Oncternal Therapeutics Announces Updated Safety and Efficacy Data for Phase 12 Study of ONCT-534 for the Treatment of RR Metastatic Castration-Resistant Prostate Cancer
ONCTDelisted Stock | USD 0.53 0.00 0.00% |
Slightly above 61% of Oncternal Therapeutics' investor base is looking to short. The analysis of overall sentiment of trading Oncternal Therapeutics stock suggests that many investors are alarmed at this time. Oncternal Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Oncternal Therapeutics' earnings reports, geopolitical events, and overall market trends.
Oncternal |
SAN DIEGO, Oct. 22, 2024 -- Oncternal Therapeutics, Inc. today announced updated data from its Phase 12 Study of ONCT-534 for the treatment of patients with relapsed or refractory metastatic Castration-Resistant Prostate Cancer . Based on initial pharmacokinetic results, two additional dosing cohorts with twice daily oral dosing of ONCT-534 had been incorporated in the Phase 12 study ONCT-534-101 . Overall, fifteen patie
Read at finance.yahoo.com
Oncternal Therapeutics Fundamental Analysis
We analyze Oncternal Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oncternal Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oncternal Therapeutics 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.
Current Valuation
Current Valuation Comparative Analysis
Oncternal Therapeutics is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Oncternal Therapeutics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Oncternal Therapeutics stock to make a market-neutral strategy. Peer analysis of Oncternal Therapeutics could also be used in its relative valuation, which is a method of valuing Oncternal Therapeutics by comparing valuation metrics with similar companies.
Peers
Oncternal Therapeutics Related Equities
MNPR | Monopar Therapeutics | 4.66 | ||||
ABSI | Absci Corp | 3.51 | ||||
TIL | Instil Bio | 2.52 | ||||
SRZN | Surrozen | 1.44 | ||||
ASMB | Assembly Biosciences | 0.20 | ||||
ARMP | Armata Pharmaceuticals | 0.00 | ||||
PASG | Passage Bio | 0.13 | ||||
KZR | Kezar Life | 0.44 | ||||
ADTX | Aditxt | 0.57 | ||||
KTTA | Pasithea Therapeutics | 0.75 | ||||
NUVB | Nuvation Bio | 0.76 | ||||
CTMX | CytomX Therapeutics | 0.89 | ||||
ADVM | Adverum Biotechnologies | 2.23 | ||||
TARA | Protara Therapeutics | 3.01 | ||||
VCNX | Vaccinex | 7.98 |
Check out Your Equity Center 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 main economic indicators. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Oncternal Stock
If you are still planning to invest in Oncternal Therapeutics 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 Oncternal Therapeutics' history and understand the potential risks before investing.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |