Adagene Stock Analysis

Adagene Stock Analysis Notes

About 35.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.63. Some equities with similar Price to Book (P/B) outperform the market in the long run. Adagene recorded a loss per share of 0.74. The entity had not issued any dividends in recent years. Adagene Inc., a clinical stage biopharmaceutical company, engages in the research, development, and production of monoclonal antibody drugs for cancers. The company was incorporated in 2011 and is headquartered in Suzhou, China. Adagene Inc operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 259 people. For more info on Adagene please contact the company at 86 512 8777 3632 or go to https://www.adagene.com.

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Adagene Largest EPS Surprises

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Adagene Stock Institutional Investors

Note, although Adagene's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Adagene Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 82.44 M.

Adagene Profitablity

Management Efficiency

Adagene has return on total asset (ROA) of (0.2192) % which means that it has lost $0.2192 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5521) %, meaning that it created substantial loss on money invested by shareholders. Adagene's management efficiency ratios could be used to measure how well Adagene manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.39. The current Return On Capital Employed is estimated to decrease to -0.74. At this time, Adagene's Non Current Assets Total are most likely to decrease significantly in the upcoming years. The Adagene's current Non Currrent Assets Other is estimated to increase to about 108.7 K, while Return On Tangible Assets are projected to decrease to (0.39).

Technical Drivers

As of the 21st of July, Adagene shows the mean deviation of 3.47, and Risk Adjusted Performance of 0.072. Adagene technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Adagene mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if Adagene is priced correctly, providing market reflects its regular price of 1.93 per share. Please also double-check Adagene total risk alpha, which is currently at (0.35) to validate the company can sustain itself at a future point.

Adagene Price Movement Analysis

Adagene Outstanding Bonds

Adagene Predictive Daily Indicators

Adagene Forecast Models

Adagene's time-series forecasting models are one of many Adagene's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Adagene's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Adagene prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Adagene shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Adagene. By using and applying Adagene Stock analysis, traders can create a robust methodology for identifying Adagene entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Adagene analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Adagene analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Adagene stock analysis indicators help investors evaluate how Adagene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Adagene shares will generate the highest return on investment. By understating and applying Adagene stock analysis, traders can identify Adagene position entry and exit signals to maximize returns.

When running Adagene's price analysis, check to measure Adagene'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 Adagene is operating at the current time. Most of Adagene's value examination focuses on studying past and present price action to predict the probability of Adagene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adagene's price. Additionally, you may evaluate how the addition of Adagene to your portfolios can decrease your overall portfolio volatility.