Monday.Com Ltd Q3 2024 Everything You Need To Know Ahead Of Earnings
| MNDY Stock | USD 289.69 2.21 0.76% |
Slightly above 62% of MondayCom's investor base is looking to short. The analysis of overall sentiment of trading MondayCom stock suggests that many investors are alarmed at this time. MondayCom's investing sentiment can be driven by a variety of factors including economic data, MondayCom's earnings reports, geopolitical events, and overall market trends.
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Monday.Com Ltd is set to release its Q3 2024 earnings on Nov 11, 2024. The consensus estimate for Q3 2024 revenue is 246.10 million, and the earnings ar
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MondayCom Fundamental Analysis
We analyze MondayCom's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MondayCom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MondayCom 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
MondayCom 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.
MondayCom 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 MondayCom stock to make a market-neutral strategy. Peer analysis of MondayCom could also be used in its relative valuation, which is a method of valuing MondayCom by comparing valuation metrics with similar companies.
Peers
MondayCom Related Equities
Additional Tools for MondayCom Stock Analysis
When running MondayCom's price analysis, check to measure MondayCom'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 MondayCom is operating at the current time. Most of MondayCom's value examination focuses on studying past and present price action to predict the probability of MondayCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MondayCom's price. Additionally, you may evaluate how the addition of MondayCom to your portfolios can decrease your overall portfolio volatility.