Mynaric AG Sees Large Drop in Short Interest
MYNA Stock | USD 0.44 0.01 2.33% |
About 53% of Mynaric AG's investors are presently thinking to get in. The analysis of overall sentiment of trading Mynaric AG ADR stock suggests that some investors are interested at this time. The current market sentiment, together with Mynaric AG's historical and current headlines, can help investors time the market. In addition, many technical investors use Mynaric AG ADR stock news signals to limit their universe of possible portfolio assets.
Mynaric |
Mynaric AG saw a large drop in short interest in December. As of December 15th, there was short interest totalling 185,800 shares, a drop of 20.9 percent from the November 30th total of 234,900 shares. Based on an average daily volume of 509,200 shares, the short-interest ratio is currently 0.4 days.
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Mynaric AG Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Mynaric AG 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.
Mynaric AG Fundamental Analysis
We analyze Mynaric AG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mynaric AG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mynaric AG 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.
Gross Profit
Gross Profit Comparative Analysis
Mynaric AG is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Mynaric AG ADR 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 Mynaric AG stock to make a market-neutral strategy. Peer analysis of Mynaric AG could also be used in its relative valuation, which is a method of valuing Mynaric AG by comparing valuation metrics with similar companies.
Peers
Mynaric AG Related Equities
TSAT | Telesat Corp | 3.17 | ||||
NTGR | NETGEAR | 1.99 | ||||
KN | Knowles Cor | 1.85 | ||||
KVHI | KVH Industries | 0.85 | ||||
ADTN | ADTRAN | 0.59 | ||||
ITRN | Ituran Location | 0.49 | ||||
DGII | Digi International | 0.07 | ||||
AVNW | Aviat Networks | 0.88 | ||||
CMTL | Comtech Telecommunicatio | 1.13 | ||||
SILC | Silicom | 1.69 |
Complementary Tools for Mynaric Stock analysis
When running Mynaric AG's price analysis, check to measure Mynaric AG'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 Mynaric AG is operating at the current time. Most of Mynaric AG's value examination focuses on studying past and present price action to predict the probability of Mynaric AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mynaric AG's price. Additionally, you may evaluate how the addition of Mynaric AG to your portfolios can decrease your overall portfolio volatility.
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