Anavex Life Sciences Stock Net Income
| AVXL Stock | USD 3.76 0.07 1.90% |
Anavex Life Sciences fundamentals help investors to digest information that contributes to Anavex Life's financial success or failures. It also enables traders to predict the movement of Anavex Stock. The fundamental analysis module provides a way to measure Anavex Life's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Anavex Life stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -42.8 M | -40.6 M | |
| Net Loss | -42.8 M | -40.6 M | |
| Net Loss | -42.8 M | -40.6 M | |
| Net Loss | (0.68) | (0.72) | |
| Net Income Per E B T | 1.15 | 1.11 |
Anavex | Net Income |
Anavex Life Sciences Company Net Income Analysis
Anavex Life's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Anavex Life Net Income | (47.51 M) |
Most of Anavex Life's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Anavex Life Sciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Anavex Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Anavex Life is extremely important. It helps to project a fair market value of Anavex Stock properly, considering its historical fundamentals such as Net Income. Since Anavex Life's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Anavex Life's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Anavex Life's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Anavex Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Anavex Life Sciences reported net income of (47.51 Million). This is 113.92% lower than that of the Biotechnology sector and 167.82% lower than that of the Health Care industry. The net income for all United States stocks is 108.32% higher than that of the company.
Anavex Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Anavex Life's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Anavex Life could also be used in its relative valuation, which is a method of valuing Anavex Life by comparing valuation metrics of similar companies.Anavex Life is currently under evaluation in net income category among related companies.
Anavex Life Current Valuation Drivers
We derive many important indicators used in calculating different scores of Anavex Life from analyzing Anavex Life's financial statements. These drivers represent accounts that assess Anavex Life's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Anavex Life's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 154.5M | 264.8M | 793.7M | 522.6M | 470.3M | 493.9M | |
| Enterprise Value | 132.4M | 235.5M | 644.6M | 371.6M | 334.4M | 351.1M |
Anavex Life Institutional Holders
Institutional Holdings refers to the ownership stake in Anavex Life that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Anavex Life's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Anavex Life's value.| Shares | Sg Americas Securities, Llc | 2023-12-31 | 307.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 256.1 K | Nuveen Asset Management, Llc | 2023-12-31 | 240.4 K | Rafferty Asset Management, Llc | 2023-12-31 | 232 K | Barclays Plc | 2023-12-31 | 210.4 K | Ubs Group Ag | 2023-12-31 | 205.3 K | Bank Of America Corp | 2023-12-31 | 204.9 K | Swiss National Bank | 2023-12-31 | 161.5 K | State Of Wisconsin Investment Board | 2023-12-31 | 136.8 K | Blackrock Inc | 2023-12-31 | 6.7 M | Vanguard Group Inc | 2023-12-31 | 4.4 M |
Anavex Fundamentals
| Return On Equity | -0.32 | ||||
| Return On Asset | -0.21 | ||||
| Current Valuation | 159.23 M | ||||
| Shares Outstanding | 82.11 M | ||||
| Shares Owned By Insiders | 3.14 % | ||||
| Shares Owned By Institutions | 31.93 % | ||||
| Number Of Shares Shorted | 22.01 M | ||||
| Price To Earning | (11.03) X | ||||
| Price To Book | 2.60 X | ||||
| EBITDA | (47.5 M) | ||||
| Net Income | (47.51 M) | ||||
| Cash And Equivalents | 149.16 M | ||||
| Cash Per Share | 1.91 X | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 14.95 X | ||||
| Book Value Per Share | 1.65 X | ||||
| Cash Flow From Operations | (27.79 M) | ||||
| Short Ratio | 15.51 X | ||||
| Earnings Per Share | (0.54) X | ||||
| Target Price | 34.67 | ||||
| Number Of Employees | 40 | ||||
| Beta | 0.57 | ||||
| Market Capitalization | 308.74 M | ||||
| Total Asset | 154.39 M | ||||
| Retained Earnings | (293.07 M) | ||||
| Working Capital | 141.85 M | ||||
| Current Asset | 9.45 M | ||||
| Current Liabilities | 3.19 M | ||||
| Net Asset | 154.39 M |
About Anavex Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Anavex Life Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Anavex Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Anavex Life Sciences 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.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Anavex Life in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Anavex Life's short interest history, or implied volatility extrapolated from Anavex Life options trading.
Pair Trading with Anavex Life
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 Anavex Life 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 Anavex Life will appreciate offsetting losses from the drop in the long position's value.Moving together with Anavex Stock
| 0.91 | EVOK | Evoke Pharma | PairCorr |
Moving against Anavex Stock
| 0.68 | JAGX | Jaguar Animal Health Financial Report 20th of May 2024 | PairCorr |
| 0.64 | ELYM | Eliem Therapeutics Trending | PairCorr |
| 0.59 | OGN | Organon | PairCorr |
| 0.55 | VKTX | Viking Therapeutics | PairCorr |
| 0.53 | KRYS | Krystal Biotech Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Anavex Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anavex Life 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 Anavex Life - 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 Anavex Life Sciences to buy it.
The correlation of Anavex Life 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 Anavex Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anavex Life Sciences 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 Anavex Life 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.Check out Anavex Life Piotroski F Score and Anavex Life Altman Z Score analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Anavex Stock analysis
When running Anavex Life's price analysis, check to measure Anavex Life's 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 Anavex Life is operating at the current time. Most of Anavex Life's value examination focuses on studying past and present price action to predict the probability of Anavex Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anavex Life's price. Additionally, you may evaluate how the addition of Anavex Life to your portfolios can decrease your overall portfolio volatility.
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Is Anavex Life's industry 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 Anavex Life. If investors know Anavex 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 Anavex Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Return On Assets (0.21) | Return On Equity (0.32) |
The market value of Anavex Life Sciences is measured differently than its book value, which is the value of Anavex that is recorded on the company's balance sheet. Investors also form their own opinion of Anavex Life's value that differs from its market value or its book value, called intrinsic value, which is Anavex Life's 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 Anavex Life's market value can be influenced by many factors that don't directly affect Anavex Life's 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 Anavex Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anavex Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anavex Life's 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.