EQRx Inc Performance
The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and EQRx are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days EQRx Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, EQRx is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 1.7 B | |
| Total Cashflows From Investing Activities | -897.3 M |
EQRx |
EQRx Relative Risk vs. Return Landscape
If you would invest (100.00) in EQRx Inc on December 18, 2024 and sell it today you would earn a total of 100.00 from holding EQRx Inc or generate -100.0% return on investment over 90 days. EQRx Inc is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than EQRx, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
EQRx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EQRx's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as EQRx Inc, and traders can use it to determine the average amount a EQRx's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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| EQRX |
Based on monthly moving average EQRx is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of EQRx by adding EQRx to a well-diversified portfolio.
EQRx Fundamentals Growth
EQRx Stock prices reflect investors' perceptions of the future prospects and financial health of EQRx, and EQRx fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on EQRx Stock performance.
| Return On Equity | -0.2 | |||
| Return On Asset | -0.14 | |||
| Current Valuation | (75.06 M) | |||
| Shares Outstanding | 487.7 M | |||
| Price To Book | 1.00 X | |||
| EBITDA | (517.58 M) | |||
| Cash And Equivalents | 1.56 B | |||
| Cash Per Share | 3.29 X | |||
| Total Debt | 3.83 M | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 2.41 X | |||
| Cash Flow From Operations | (287.27 M) | |||
| Earnings Per Share | (0.54) X | |||
| Total Asset | 1.46 B | |||
| Retained Earnings | (527.59 M) | |||
Things to note about EQRx Inc performance evaluation
Checking the ongoing alerts about EQRx for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for EQRx Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EQRx Inc is not yet fully synchronised with the market data | |
| EQRx Inc has some characteristics of a very speculative penny stock | |
| EQRx Inc has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (169.09 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| EQRx Inc currently holds about 1.56 B in cash with (287.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.29. | |
| Roughly 68.0% of the company shares are held by institutions such as insurance companies |
- Analyzing EQRx's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether EQRx's stock is overvalued or undervalued compared to its peers.
- Examining EQRx's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating EQRx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EQRx's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EQRx's stock. These opinions can provide insight into EQRx's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities 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 EQRx Stock
If you are still planning to invest in EQRx Inc 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 EQRx's history and understand the potential risks before investing.
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