biotechnologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adaptive Biotechnologies 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.
Profit Margin
Profit Margin Comparative Analysis
Adaptive Biotechnologies is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Adaptive Biotechnologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Adaptive Biotechnologies stock to make a market-neutral strategy. Peer analysis of Adaptive Biotechnologies could also be used in its relative valuation, which is a method of valuing Adaptive Biotechnologies by comparing valuation metrics with similar companies.
Peers
Adaptive Biotechnologies Related Equities
| SANA | Sana Biotechnology | 7.36 | ||||
| HEPA | Hepion Pharmaceuticals | 2.04 | ||||
| VIR | Vir Biotechnology | 0.54 | ||||
| BEAM | Beam Therapeutics | 0.38 | ||||
| APLS | Apellis Pharmaceuticals | 0.33 | ||||
| RPRX | Royalty Pharma | 0.08 | ||||
| KRYS | Krystal Biotech | 1.44 | ||||
| ELEV | Elevation Oncology | 1.75 | ||||
| VERV | Verve Therapeutics | 2.20 | ||||
| ZURA | Zura Bio | 2.52 | ||||
| LEGN | Legend Biotech | 3.33 | ||||
| CRBU | Caribou Biosciences | 5.59 | ||||
| ENVB | Enveric Biosciences | 6.06 | ||||
| IKNA | Ikena Oncology | 8.38 |
Additional Tools for Adaptive Stock Analysis
When running Adaptive Biotechnologies' price analysis, check to measure Adaptive Biotechnologies' 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 Adaptive Biotechnologies is operating at the current time. Most of Adaptive Biotechnologies' value examination focuses on studying past and present price action to predict the probability of Adaptive Biotechnologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adaptive Biotechnologies' price. Additionally, you may evaluate how the addition of Adaptive Biotechnologies to your portfolios can decrease your overall portfolio volatility.