Adynxx Financial Statements From 2010 to 2024

ADYXDelisted Stock  USD 0.0001  0.00  0.00%   
Adynxx financial statements provide useful quarterly and yearly information to potential Adynxx Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Adynxx financial statements helps investors assess Adynxx's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Adynxx's valuation are summarized below:
Adynxx Inc does not presently have any fundamental signals for analysis.
Check Adynxx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adynxx main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Adynxx financial statements analysis is a perfect complement when working with Adynxx Valuation or Volatility modules.
  
This module can also supplement various Adynxx Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Adynxx Current Ratio Analysis

Adynxx's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Adynxx Current Ratio

    
  0.18 X  
Most of Adynxx's fundamental indicators, such as Current Ratio, 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, Adynxx Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, Adynxx Inc has a Current Ratio of 0.18 times. This is 93.81% lower than that of the Biotechnology sector and 97.43% lower than that of the Health Care industry. The current ratio for all United States stocks is 91.67% higher than that of the company.

Adynxx Inc Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Adynxx's current stock value. Our valuation model uses many indicators to compare Adynxx value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Adynxx competition to find correlations between indicators driving Adynxx's intrinsic value. More Info.
Adynxx Inc is the top company in revenue category among related companies. It is number one stock in cash flow from operations category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Adynxx by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Adynxx's Pink Sheet . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Adynxx's earnings, one of the primary drivers of an investment's value.

About Adynxx Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Adynxx income statement, its balance sheet, and the statement of cash flows. Adynxx investors use historical funamental indicators, such as Adynxx's revenue or net income, to determine how well the company is positioned to perform in the future. Although Adynxx investors may use each financial statement separately, they are all related. The changes in Adynxx's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adynxx's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Adynxx Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Adynxx. Please read more on our technical analysis and fundamental analysis pages.
Adynxx, Inc., a clinical stage biopharmaceutical company, focuses on the development and marketing of transcription factor decoy technologies for the treatment of pain and inflammatory diseases. The company was founded in 2007 and is headquartered in San Francisco, California. ADYNXX INC operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 6 people.

Pair Trading with Adynxx

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 Adynxx 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 Adynxx will appreciate offsetting losses from the drop in the long position's value.

Moving against Adynxx Pink Sheet

  0.51ELTP Elite PharmaPairCorr
The ability to find closely correlated positions to Adynxx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adynxx 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 Adynxx - 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 Adynxx Inc to buy it.
The correlation of Adynxx 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 Adynxx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adynxx Inc 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 Adynxx 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Other Consideration for investing in Adynxx Pink Sheet

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