Movella Holdings Inc. Short Interest Down 92.7 percent in June
Slightly above 67% of Movella Holdings' investor base is looking to short. The analysis of current outlook of investing in Movella Holdings suggests that many traders are alarmed regarding Movella Holdings' prospects. Movella Holdings' investing sentiment can be driven by a variety of factors including economic data, Movella Holdings' earnings reports, geopolitical events, and overall market trends.
Movella |
Movella Holdings Inc. saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 900 shares, a decline of 92.7 percent from the May 31st total of 12,300 shares. Based on an average daily trading volume, of 15,900 shares, the short-interest ratio
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Movella Holdings Fundamental Analysis
We analyze Movella Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Movella Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Movella Holdings 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.
Retained Earnings
Retained Earnings Comparative Analysis
Movella Holdings is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Movella Holdings 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 Movella Holdings stock to make a market-neutral strategy. Peer analysis of Movella Holdings could also be used in its relative valuation, which is a method of valuing Movella Holdings by comparing valuation metrics with similar companies.
Peers
Movella Holdings Related Equities
RDNT | RadNet | 6.14 | ||||
MMSI | Merit Medical | 3.03 | ||||
UVSP | Univest Pennsylvania | 0.97 | ||||
DFS | Discover Financial | 0.79 | ||||
MLGF | Malaga Financial | 0.68 | ||||
REGN | Regeneron Pharmaceuticals | 0.26 | ||||
PFLT | PennantPark Floating | 0.78 |
Check out Correlation Analysis 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 nation. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Movella Stock
If you are still planning to invest in Movella Holdings 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 Movella Holdings' history and understand the potential risks before investing.
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