Azenta, Inc. Stock Position Lessened by New York State Teachers Retirement System
| AZTA Stock | USD 46.97 0.24 0.51% |
About 62% of Azenta's investor base is looking to short. The analysis of overall sentiment of trading Azenta Inc stock suggests that many investors are alarmed at this time. The current market sentiment, together with Azenta's historical and current headlines, can help investors time the market. In addition, many technical investors use Azenta Inc stock news signals to limit their universe of possible portfolio assets.
Azenta |
New York State Teachers Retirement System lowered its stake in Azenta, Inc. by 15.9 percent in the 2nd quarter, according to its most recent Form 13F filing with the Securities Exchange Commission. The firm owned 91,076 shares of the companys stock after selling 17,201 shares during the quarter. New York State
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Azenta Fundamental Analysis
We analyze Azenta's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Azenta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Azenta 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Azenta is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Azenta Inc 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 Azenta stock to make a market-neutral strategy. Peer analysis of Azenta could also be used in its relative valuation, which is a method of valuing Azenta by comparing valuation metrics with similar companies.
Peers
Azenta Related Equities
| BLCO | Bausch Lomb | 1.03 | ||||
| COO | Cooper Companies, | 0.28 | ||||
| MMSI | Merit Medical | 0.01 | ||||
| ATR | AptarGroup | 0.21 | ||||
| AKYA | Akoya Biosciences | 0.45 | ||||
| ANGO | AngioDynamics | 0.56 | ||||
| BDX | Becton Dickinson | 0.70 | ||||
| NVST | Envista Holdings | 1.39 | ||||
| HOLX | Hologic | 1.94 | ||||
| HAE | Haemonetics | 2.54 | ||||
| ATRC | AtriCure | 2.54 | ||||
| ICUI | ICU Medical | 2.68 |
Complementary Tools for Azenta Stock analysis
When running Azenta's price analysis, check to measure Azenta'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 Azenta is operating at the current time. Most of Azenta's value examination focuses on studying past and present price action to predict the probability of Azenta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azenta's price. Additionally, you may evaluate how the addition of Azenta to your portfolios can decrease your overall portfolio volatility.
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