Inhibikase Return On Capital Employed from 2010 to 2024

IKT Stock  USD 1.82  0.04  2.15%   
Check Inhibikase Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inhibikase Therapeutics' main balance sheet or income statement drivers, such as , as well as many indicators such as . Inhibikase financial statements analysis is a perfect complement when working with Inhibikase Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Inhibikase Therapeutics Correlation against competitors.
For more information on how to buy Inhibikase Stock please use our How to Invest in Inhibikase Therapeutics guide.

About Inhibikase Therapeutics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Inhibikase Therapeutics income statement, its balance sheet, and the statement of cash flows. Inhibikase Therapeutics investors use historical funamental indicators, such as Inhibikase Therapeutics's Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although Inhibikase Therapeutics investors may use each financial statement separately, they are all related. The changes in Inhibikase Therapeutics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Inhibikase Therapeutics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Inhibikase Therapeutics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Inhibikase Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Inhibikase Therapeutics, Inc., a clinical stage pharmaceutical company, develops therapeutics for Parkinsons Disease and related disorders that arise inside and outside of the brain. Inhibikase Therapeutics, Inc. was founded in 2008 and is headquartered in Atlanta, Georgia. Inhibikase Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 6 people.

Pair Trading with Inhibikase Therapeutics

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 Inhibikase Therapeutics 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 Inhibikase Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Inhibikase Stock

  0.61EQ EquilliumPairCorr

Moving against Inhibikase Stock

  0.63VERU Veru Inc Earnings Call TomorrowPairCorr
  0.48DSGN Design TherapeuticsPairCorr
The ability to find closely correlated positions to Inhibikase Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inhibikase Therapeutics 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 Inhibikase Therapeutics - 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 Inhibikase Therapeutics to buy it.
The correlation of Inhibikase Therapeutics 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 Inhibikase Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inhibikase Therapeutics 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 Inhibikase Therapeutics 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.
Pair CorrelationCorrelation Matching

Additional Tools for Inhibikase Stock Analysis

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