MicroVision to Announce Second Quarter 2023 Results on August 8, 2023 - Yahoo Finance
| SODI Stock | USD 16.02 0.72 4.30% |
Under 62% of Solitron Devices' investor base is looking to short. The analysis of overall sentiment of trading Solitron Devices pink sheet suggests that many investors are alarmed at this time. Solitron Devices' investing sentiment shows overall attitude of investors towards Solitron Devices.
Solitron |
MicroVision to Announce Second Quarter 2023 Results on August 8, 2023 Yahoo Finance
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Solitron Devices Fundamental Analysis
We analyze Solitron Devices' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solitron Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solitron Devices 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.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
Solitron Devices is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Solitron Devices 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 Solitron Devices pink sheet to make a market-neutral strategy. Peer analysis of Solitron Devices could also be used in its relative valuation, which is a method of valuing Solitron Devices by comparing valuation metrics with similar companies.
Peers
Solitron Devices Related Equities
| CLRO | ClearOne | 4.17 | ||||
| MSTSX | Morningstar Unconstrained | 0.43 | ||||
| LBHIX | Thrivent High | 0.24 | ||||
| BRRAY | Barloworld | 0.00 | ||||
| ABHYX | High-yield Municipal | 0.11 | ||||
| 444859BR2 | HUMANA | 0.35 | ||||
| BOXL | Boxlight Corp | 2.38 | ||||
| SYTA | Siyata Mobile | 6.67 |
Complementary Tools for Solitron Pink Sheet analysis
When running Solitron Devices' price analysis, check to measure Solitron Devices' 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 Solitron Devices is operating at the current time. Most of Solitron Devices' value examination focuses on studying past and present price action to predict the probability of Solitron Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solitron Devices' price. Additionally, you may evaluate how the addition of Solitron Devices to your portfolios can decrease your overall portfolio volatility.
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