Cancer Focused Ambrx Biopharma Stock Trading Lower Today - Heres Why

About 67% of Ambrx Biopharma's investor base is looking to short. The analysis of current outlook of investing in Ambrx Biopharma American suggests that many traders are alarmed regarding Ambrx Biopharma's prospects. Ambrx Biopharma's investing sentiment overview a quick insight into current market opportunities from investing in Ambrx Biopharma American. Many technical investors use Ambrx Biopharma American stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Ambrx Biopharma Inc announced that two abstracts detailing updated safety and efficacy data from the ongoing Phase 12 trial, APEX-01, evaluating ARX517 for metastatic castration-resistant prostate cancer were made available as part of the 2023 European Society of Medical Oncolog

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Ambrx Biopharma Fundamental Analysis

We analyze Ambrx Biopharma's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ambrx Biopharma using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ambrx Biopharma 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.

Number Of Shares Shorted

Number Of Shares Shorted Comparative Analysis

Ambrx Biopharma is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Ambrx Biopharma American 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 Ambrx Biopharma stock to make a market-neutral strategy. Peer analysis of Ambrx Biopharma could also be used in its relative valuation, which is a method of valuing Ambrx Biopharma by comparing valuation metrics with similar companies.

Peers

Ambrx Biopharma Related Equities

ENVBEnveric Biosciences   32.08   
0%
100.0%
ZURAZura Bio   13.33   
0%
41.0%
IMMXImmix Biopharma   12.66   
0%
39.0%
ABOSAcumen Pharmaceuticals   1.59   
0%
4.0%
ELEVElevation Oncology   0.77   
0%
2.0%
SONNSonnet Biotherapeutics   0.65   
0%
2.0%
CNSPCns Pharmaceuticals   0.41   
0%
1.0%
INZYInozyme Pharma   0.83   
2.0%
0%
XFORX4 Pharmaceuticals   1.25   
3.0%
0%
HEPAHepion Pharmaceuticals   3.08   
9.0%
0%
DAWNDay One   4.03   
12.0%
0%
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 nation.
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Other Consideration for investing in Ambrx Stock

If you are still planning to invest in Ambrx Biopharma American 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 Ambrx Biopharma's history and understand the potential risks before investing.
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