FMR LLC Bolsters Stake in Penguin Solutions Inc
| PENG Stock | 17.99 0.15 0.83% |
Roughly 61% of Penguin Solutions,'s investor base is looking to short. The analysis of overall sentiment of trading Penguin Solutions, stock suggests that many investors are alarmed at this time. The current market sentiment, together with Penguin Solutions,'s historical and current headlines, can help investors time the market. In addition, many technical investors use Penguin Solutions, stock news signals to limit their universe of possible portfolio assets.
Penguin |
Introduction to the Transaction On November 8, 2024, FMR LLC , a prominent investment firm, expanded its portfolio by acquiring an additional
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Penguin Solutions, Fundamental Analysis
We analyze Penguin Solutions,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Penguin Solutions, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Penguin Solutions, 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
Penguin Solutions, is rated below average 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.
Penguin Solutions, 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 Penguin Solutions, stock to make a market-neutral strategy. Peer analysis of Penguin Solutions, could also be used in its relative valuation, which is a method of valuing Penguin Solutions, by comparing valuation metrics with similar companies.
Peers
Penguin Solutions, Related Equities
| SQNS | Sequans Communications | 4.44 | ||||
| QUIK | QuickLogic | 2.11 | ||||
| PXLW | Pixelworks | 1.33 | ||||
| NVEC | NVE | 0.33 | ||||
| POET | POET Technologies | 0.00 | ||||
| PENG | Penguin Solutions, | 0.83 | ||||
| POWI | Power Integrations | 1.36 | ||||
| SKYT | Skywater Technology | 3.42 | ||||
| ALAB | Astera Labs, | 5.57 | ||||
| AOSL | Alpha | 9.15 |
Complementary Tools for Penguin Stock analysis
When running Penguin Solutions,'s price analysis, check to measure Penguin Solutions,'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 Penguin Solutions, is operating at the current time. Most of Penguin Solutions,'s value examination focuses on studying past and present price action to predict the probability of Penguin Solutions,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Penguin Solutions,'s price. Additionally, you may evaluate how the addition of Penguin Solutions, to your portfolios can decrease your overall portfolio volatility.
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