Nucana Plc Stock Beta
| NCNA Stock | USD 1.26 0.02 1.56% |
NuCana PLC fundamentals help investors to digest information that contributes to NuCana PLC's financial success or failures. It also enables traders to predict the movement of NuCana Stock. The fundamental analysis module provides a way to measure NuCana PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NuCana PLC stock.
NuCana | Beta |
NuCana PLC Company Beta Analysis
NuCana PLC's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current NuCana PLC Beta | 1.04 |
Most of NuCana PLC's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NuCana PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NuCana Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for NuCana PLC is extremely important. It helps to project a fair market value of NuCana Stock properly, considering its historical fundamentals such as Beta. Since NuCana PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NuCana PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NuCana PLC's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, NuCana PLC has a Beta of 1.038. This is 20.7% higher than that of the Biotechnology sector and 25.32% lower than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
NuCana Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NuCana PLC's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NuCana PLC could also be used in its relative valuation, which is a method of valuing NuCana PLC by comparing valuation metrics of similar companies.NuCana PLC is currently under evaluation in beta category among its peers.
NuCana PLC Current Valuation Drivers
We derive many important indicators used in calculating different scores of NuCana PLC from analyzing NuCana PLC's financial statements. These drivers represent accounts that assess NuCana PLC's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NuCana PLC's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 146.4M | 124.5M | 90.6M | 28.2M | 13.1M | 12.5M | |
| Enterprise Value | 95.2M | 37.8M | 30.7M | (13.0M) | (3.7M) | (3.5M) |
NuCana PLC Institutional Holders
Institutional Holdings refers to the ownership stake in NuCana PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NuCana PLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NuCana PLC's value.| Shares | Allsquare Wealth Management Llc | 2024-09-30 | 205 | Newbridge Financial Services Group, Inc. | 2024-09-30 | 68.0 | Activest Wealth Management | 2024-09-30 | 33.0 | Global Retirement Partners, Llc. | 2024-09-30 | 4.0 | Castleview Partners, Llc | 2024-09-30 | 0.0 | Traynor Capital Management, Inc | 2024-06-30 | 0.0 | The Carlyle Group Inc | 2024-09-30 | 133.3 K | Baillie Gifford & Co Limited. | 2024-09-30 | 36.7 K | Renaissance Technologies Corp | 2024-09-30 | 16.8 K | Glass Jacobson Investment Advisors Llc | 2024-09-30 | 15 K | Ubs Group Ag | 2024-09-30 | 12.6 K |
NuCana PLC returns are very sensitive to returns on the market. As the market goes up or down, NuCana PLC is expected to follow.
NuCana Fundamentals
| Return On Equity | -1.81 | ||||
| Return On Asset | -0.68 | ||||
| Current Valuation | (9.16 M) | ||||
| Shares Outstanding | 3.93 M | ||||
| Shares Owned By Insiders | 0.52 % | ||||
| Shares Owned By Institutions | 11.81 % | ||||
| Number Of Shares Shorted | 60.81 K | ||||
| Price To Earning | (7.52) X | ||||
| Price To Book | 0.91 X | ||||
| EBITDA | (28.89 M) | ||||
| Net Income | (27.63 M) | ||||
| Cash And Equivalents | 46.53 M | ||||
| Cash Per Share | 0.90 X | ||||
| Total Debt | 396 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 5.83 X | ||||
| Book Value Per Share | 7.11 X | ||||
| Cash Flow From Operations | (26.44 M) | ||||
| Short Ratio | 0.31 X | ||||
| Earnings Per Share | (14.98) X | ||||
| Target Price | 49.67 | ||||
| Number Of Employees | 25 | ||||
| Beta | 1.04 | ||||
| Market Capitalization | 4.95 M | ||||
| Total Asset | 27.81 M | ||||
| Retained Earnings | (207.71 M) | ||||
| Working Capital | 12.34 M | ||||
| Current Asset | 47.66 M | ||||
| Current Liabilities | 2.32 M | ||||
| Net Asset | 27.81 M |
About NuCana PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NuCana PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NuCana PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NuCana PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 NuCana PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NuCana PLC's 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 Nucana Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nucana Plc Stock:Check out NuCana PLC Piotroski F Score and NuCana PLC Altman Z Score analysis. For information on how to trade NuCana Stock refer to our How to Trade NuCana Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 NuCana PLC. If investors know NuCana 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 NuCana PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.98) | Return On Assets (0.68) | Return On Equity (1.81) |
The market value of NuCana PLC is measured differently than its book value, which is the value of NuCana that is recorded on the company's balance sheet. Investors also form their own opinion of NuCana PLC's value that differs from its market value or its book value, called intrinsic value, which is NuCana PLC's 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 NuCana PLC's market value can be influenced by many factors that don't directly affect NuCana PLC's 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 NuCana PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuCana PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuCana PLC's 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.