Sumo Logic Stock Fundamentals
| SUMODelisted Stock | USD 12.04 0.00 0.00% |
Sumo Logic fundamentals help investors to digest information that contributes to Sumo Logic's financial success or failures. It also enables traders to predict the movement of Sumo Stock. The fundamental analysis module provides a way to measure Sumo Logic's 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 Sumo Logic stock.
Sumo |
Sumo Logic Company Return On Equity Analysis
Sumo Logic's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Sumo Logic Return On Equity | -0.31 |
Most of Sumo Logic's fundamental indicators, such as Return On Equity, 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, Sumo Logic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Sumo Logic has a Return On Equity of -0.3144. This is 97.39% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 1.42% higher than that of the company.
Sumo Logic Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sumo Logic's current stock value. Our valuation model uses many indicators to compare Sumo Logic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sumo Logic competition to find correlations between indicators driving Sumo Logic's intrinsic value. More Info.Sumo Logic is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sumo Logic's earnings, one of the primary drivers of an investment's value.Sumo Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sumo Logic's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sumo Logic could also be used in its relative valuation, which is a method of valuing Sumo Logic by comparing valuation metrics of similar companies.Sumo Logic is currently under evaluation in return on equity category among its peers.
Sumo Fundamentals
| Return On Equity | -0.31 | |||
| Return On Asset | -0.13 | |||
| Profit Margin | (0.42) % | |||
| Operating Margin | (0.42) % | |||
| Current Valuation | 749.89 M | |||
| Shares Outstanding | 124.09 M | |||
| Shares Owned By Insiders | 3.73 % | |||
| Shares Owned By Institutions | 76.46 % | |||
| Number Of Shares Shorted | 3.85 M | |||
| Price To Book | 2.81 X | |||
| Price To Sales | 3.48 X | |||
| Revenue | 300.67 M | |||
| Gross Profit | 203.44 M | |||
| EBITDA | (106.27 M) | |||
| Net Income | (124.81 M) | |||
| Cash And Equivalents | 317.56 M | |||
| Cash Per Share | 2.68 X | |||
| Total Debt | 3.78 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 2.20 X | |||
| Book Value Per Share | 3.06 X | |||
| Cash Flow From Operations | (27.36 M) | |||
| Short Ratio | 1.76 X | |||
| Earnings Per Share | (1.06) X | |||
| Target Price | 12.05 | |||
| Number Of Employees | 983 | |||
| Beta | 1.3 | |||
| Market Capitalization | 1.5 B | |||
| Total Asset | 579.1 M | |||
| Retained Earnings | (645.97 M) | |||
| Working Capital | 195.62 M | |||
| Net Asset | 579.1 M |
About Sumo Logic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sumo Logic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumo Logic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumo Logic 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.Sumo Logic, Inc. provides cloud-native software-as-a-service platform that enables organizations to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing worldwide. The company was incorporated in 2010 and is headquartered in Redwood City, California. Sumo Logic operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 943 people.
Pair Trading with Sumo Logic
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 Sumo Logic 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 Sumo Logic will appreciate offsetting losses from the drop in the long position's value.Moving together with Sumo Stock
Moving against Sumo Stock
| 0.75 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.73 | BKRKY | Bank Rakyat | PairCorr |
| 0.7 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.67 | EC | Ecopetrol SA ADR Sell-off Trend | PairCorr |
| 0.65 | PPERF | Bank Mandiri Persero | PairCorr |
The ability to find closely correlated positions to Sumo Logic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sumo Logic 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 Sumo Logic - 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 Sumo Logic to buy it.
The correlation of Sumo Logic 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 Sumo Logic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sumo Logic 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 Sumo Logic 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.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Sumo Stock
If you are still planning to invest in Sumo Logic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sumo Logic's history and understand the potential risks before investing.
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