CohBar Sales General And Administrative To Revenue from 2010 to 2024
CWBRDelisted Stock | USD 2.99 0.07 2.29% |
Check CohBar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CohBar's main balance sheet or income statement drivers, such as , as well as many indicators such as . CohBar financial statements analysis is a perfect complement when working with CohBar Valuation or Volatility modules.
CohBar |
About CohBar Financial Statements
CohBar shareholders use historical fundamental indicators, such as Sales General And Administrative To Revenue, to determine how well the company is positioned to perform in the future. Although CohBar investors may analyze each financial statement separately, they are all interrelated. The changes in CohBar's assets and liabilities, for example, are also reflected in the revenues and expenses on on CohBar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
CohBar, Inc., a clinical stage biotechnology company, focuses in the research and development of mitochondria based therapeutics for the treatment of chronic and age-related diseases. CohBar, Inc. was incorporated in 2007 and is headquartered in Menlo Park, California. CohBar operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 9 people.
Pair Trading with CohBar
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 CohBar 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 CohBar will appreciate offsetting losses from the drop in the long position's value.Moving against CohBar Stock
0.7 | FNCH | Finch Therapeutics | PairCorr |
0.67 | HRGN | Harvard Apparatus | PairCorr |
0.62 | EMMA | Emmaus Life Sciences | PairCorr |
0.55 | IRD | Opus Genetics, Symbol Change | PairCorr |
0.53 | ENSCW | Ensysce Biosciences | PairCorr |
The ability to find closely correlated positions to CohBar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CohBar 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 CohBar - 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 CohBar Inc to buy it.
The correlation of CohBar 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 CohBar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CohBar 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 CohBar 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in CohBar Stock
If you are still planning to invest in CohBar 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 CohBar's history and understand the potential risks before investing.
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