Erasca Inc Stock Buy Hold or Sell Recommendation
| ERAS Stock | USD 2.92 0.14 5.04% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Erasca Inc is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Erasca Inc given historical horizon and risk tolerance towards Erasca. When Macroaxis issues a 'buy' or 'sell' recommendation for Erasca Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Erasca Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Erasca and provide practical buy, sell, or hold advice based on investors' constraints. Erasca Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Erasca |
Execute Erasca Buy or Sell Advice
The Erasca recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Erasca Inc. Macroaxis does not own or have any residual interests in Erasca Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Erasca's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Erasca Trading Alerts and Improvement Suggestions
| Erasca Inc had very high historical volatility over the last 90 days | |
| Net Loss for the year was (125.04 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Erasca Inc currently holds about 371.48 M in cash with (101.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Erasca Inc has a poor financial position based on the latest SEC disclosures | |
| Roughly 12.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Erasca Now Covered by Jefferies Financial Group |
Erasca Returns Distribution Density
The distribution of Erasca's historical returns is an attempt to chart the uncertainty of Erasca's future price movements. The chart of the probability distribution of Erasca daily returns describes the distribution of returns around its average expected value. We use Erasca Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Erasca returns is essential to provide solid investment advice for Erasca.
| Mean Return | 0.18 | Value At Risk | -5.19 | Potential Upside | 7.34 | Standard Deviation | 3.94 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Erasca historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Erasca Stock Institutional Investors
The Erasca's institutional investors refer to entities that pool money to purchase Erasca's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Vivo Capital, Llc | 2024-09-30 | 6.8 M | 5am Venture Management, Llc | 2024-09-30 | 5.4 M | Partner Fund Management Lp | 2024-09-30 | 4.9 M | Geode Capital Management, Llc | 2024-09-30 | 4.5 M | Citadel Advisors Llc | 2024-09-30 | 4.3 M | Woodline Partners Lp | 2024-06-30 | 4.1 M | Marshall Wace Asset Management Ltd | 2024-06-30 | 3.7 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.4 M | Prosight Management, Lp | 2024-06-30 | 2.8 M | T. Rowe Price Investment Management,inc. | 2024-09-30 | 16.8 M | Vr Adviser, Llc | 2024-09-30 | 16.2 M |
Erasca Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Erasca or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Erasca's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Erasca stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 1.88 | |
σ | Overall volatility | 3.90 | |
Ir | Information ratio | 0.01 |
Erasca Volatility Alert
Erasca Inc shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Erasca's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Erasca's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Erasca Fundamentals Vs Peers
Comparing Erasca's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Erasca's direct or indirect competition across all of the common fundamentals between Erasca and the related equities. This way, we can detect undervalued stocks with similar characteristics as Erasca or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Erasca's fundamental indicators could also be used in its relative valuation, which is a method of valuing Erasca by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Erasca to competition |
| Fundamentals | Erasca | Peer Average |
| Return On Equity | -0.39 | -0.31 |
| Return On Asset | -0.19 | -0.14 |
| Current Valuation | 559.59 M | 16.62 B |
| Shares Outstanding | 282.73 M | 571.82 M |
| Shares Owned By Insiders | 12.39 % | 10.09 % |
| Shares Owned By Institutions | 8.00 % | 39.21 % |
| Number Of Shares Shorted | 32.15 M | 4.71 M |
| Price To Book | 1.83 X | 9.51 X |
| EBITDA | (121.31 M) | 3.9 B |
| Net Income | (125.04 M) | 570.98 M |
| Cash And Equivalents | 371.48 M | 2.7 B |
| Cash Per Share | 3.04 X | 5.01 X |
| Total Debt | 55.86 M | 5.32 B |
| Debt To Equity | 0.07 % | 48.70 % |
| Current Ratio | 17.09 X | 2.16 X |
| Book Value Per Share | 1.65 X | 1.93 K |
| Cash Flow From Operations | (101.22 M) | 971.22 M |
| Short Ratio | 19.92 X | 4.00 X |
| Earnings Per Share | (0.79) X | 3.12 X |
| Price To Earnings To Growth | 0.37 X | 4.89 X |
| Target Price | 5.75 | |
| Number Of Employees | 126 | 18.84 K |
| Beta | 1.16 | -0.15 |
| Market Capitalization | 825.56 M | 19.03 B |
| Total Asset | 395.3 M | 29.47 B |
| Retained Earnings | (606.01 M) | 9.33 B |
| Working Capital | 294.52 M | 1.48 B |
| Net Asset | 395.3 M |
Note: Acquisition by Garner Ebun of 480000 shares of Erasca at 1.7 subject to Rule 16b-3 [view details]
Erasca Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Erasca . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Erasca Buy or Sell Advice
When is the right time to buy or sell Erasca Inc? Buying financial instruments such as Erasca Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Erasca in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Preferred Stock ETFs
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Preferred Stock ETFs Theme or any other thematic opportunities.
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Additional Tools for Erasca Stock Analysis
When running Erasca's price analysis, check to measure Erasca'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 Erasca is operating at the current time. Most of Erasca's value examination focuses on studying past and present price action to predict the probability of Erasca's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erasca's price. Additionally, you may evaluate how the addition of Erasca to your portfolios can decrease your overall portfolio volatility.