OVID
Price
$3.00
Change
-$0.02 (-0.66%)
Updated
May 7, 6:59 PM EST
Earnings call today
TRDA
Price
$13.88
Change
+$0.38 (+2.81%)
Updated
May 7, 6:59 PM EST
2 days until earnings call
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OVID vs TRDA

Header iconOVID vs TRDA Comparison
Open Charts OVID vs TRDABanner chart's image
Ovid Therapeutics
Price$3.00
Change-$0.02 (-0.66%)
Volume$70.18K
CapitalizationN/A
Entrada Therapeutics
Price$13.88
Change+$0.38 (+2.81%)
Volume$25.38K
CapitalizationN/A
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OVID vs TRDA Comparison Chart

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OVIDDaily Signal changed days agoGain/Loss if shorted
 
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TRDADaily Signal changed days agoGain/Loss if shorted
 
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VS
OVID vs. TRDA commentary
May 08, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is OVID is a Hold and TRDA is a Hold.

COMPARISON
Comparison
May 08, 2024
Stock price -- (OVID: $3.06 vs. TRDA: $13.16)
Brand notoriety: OVID and TRDA are both not notable
Both companies represent the Biotechnology industry
Current volume relative to the 65-day Moving Average: OVID: 34% vs. TRDA: 49%
Market capitalization -- OVID: $215.97M vs. TRDA: $454.65M
OVID [@Biotechnology] is valued at $215.97M. TRDA’s [@Biotechnology] market capitalization is $454.65M. The market cap for tickers in the [@Biotechnology] industry ranges from $547.77B to $0. The average market capitalization across the [@Biotechnology] industry is $2.6B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

OVID’s FA Score shows that 0 FA rating(s) are green whileTRDA’s FA Score has 1 green FA rating(s).

  • OVID’s FA Score: 0 green, 5 red.
  • TRDA’s FA Score: 1 green, 4 red.
According to our system of comparison, TRDA is a better buy in the long-term than OVID.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

OVID’s TA Score shows that 2 TA indicator(s) are bullish while TRDA’s TA Score has 4 bullish TA indicator(s).

  • OVID’s TA Score: 2 bullish, 6 bearish.
  • TRDA’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, TRDA is a better buy in the short-term than OVID.

Price Growth

OVID (@Biotechnology) experienced а -1.29% price change this week, while TRDA (@Biotechnology) price change was +5.70% for the same time period.

The average weekly price growth across all stocks in the @Biotechnology industry was +4.06%. For the same industry, the average monthly price growth was -3.25%, and the average quarterly price growth was +71.73%.

Reported Earning Dates

OVID is expected to report earnings on Aug 07, 2024.

TRDA is expected to report earnings on Aug 07, 2024.

Industries' Descriptions

@Biotechnology (+4.06% weekly)

Biotechnology involves genetic or protein engineering to produce medicines/therapies for treating and preventing ailments. The industry also provides crucial ingredients for diagnostics. This multi-billion-dollar industry is heavily focused on research and development, as companies attempt to continually come up with cutting-edge solutions for health. New discoveries for the treatment of diseases provide opportunities for growth for a company in this industry. Discoveries, however, must pass the regulatory approval from the U.S. Food and Drug Administration (FDA) before they can make it to markets. Amgen Inc., Gilead Sciences, Inc. and Celgene Corporation are examples of companies in this industry.

SUMMARIES
A.I.dvisor published
a Summary for OVID with price predictions.
OPEN
A.I.dvisor published
a Summary for TRDA with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
TRDA($455M) has a higher market cap than OVID($216M). OVID YTD gains are higher at: -4.969 vs. TRDA (-12.790).
OVIDTRDAOVID / TRDA
Capitalization216M455M47%
EBITDAN/AN/A-
Gain YTD-4.969-12.79039%
P/E RatioN/AN/A-
RevenueN/AN/A-
Total CashN/AN/A-
Total DebtN/AN/A-
FUNDAMENTALS RATINGS
OVID: Fundamental Ratings
OVID
OUTLOOK RATING
1..100
11
VALUATION
overvalued / fair valued / undervalued
1..100
78
Overvalued
PROFIT vs RISK RATING
1..100
76
SMR RATING
1..100
97
PRICE GROWTH RATING
1..100
78
P/E GROWTH RATING
1..100
90
SEASONALITY SCORE
1..100
75

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
OVIDTRDA
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bullish Trend 2 days ago
81%
Bearish Trend 2 days ago
90%
Momentum
ODDS (%)
Bearish Trend 2 days ago
83%
Bullish Trend 2 days ago
90%
MACD
ODDS (%)
Bearish Trend 2 days ago
81%
Bullish Trend 2 days ago
90%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
86%
Bullish Trend 2 days ago
86%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
83%
Bearish Trend 2 days ago
90%
Advances
ODDS (%)
Bullish Trend 6 days ago
77%
Bullish Trend 6 days ago
86%
Declines
ODDS (%)
Bearish Trend 2 days ago
88%
Bearish Trend 8 days ago
90%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
90%
Bearish Trend 2 days ago
90%
Aroon
ODDS (%)
Bearish Trend 7 days ago
84%
Bearish Trend 2 days ago
90%
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OVIDDaily Signal changed days agoGain/Loss if shorted
 
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TRDADaily Signal changed days agoGain/Loss if shorted
 
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TRDA and

Correlation & Price change

A.I.dvisor indicates that over the last year, TRDA has been loosely correlated with TRVI. These tickers have moved in lockstep 35% of the time. This A.I.-generated data suggests there is some statistical probability that if TRDA jumps, then TRVI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TRDA
1D Price
Change %
TRDA100%
-2.95%
TRVI - TRDA
35%
Loosely correlated
+0.33%
ARDX - TRDA
34%
Loosely correlated
+28.42%
FOLD - TRDA
33%
Loosely correlated
-0.29%
OVID - TRDA
33%
Poorly correlated
-0.33%
SVRA - TRDA
32%
Poorly correlated
+0.53%
More