Beneath is Validea’s guru basic report for AVIDITY BIOSCIENCES INC (RNA). Of the 22 guru methods we observe, RNA charges highest utilizing our Quantitative Momentum Investor mannequin based mostly on the revealed technique of Wesley Gray. This momentum mannequin seems to be for shares with robust and constant intermediate-term relative efficiency.
AVIDITY BIOSCIENCES INC (RNA) is a mid-cap inventory within the Biotechnology & Medicine business. The ranking utilizing this technique is 72% based mostly on the agency’s underlying fundamentals and the inventory’s valuation. A rating of 80% or above sometimes signifies that the technique has some curiosity within the inventory and a rating above 90% sometimes signifies robust curiosity.
The next desk summarizes whether or not the inventory meets every of this technique’s assessments. Not all standards within the beneath desk obtain equal weighting or are impartial, however the desk gives a quick overview of the robust and weak factors of the safety within the context of the technique’s standards.
| DEFINE THE UNIVERSE: | PASS |
| TWELVE MINUS ONE MOMENTUM: | PASS |
| RETURN CONSISTENCY | NEUTRAL |
| SEASONALITY | NEUTRAL |
Detailed Evaluation of AVIDITY BIOSCIENCES INC
Extra Data on Wesley Grey
About Wesley Grey: Wesley Grey is the founding father of Alpha Architect and the creator (together with co-author Jack Vogel) of “Quantitative Momentum A Practitioner’s Information to Constructing a Momentum-Based mostly Inventory Choice System”. He’s additionally the creator (together with co-author Tobias Carlisle) of “Quantitative Worth: A Practitioner’s Information to Automating Clever Funding and Eliminating Behavioral Errors”. He’s an business acknowledged knowledgeable within the utility of quantitative investing methods. Wes can also be a former Marine and has his Phd from the Univerisity of Chicago, the place he studied underneath Nobel Prize winner Eugene Fama.
Further Analysis Hyperlinks
About Validea: Validea is aninvestment researchservice that follows the revealed methods of funding legends. Validea affords each inventory evaluation and mannequin portfolios based mostly on gurus who’ve outperformed the market over the long-term, together with Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For extra details about Validea, click here
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
