Avanos Medical, Inc. Shares Sold by Heartland Advisors Inc. - MarketBeat
8HH Stock | EUR 17.50 0.10 0.57% |
Roughly 62% of Avanos Medical's investor base is looking to short. The analysis of current outlook of investing in Avanos Medical suggests that many traders are alarmed regarding Avanos Medical's prospects. The current market sentiment, together with Avanos Medical's historical and current headlines, can help investors time the market. In addition, many technical investors use Avanos Medical stock news signals to limit their universe of possible portfolio assets.
Avanos Medical stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Avanos daily returns and investor perception about the current price of Avanos Medical as well as its diversification or hedging effects on your existing portfolios.
Avanos |
Avanos Medical, Inc. Shares Sold by Heartland Advisors Inc. MarketBeat
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Avanos Medical Fundamental Analysis
We analyze Avanos Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avanos Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avanos Medical 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.
Beta
Beta Comparative Analysis
Avanos Medical is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Avanos Medical Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Avanos Medical stock to make a market-neutral strategy. Peer analysis of Avanos Medical could also be used in its relative valuation, which is a method of valuing Avanos Medical by comparing valuation metrics with similar companies.
Peers
Avanos Medical Related Equities
NWL | NEWELL RUBBERMAID | 0.93 | ||||
RYQ | Rayonier Advanced | 0.65 | ||||
GRU | Geely Automobile | 0.52 | ||||
GTR | GOODYEAR T | 0.42 | ||||
TP3 | THRACE PLASTICS | 0.51 | ||||
MUJ | Mitsubishi Materials | 0.67 | ||||
WN6 | CARSALESCOM | 0.86 | ||||
WN6 | Carsales | 1.71 |
Complementary Tools for Avanos Stock analysis
When running Avanos Medical's price analysis, check to measure Avanos Medical'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 Avanos Medical is operating at the current time. Most of Avanos Medical's value examination focuses on studying past and present price action to predict the probability of Avanos Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avanos Medical's price. Additionally, you may evaluate how the addition of Avanos Medical to your portfolios can decrease your overall portfolio volatility.
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