Butterfly Network to Participate at the Canaccord Genuity MedTech, Diagnostics and Digital Health Services Forum on November 21, 2024
BFLY Stock | USD 3.29 0.03 0.90% |
Slightly above 52% of Butterfly Network's investor base is interested to short. The analysis of overall sentiment of trading Butterfly Network stock suggests that many investors are impartial at this time. Butterfly Network's investing sentiment can be driven by a variety of factors including economic data, Butterfly Network's earnings reports, geopolitical events, and overall market trends.
Butterfly |
Butterfly Network, Inc. a digital health company transforming care with handheld, whole-body ultrasound and intuitive softw
Read at businesswire.com
Butterfly Network Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Butterfly Network can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Butterfly Network Fundamental Analysis
We analyze Butterfly Network's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Butterfly Network using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Butterfly Network 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.
Number Of Employees
Number Of Employees Comparative Analysis
Butterfly Network is currently under evaluation in number of employees category among its peers. Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Butterfly Network 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 Butterfly Network stock to make a market-neutral strategy. Peer analysis of Butterfly Network could also be used in its relative valuation, which is a method of valuing Butterfly Network by comparing valuation metrics with similar companies.
Peers
Butterfly Network Related Equities
CVRX | CVRx | 9.25 | ||||
MASS | 908 Devices | 7.03 | ||||
NNOX | Nano X | 4.58 | ||||
KIDS | Orthopediatrics Corp | 3.80 | ||||
MASI | Masimo | 2.53 | ||||
NARI | Inari Medical | 1.53 | ||||
INSP | Inspire Medical | 0.77 | ||||
MDT | Medtronic PLC | 0.75 | ||||
AXNX | Axonics Modulation | 0.68 | ||||
IART | Integra LifeSciences | 0.31 | ||||
INMD | InMode | 0.00 | ||||
LUCD | Lucid Diagnostics | 0.10 | ||||
GKOS | Glaukos Corp | 0.43 | ||||
MGRM | Monogram Orthopaedics | 1.00 | ||||
NPCE | Neuropace | 2.07 | ||||
ELMD | Electromed | 3.90 |
Additional Tools for Butterfly Stock Analysis
When running Butterfly Network's price analysis, check to measure Butterfly Network'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 Butterfly Network is operating at the current time. Most of Butterfly Network's value examination focuses on studying past and present price action to predict the probability of Butterfly Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butterfly Network's price. Additionally, you may evaluate how the addition of Butterfly Network to your portfolios can decrease your overall portfolio volatility.