Avidity Common Stock from 2010 to 2024

RNA Stock  USD 52.50  5.77  12.35%   
Avidity Biosciences' Common Stock is decreasing over the years with slightly volatile fluctuation. Common Stock is expected to dwindle to 7,600. From 2010 to 2024 Avidity Biosciences Common Stock quarterly data regression line had arithmetic mean of  236,373 and r-squared of  0.51. View All Fundamentals
 
Common Stock  
First Reported
2011-12-31
Previous Quarter
10 K
Current Value
11 K
Quarterly Volatility
205.9 K
 
Yuan Drop
 
Covid
Check Avidity Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avidity Biosciences' main balance sheet or income statement drivers, such as Interest Expense of 6.9 M, Total Revenue of 6.4 M or Research Development of 200.5 M, as well as many indicators such as Price To Sales Ratio of 65.66, Dividend Yield of 1.0E-4 or PTB Ratio of 1.39. Avidity financial statements analysis is a perfect complement when working with Avidity Biosciences Valuation or Volatility modules.
  
Check out the analysis of Avidity Biosciences Correlation against competitors.
For information on how to trade Avidity Stock refer to our How to Trade Avidity Stock guide.

Latest Avidity Biosciences' Common Stock Growth Pattern

Below is the plot of the Common Stock of Avidity Biosciences over the last few years. It is Avidity Biosciences' Common Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avidity Biosciences' overall financial position and show how it may be relating to other accounts over time.
Common Stock10 Years Trend
Slightly volatile
   Common Stock   
       Timeline  

Avidity Common Stock Regression Statistics

Arithmetic Mean236,373
Geometric Mean64,665
Coefficient Of Variation86.74
Mean Deviation184,752
Median253,000
Standard Deviation205,022
Sample Variance42B
Range494K
R-Value(0.71)
Mean Square Error22.3B
R-Squared0.51
Significance0
Slope(32,639)
Total Sum of Squares588.5B

Avidity Common Stock History

2024 7600.0
2023 8000.0
2022 7000.0
2021 5000.0
2020 4000.0
2019 1000.0

Other Fundumenentals of Avidity Biosciences

Avidity Biosciences Common Stock component correlations

0.990.7-0.690.33-0.64-0.80.930.99-0.81-0.91-0.860.950.720.96-0.840.960.210.720.90.650.87
0.990.72-0.660.19-0.57-0.760.920.98-0.83-0.88-0.810.960.650.96-0.80.960.250.650.890.590.84
0.70.72-0.640.1-0.29-0.710.730.69-0.84-0.52-0.710.750.440.73-0.710.740.180.370.410.380.49
-0.69-0.66-0.64-0.420.230.96-0.64-0.690.730.570.84-0.68-0.48-0.730.84-0.74-0.29-0.44-0.59-0.4-0.55
0.330.190.1-0.42-0.47-0.50.270.29-0.16-0.41-0.570.220.540.36-0.570.35-0.10.440.340.510.47
-0.64-0.57-0.290.23-0.470.36-0.53-0.670.380.720.58-0.52-0.71-0.560.56-0.55-0.11-0.74-0.55-0.67-0.61
-0.8-0.76-0.710.96-0.50.36-0.7-0.770.840.630.95-0.77-0.52-0.820.95-0.83-0.33-0.47-0.66-0.43-0.6
0.930.920.73-0.640.27-0.53-0.70.92-0.69-0.91-0.710.860.720.87-0.690.86-0.10.740.780.670.86
0.990.980.69-0.690.29-0.67-0.770.92-0.78-0.94-0.820.940.760.95-0.810.950.230.770.90.70.88
-0.81-0.83-0.840.73-0.160.380.84-0.69-0.780.530.88-0.88-0.3-0.860.88-0.88-0.37-0.26-0.63-0.22-0.52
-0.91-0.88-0.520.57-0.410.720.63-0.91-0.940.530.68-0.81-0.89-0.840.66-0.83-0.03-0.91-0.87-0.86-0.95
-0.86-0.81-0.710.84-0.570.580.95-0.71-0.820.880.68-0.82-0.57-0.871.0-0.88-0.34-0.52-0.7-0.48-0.65
0.950.960.75-0.680.22-0.52-0.770.860.94-0.88-0.81-0.820.590.99-0.810.990.290.540.90.540.84
0.720.650.44-0.480.54-0.71-0.520.720.76-0.3-0.89-0.570.590.66-0.550.630.110.960.680.990.85
0.960.960.73-0.730.36-0.56-0.820.870.95-0.86-0.84-0.870.990.66-0.871.00.270.590.910.60.88
-0.84-0.8-0.710.84-0.570.560.95-0.69-0.810.880.661.0-0.81-0.55-0.87-0.87-0.35-0.5-0.69-0.45-0.64
0.960.960.74-0.740.35-0.55-0.830.860.95-0.88-0.83-0.880.990.631.0-0.870.280.570.910.570.86
0.210.250.18-0.29-0.1-0.11-0.33-0.10.23-0.37-0.03-0.340.290.110.27-0.350.280.030.260.080.03
0.720.650.37-0.440.44-0.74-0.470.740.77-0.26-0.91-0.520.540.960.59-0.50.570.030.640.940.79
0.90.890.41-0.590.34-0.55-0.660.780.9-0.63-0.87-0.70.90.680.91-0.690.910.260.640.640.92
0.650.590.38-0.40.51-0.67-0.430.670.7-0.22-0.86-0.480.540.990.6-0.450.570.080.940.640.83
0.870.840.49-0.550.47-0.61-0.60.860.88-0.52-0.95-0.650.840.850.88-0.640.860.030.790.920.83
Click cells to compare fundamentals

About Avidity Biosciences Financial Statements

Avidity Biosciences stakeholders use historical fundamental indicators, such as Avidity Biosciences' Common Stock, to determine how well the company is positioned to perform in the future. Although Avidity Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Avidity Biosciences' assets and liabilities are reflected in the revenues and expenses on Avidity Biosciences' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Avidity Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Common StockK7.6 K
Common Stock Total Equity3.6 K3.4 K
Common Stock Shares Outstanding73 M45.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Avidity Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avidity Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avidity Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avidity Biosciences Stock:
Check out the analysis of Avidity Biosciences Correlation against competitors.
For information on how to trade Avidity Stock refer to our How to Trade Avidity Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 Avidity Biosciences. If investors know Avidity 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 Avidity Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.95)
Revenue Per Share
0.103
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.18)
Return On Equity
(0.28)
The market value of Avidity Biosciences is measured differently than its book value, which is the value of Avidity that is recorded on the company's balance sheet. Investors also form their own opinion of Avidity Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Avidity Biosciences' 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 Avidity Biosciences' market value can be influenced by many factors that don't directly affect Avidity Biosciences' 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 Avidity Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avidity Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avidity Biosciences' 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.