Discretionary transaction by Lynx1 Capital Management Lp of tradable shares of Passage Bio subject to Rule 16b-3

PASG Stock  USD 0.75  0.08  11.94%   
Roughly 58% of all Passage Bio's stockholders are looking to take a long position. The analysis of the overall investor sentiment regarding Passage Bio suggests that some traders are interested. The current market sentiment, together with Passage Bio's historical and current headlines, can help investors time the market. In addition, many technical investors use Passage Bio stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Passage Bio 10 Percent Owner. Discretionary transaction in accordance with Rule 16b-3(f)

Read at macroaxis.com
Passage insider trading alert for transaction of common stock, $0.0001 par value per share by Lynx1 Capital Management Lp, 10 Percent Owner, on 7th of August 2024. This event was filed by Passage Bio with SEC on 2024-08-07. Initial filing of beneficial ownership - SEC Form 3

Cash Flow Correlation

Passage Bio's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Passage Bio's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Passage Bio Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Passage Bio can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Passage Bio Fundamental Analysis

We analyze Passage Bio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Passage Bio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Passage Bio 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.

Retained Earnings

Retained Earnings Comparative Analysis

Passage Bio is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Passage Bio 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 Passage Bio stock to make a market-neutral strategy. Peer analysis of Passage Bio could also be used in its relative valuation, which is a method of valuing Passage Bio by comparing valuation metrics with similar companies.

Peers

Passage Bio Related Equities

MCRBSeres Therapeutics   4.55   
0%
42.0%
SCPHScpharmaceuticals   3.89   
0%
36.0%
MISTMilestone Pharmaceuticals   1.08   
0%
10.0%
LUMOLumos Pharma   0.46   
4.0%
0%
IKNAIkena Oncology   1.17   
10.0%
0%
ELYMEliem Therapeutics   1.30   
12.0%
0%
TPSTTempest Therapeutics   2.08   
19.0%
0%
RNXTRenovoRx   7.35   
68.0%
0%
HCWBHCW Biologics   10.71   
100.0%
0%

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When running Passage Bio's price analysis, check to measure Passage Bio'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 Passage Bio is operating at the current time. Most of Passage Bio's value examination focuses on studying past and present price action to predict the probability of Passage Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Passage Bio's price. Additionally, you may evaluate how the addition of Passage Bio to your portfolios can decrease your overall portfolio volatility.
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