SCANDION ONC (Germany) Today
| 8VY Stock | EUR 0.11 0.01 8.33% |
Performance0 of 100
| Odds Of DistressOver 69
|
SCANDION ONC is trading at 0.11 as of the 30th of April 2024. This is a -8.33 percent down since the beginning of the trading day. The stock's lowest day price was 0.11. SCANDION ONC has more than 69 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for SCANDION ONC DK 0735 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Scandion Oncology AS, a biotechnology company, develops drugs for the treatment of chemotherapy resistance in cancer patients. The company was founded in 2017 and is based in Copenhagen, Denmark. SCANDION ONC operates under Biotechnology classification in Germany and is traded on Frankfurt Stock Exchange. The company has 40.71 M outstanding shares. More on SCANDION ONC DK 0735
Moving together with SCANDION Stock
| 0.7 | CSJA | CSL LTD SPONADR | PairCorr |
| 0.68 | CSJ | CSL Limited | PairCorr |
| 0.78 | 1FW1 | WUXI BIOLOGICS UNSPADR2 | PairCorr |
Moving against SCANDION Stock
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| 0.75 | MBG | Mercedes Benz Group | PairCorr |
| 0.6 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.56 | GOC | Star Diamond | PairCorr |
| 0.51 | KB9 | KBC Ancora SCA | PairCorr |
Follow Valuation Odds of Bankruptcy
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SCANDION Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SCANDION ONC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SCANDION ONC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Biotechnology, Healthcare (View all Sectors) |
SCANDION ONC DK 0735 (8VY) is traded on Frankfurt Exchange in Germany . The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SCANDION ONC's market, we take the total number of its shares issued and multiply it by SCANDION ONC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. SCANDION ONC DK classifies itself under Healthcare sector and is part of Biotechnology industry. The entity has 40.71 M outstanding shares.
SCANDION ONC DK 0735 has accumulated about 145.22 M in cash with (19.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check SCANDION ONC Probability Of Bankruptcy
Ownership AllocationSCANDION ONC DK 0735 shows a total of 40.71 Million outstanding shares. Almost 98.0 % of SCANDION ONC outstanding shares are held by general public with 1.816 percent owned by insiders and only 0.0 (percent) by institutions. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check SCANDION Ownership Details
SCANDION Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of SCANDION ONC jumping above the current price in 90 days from now is about 92.7%. The SCANDION ONC DK 0735 probability density function shows the probability of SCANDION ONC stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon SCANDION ONC DK 0735 has a beta of -0.5124. This suggests as returns on the benchmark increase, returns on holding SCANDION ONC are expected to decrease at a much lower rate. During a bear market, however, SCANDION ONC DK 0735 is likely to outperform the market. Additionally, sCANDION ONC DK 0735 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SCANDION ONC to move above the current price in 90 days from now is about 92.7 (This SCANDION ONC DK 0735 probability density function shows the probability of SCANDION Stock to fall within a particular range of prices over 90 days) .
SCANDION ONC DK Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SCANDION ONC market risk premium is the additional return an investor will receive from holding SCANDION ONC long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SCANDION ONC. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SCANDION ONC's alpha and beta are two of the key measurements used to evaluate SCANDION ONC's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.35 | |||
| Standard Deviation | 8.01 | |||
| Variance | 64.13 | |||
| Risk Adjusted Performance | (0.1) |
SCANDION Stock Against Markets
Picking the right benchmark for SCANDION ONC stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SCANDION ONC stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SCANDION ONC is critical whether you are bullish or bearish towards SCANDION ONC DK 0735 at a given time. Please also check how SCANDION ONC's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SCANDION ONC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy SCANDION Stock?
Before investing in SCANDION ONC, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SCANDION ONC. To buy SCANDION ONC stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SCANDION ONC. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SCANDION ONC stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SCANDION ONC DK 0735 stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SCANDION ONC DK 0735 stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as SCANDION ONC DK 0735, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in SCANDION ONC DK 0735?
The danger of trading SCANDION ONC DK 0735 is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SCANDION ONC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SCANDION ONC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SCANDION ONC DK is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SCANDION ONC DK 0735. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for SCANDION Stock analysis
When running SCANDION ONC's price analysis, check to measure SCANDION ONC'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 SCANDION ONC is operating at the current time. Most of SCANDION ONC's value examination focuses on studying past and present price action to predict the probability of SCANDION ONC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SCANDION ONC's price. Additionally, you may evaluate how the addition of SCANDION ONC to your portfolios can decrease your overall portfolio volatility.
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