Siemens Healthineers AG Q4 2023 Earnings Call Transcript - Seeking Alpha
SHL Stock | EUR 52.08 0.08 0.15% |
Roughly 61% of Siemens Healthineers' investor base is looking to short. The analysis of current outlook of investing in Siemens Healthineers AG suggests that many traders are alarmed regarding Siemens Healthineers' prospects. The current market sentiment, together with Siemens Healthineers' historical and current headlines, can help investors time the market. In addition, many technical investors use Siemens Healthineers stock news signals to limit their universe of possible portfolio assets.
Siemens Healthineers stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Siemens daily returns and investor perception about the current price of Siemens Healthineers AG as well as its diversification or hedging effects on your existing portfolios.
Siemens |
Siemens Healthineers AG Q4 2023 Earnings Call Transcript Seeking Alpha
Read at news.google.com
Siemens Healthineers Fundamental Analysis
We analyze Siemens Healthineers' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Siemens Healthineers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Siemens Healthineers 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 Book
Price To Book Comparative Analysis
Siemens Healthineers is rated fifth in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Siemens Healthineers 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 Siemens Healthineers stock to make a market-neutral strategy. Peer analysis of Siemens Healthineers could also be used in its relative valuation, which is a method of valuing Siemens Healthineers by comparing valuation metrics with similar companies.
Peers
Siemens Healthineers Related Equities
DAP | Danaher | 2.11 | ||||
AG8 | Agilent Technologies | 0.43 | ||||
DAP | Danaher | 0.16 | ||||
SHL1 | SIEMENS HEALTH | 0.00 | ||||
WX8 | WuXi AppTec | 0.00 | ||||
IX1 | IDEXX Laboratories | 0.00 | ||||
SHL | Siemens Healthineers | 0.15 |
Complementary Tools for Siemens Stock analysis
When running Siemens Healthineers' price analysis, check to measure Siemens Healthineers' 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 Siemens Healthineers is operating at the current time. Most of Siemens Healthineers' value examination focuses on studying past and present price action to predict the probability of Siemens Healthineers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siemens Healthineers' price. Additionally, you may evaluate how the addition of Siemens Healthineers to your portfolios can decrease your overall portfolio volatility.
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