Arizona State Retirement System Increases Position in Xenon Pharmaceuticals Inc. - Defense World

XENE Stock  USD 38.52  1.10  2.78%   
About 61% of Xenon Pharmaceuticals' investor base is looking to short. The analysis of the overall investor sentiment regarding Xenon Pharmaceuticals suggests that many traders are alarmed. The current market sentiment, together with Xenon Pharmaceuticals' historical and current headlines, can help investors time the market. In addition, many technical investors use Xenon Pharmaceuticals stock news signals to limit their universe of possible portfolio assets.
  
Arizona State Retirement System Increases Position in Xenon Pharmaceuticals Inc. Defense World

Read at news.google.com
Google News at Macroaxis
  

Xenon Pharmaceuticals Fundamental Analysis

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

Beta

Beta Comparative Analysis

Xenon Pharmaceuticals is currently under evaluation in beta category among its peers. 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.

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

Peers

Xenon Pharmaceuticals Related Equities

REPLReplimune   16.86   
0%
100.0%
VTYXVentyx Biosciences   6.88   
0%
40.0%
ANABAnaptysBio   6.50   
0%
38.0%
VRDNViridian Therapeutics   6.27   
0%
37.0%
MGTXMeiraGTx Holdings   5.56   
0%
32.0%
IDYAIdeaya Biosciences   4.37   
0%
25.0%
CRNXCrinetics Pharmaceuticals   3.78   
0%
22.0%
PCVXVaxcyte   3.36   
0%
19.0%
KROSKeros Therapeutics   3.23   
0%
19.0%
UTHRUnited Therapeutics   2.52   
0%
14.0%
ASNDAscendis Pharma   2.29   
0%
13.0%
MRUSMerus BV   0.74   
0%
4.0%
CYTKCytokinetics   0.17   
0%
1.0%
ACLXArcellx   0.14   
0%
1.0%
NUVLNuvalent   0.20   
1.0%
0%
INBXInhibrx   0.37   
2.0%
0%
LYELLyell Immunopharma   1.72   
10.0%
0%
EWTXEdgewise Therapeutics   1.72   
10.0%
0%
KRONKronos Bio   1.98   
11.0%
0%
DYNDyne Therapeutics   4.33   
25.0%
0%

Complementary Tools for Xenon Stock analysis

When running Xenon Pharmaceuticals' price analysis, check to measure Xenon Pharmaceuticals' 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 Xenon Pharmaceuticals is operating at the current time. Most of Xenon Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Xenon Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xenon Pharmaceuticals' price. Additionally, you may evaluate how the addition of Xenon Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Commodity Directory
Find actively traded commodities issued by global exchanges
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios