The Best ASX Health Stocks to Buy - TheBull.com.au
| SAB Stock | EUR 17.40 0.01 0.06% |
Roughly 56% of Sonic Healthcare's investor base is looking to short. The analysis of current outlook of investing in Sonic Healthcare Limited suggests that many traders are alarmed regarding Sonic Healthcare's prospects. The current market sentiment, together with Sonic Healthcare's historical and current headlines, can help investors time the market. In addition, many technical investors use Sonic Healthcare stock news signals to limit their universe of possible portfolio assets.
Sonic Healthcare stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Sonic daily returns and investor perception about the current price of Sonic Healthcare Limited as well as its diversification or hedging effects on your existing portfolios.
Sonic |
The Best ASX Health Stocks to Buy TheBull.com.au
Read at news.google.com
 |
Sonic Healthcare Fundamental Analysis
We analyze Sonic Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sonic Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sonic Healthcare 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Sonic Healthcare is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Sonic Healthcare 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 Sonic Healthcare stock to make a market-neutral strategy. Peer analysis of Sonic Healthcare could also be used in its relative valuation, which is a method of valuing Sonic Healthcare by comparing valuation metrics with similar companies.
Peers
Sonic Healthcare Related Equities
| UCE | ULTRA CLEAN | 1.69 | ||||
| CAC1 | Casio Computer | 0.57 | ||||
| XYD | MINCO SILVER | 0.00 | ||||
| 6IC | Iridium Communications | 0.36 | ||||
| C8C | Consolidated Communications | 0.45 | ||||
| OGM1 | Cogent Communications | 0.65 |
Complementary Tools for Sonic Stock analysis
When running Sonic Healthcare's price analysis, check to measure Sonic Healthcare'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 Sonic Healthcare is operating at the current time. Most of Sonic Healthcare's value examination focuses on studying past and present price action to predict the probability of Sonic Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonic Healthcare's price. Additionally, you may evaluate how the addition of Sonic Healthcare to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |