Seer Receivables Turnover from 2010 to 2024
| SEER Stock | USD 2.43 0.05 2.10% |
Check Seer financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seer's main balance sheet or income statement drivers, such as , as well as many indicators such as . Seer financial statements analysis is a perfect complement when working with Seer Valuation or Volatility modules.
Seer |
About Seer Financial Statements
Seer shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Seer investors may analyze each financial statement separately, they are all interrelated. The changes in Seer's assets and liabilities, for example, are also reflected in the revenues and expenses on on Seer's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Seer, Inc., a life sciences company, engages in developing and commercializing products to decode the secrets of the proteome. Seer, Inc. was incorporated in 2017 and is headquartered in Redwood City, California. Seer Inc operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 118 people.
Pair Trading with Seer
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 Seer 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 Seer will appreciate offsetting losses from the drop in the long position's value.Moving against Seer Stock
| 0.73 | HLN | Haleon plc | PairCorr |
| 0.66 | ME | 23Andme Holding | PairCorr |
| 0.62 | VALN | Valneva SE ADR | PairCorr |
| 0.56 | ERNA | Eterna Therapeutics | PairCorr |
| 0.52 | EXAS | EXACT Sciences Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Seer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seer 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 Seer - 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 Seer Inc to buy it.
The correlation of Seer 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 Seer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seer Inc 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 Seer 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.Additional Tools for Seer Stock Analysis
When running Seer's price analysis, check to measure Seer'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 Seer is operating at the current time. Most of Seer's value examination focuses on studying past and present price action to predict the probability of Seer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seer's price. Additionally, you may evaluate how the addition of Seer to your portfolios can decrease your overall portfolio volatility.