SI-BONE Inc Stock Price Down 12.76 percent on Nov 13
SIBN Stock | USD 13.56 0.29 2.19% |
About 57% of all Si Bone's investors are looking to take a long position. The analysis of overall sentiment of trading Si Bone stock suggests that some investors are interested at this time. Si Bone's investing sentiment overview a quick insight into current market opportunities from investing in Si Bone. Many technical investors use Si Bone stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
SIBN |
Shares of SI-BONE Inc fell 12.76 percent in mid-day trading on Nov 13. The stock reached an intraday low of 13.21, before recovering slightly to 13.64, do
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Si Bone Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Si Bone can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Si Bone Fundamental Analysis
We analyze Si Bone's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Si Bone using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Si Bone 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
Si Bone 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.
Si Bone 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 Si Bone stock to make a market-neutral strategy. Peer analysis of Si Bone could also be used in its relative valuation, which is a method of valuing Si Bone by comparing valuation metrics with similar companies.
Peers
Si Bone Related Equities
RPID | Rapid Micro | 6.06 | ||||
NPCE | Neuropace | 3.41 | ||||
TCMD | Tactile Systems | 3.22 | ||||
LUNG | Pulmonx Corp | 2.38 | ||||
KIDS | Orthopediatrics Corp | 2.32 | ||||
OFIX | Orthofix Medical | 2.09 | ||||
SGHT | Sight Sciences | 2.05 | ||||
CNMD | CONMED | 1.20 | ||||
RXST | Rxsight | 1.03 | ||||
IRMD | Iradimed | 0.65 | ||||
ITGR | Integer Holdings | 0.21 | ||||
ESTA | Establishment Labs | 0.39 | ||||
TMCI | Treace Medical | 0.47 | ||||
AXGN | Axogen | 1.21 |
Check out Si Bone Hype Analysis, Si Bone Correlation and Si Bone Performance. To learn how to invest in SIBN Stock, please use our How to Invest in Si Bone guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Si Bone. If investors know SIBN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Si Bone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.91) | Revenue Per Share 3.817 | Quarterly Revenue Growth 0.186 | Return On Assets (0.12) | Return On Equity (0.22) |
The market value of Si Bone is measured differently than its book value, which is the value of SIBN that is recorded on the company's balance sheet. Investors also form their own opinion of Si Bone's value that differs from its market value or its book value, called intrinsic value, which is Si Bone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Si Bone's market value can be influenced by many factors that don't directly affect Si Bone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Si Bone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Si Bone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Si Bone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.