Exercise or conversion by Watteeuw Carlisle Caroline of 158 shares of New Relic subject to Rule 16b-3

NEWRDelisted Stock  USD 71.64  0.17  0.24%   
Slightly above 62% of New Relic's investor base is looking to short. The analysis of current outlook of investing in New Relic suggests that many traders are alarmed regarding New Relic's prospects. New Relic's investing sentiment overview a quick insight into current market opportunities from investing in New Relic. Many technical investors use New Relic stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Filed transaction by New Relic Inc director. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3

Read at macroaxis.com
New insider trading alert for exercise of common stock by Watteeuw Carlisle Caroline, the corporate stakeholder, on 12th of September 2023. This event was filed by New Relic Inc with SEC on 2023-09-12. Statement of changes in beneficial ownership - SEC Form 4

New Relic Fundamental Analysis

We analyze New Relic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Relic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Relic 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.

Price To Sales

Price To Sales Comparative Analysis

New Relic is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

New Relic 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 New Relic stock to make a market-neutral strategy. Peer analysis of New Relic could also be used in its relative valuation, which is a method of valuing New Relic by comparing valuation metrics with similar companies.
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 housing.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in New Stock

If you are still planning to invest in New Relic 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 New Relic's history and understand the potential risks before investing.
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