Scilex Holding Company, Following its Prior Announcement of - GlobeNewswire
| SCLXW Stock | 0.29 0.02 7.41% |
Slightly above 55% of Scilex Holding's sophisticated investors are presently thinking to get in. The analysis of the overall investor sentiment regarding Scilex Holding suggests that some traders are interested. Scilex Holding's investing sentiment can be driven by a variety of factors including economic data, Scilex Holding's earnings reports, geopolitical events, and overall market trends.
Scilex |
Scilex Holding Company, Following its Prior Announcement of GlobeNewswire
Read at news.google.com
 |
Scilex Holding Fundamental Analysis
We analyze Scilex Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Scilex Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Scilex Holding 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
Scilex Holding is currently under evaluation 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.
Scilex Holding 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 Scilex Holding stock to make a market-neutral strategy. Peer analysis of Scilex Holding could also be used in its relative valuation, which is a method of valuing Scilex Holding by comparing valuation metrics with similar companies.
Peers
Scilex Holding Related Equities
| YQ | 17 Education | 2.55 | ||||
| SCHL | Scholastic | 1.97 | ||||
| COE | 51Talk Online | 0.34 | ||||
| ALK | Alaska Air | 0.47 | ||||
| WAB | Westinghouse Air | 0.83 | ||||
| ACCO | Acco Brands | 0.85 | ||||
| DJCO | Daily Journal | 1.24 | ||||
| DINO | HF Sinclair | 1.94 |
Additional Tools for Scilex Stock Analysis
When running Scilex Holding's price analysis, check to measure Scilex Holding'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 Scilex Holding is operating at the current time. Most of Scilex Holding's value examination focuses on studying past and present price action to predict the probability of Scilex Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scilex Holding's price. Additionally, you may evaluate how the addition of Scilex Holding to your portfolios can decrease your overall portfolio volatility.