Novabay Pharmaceuticals Stock Shares Owned By Institutions

NBY Stock  USD 0.68  0.04  5.56%   
NovaBay Pharmaceuticals fundamentals help investors to digest information that contributes to NovaBay Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of NovaBay Stock. The fundamental analysis module provides a way to measure NovaBay Pharmaceuticals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NovaBay Pharmaceuticals stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

NovaBay Pharmaceuticals Company Shares Owned By Institutions Analysis

NovaBay Pharmaceuticals' Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

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More About Shares Owned By Institutions | All Equity Analysis

Current NovaBay Pharmaceuticals Shares Owned By Institutions

    
  2.58 %  
Most of NovaBay Pharmaceuticals' fundamental indicators, such as Shares Owned By Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NovaBay Pharmaceuticals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NovaBay Shares Owned By Institutions Driver Correlations

Understanding the fundamental principles of building solid financial models for NovaBay Pharmaceuticals is extremely important. It helps to project a fair market value of NovaBay Stock properly, considering its historical fundamentals such as Shares Owned By Institutions. Since NovaBay Pharmaceuticals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NovaBay Pharmaceuticals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NovaBay Pharmaceuticals' interrelated accounts and indicators.
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Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Competition

Based on the latest financial disclosure, 2.578% of NovaBay Pharmaceuticals are shares owned by institutions. This is 94.22% lower than that of the Pharmaceuticals sector and 94.57% lower than that of the Health Care industry. The shares owned by institutions for all United States stocks is 93.43% higher than that of the company.

NovaBay Shares Owned By Institutions Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NovaBay Pharmaceuticals' direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NovaBay Pharmaceuticals could also be used in its relative valuation, which is a method of valuing NovaBay Pharmaceuticals by comparing valuation metrics of similar companies.
NovaBay Pharmaceuticals is currently under evaluation in shares owned by institutions category among its peers.

NovaBay Fundamentals

About NovaBay Pharmaceuticals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NovaBay Pharmaceuticals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NovaBay Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NovaBay Pharmaceuticals 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.
Please read more on our fundamental analysis page.

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Additional Tools for NovaBay Stock Analysis

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