Allarity Therapeutics Shares Owned By Insiders vs. Cash Per Share
| ALLR Stock | USD 1.10 0.01 0.90% |
For Allarity Therapeutics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allarity Therapeutics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allarity Therapeutics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allarity Therapeutics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allarity Therapeutics over time as well as its relative position and ranking within its peers.
Allarity |
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allarity Therapeutics. If investors know Allarity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allarity Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (10.98) | Revenue Per Share (0.02) | Return On Assets (0.48) | Return On Equity (1.22) |
The market value of Allarity Therapeutics is measured differently than its book value, which is the value of Allarity that is recorded on the company's balance sheet. Investors also form their own opinion of Allarity Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Allarity Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allarity Therapeutics' market value can be influenced by many factors that don't directly affect Allarity Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allarity Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allarity Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allarity Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Allarity Therapeutics Cash Per Share vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allarity Therapeutics's current stock value. Our valuation model uses many indicators to compare Allarity Therapeutics value to that of its competitors to determine the firm's financial worth. Allarity Therapeutics is rated fourth in shares owned by insiders category among its peers. It is rated below average in cash per share category among its peers fabricating about 0.06 of Cash Per Share per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Cash Per Share for Allarity Therapeutics is roughly 16.40 . At this time, Allarity Therapeutics' Cash Per Share is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Allarity Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Allarity Cash Per Share vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Allarity Therapeutics |
| = | 12.30 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Allarity Therapeutics |
| = | 0.75 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Allarity Cash Per Share Comparison
Allarity Therapeutics is currently under evaluation in cash per share category among its peers.
Allarity Therapeutics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allarity Therapeutics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allarity Therapeutics will eventually generate negative long term returns. The profitability progress is the general direction of Allarity Therapeutics' change in net profit over the period of time. It can combine multiple indicators of Allarity Therapeutics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -411 K | -431.6 K | |
| Net Loss | -24.2 M | -25.4 M | |
| Income Tax Expense | -717 K | -752.9 K | |
| Net Interest Income | -354 K | -371.7 K | |
| Interest Income | 34.5 K | 36.2 K | |
| Operating Income | -17.9 M | -18.8 M | |
| Net Loss | -13 M | -13.7 M | |
| Income Before Tax | -12.6 M | -13.2 M | |
| Total Other Income Expense Net | 5.3 M | 5.6 M | |
| Net Loss | -11.9 M | -12.5 M | |
| Non Operating Income Net Other | 15.2 M | 13.5 M | |
| Change To Netincome | 19 M | 12.7 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 1.07 | 0.77 | |
| Net Income Per E B T | 0.94 | 0.69 |
Allarity Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allarity Therapeutics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Allarity Therapeutics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Allarity Therapeutics' important profitability drivers and their relationship over time.
Use Allarity Therapeutics in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allarity Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allarity Therapeutics will appreciate offsetting losses from the drop in the long position's value.Allarity Therapeutics Pair Trading
Allarity Therapeutics Pair Trading Analysis
The ability to find closely correlated positions to Allarity Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allarity Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allarity Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allarity Therapeutics to buy it.
The correlation of Allarity Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allarity Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allarity Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allarity Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Allarity Therapeutics position
In addition to having Allarity Therapeutics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 45 constituents at this time.
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Additional Tools for Allarity Stock Analysis
When running Allarity Therapeutics' price analysis, check to measure Allarity Therapeutics' 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 Allarity Therapeutics is operating at the current time. Most of Allarity Therapeutics' value examination focuses on studying past and present price action to predict the probability of Allarity Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allarity Therapeutics' price. Additionally, you may evaluate how the addition of Allarity Therapeutics to your portfolios can decrease your overall portfolio volatility.