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| STX Stock | USD 117.07 0.02 0.02% |
Slightly above 54% of Seagate Technology's investor base is interested to short. The analysis of overall sentiment of trading Seagate Technology PLC stock suggests that many investors are impartial at this time. Seagate Technology's investing sentiment can be driven by a variety of factors including economic data, Seagate Technology's earnings reports, geopolitical events, and overall market trends.
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Seagate Technology Fundamental Analysis
We analyze Seagate Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Seagate Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Seagate Technology 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
Seagate Technology 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.
Seagate Technology PLC 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 Seagate Technology stock to make a market-neutral strategy. Peer analysis of Seagate Technology could also be used in its relative valuation, which is a method of valuing Seagate Technology by comparing valuation metrics with similar companies.
Peers
Seagate Technology Related Equities
| NNDM | Nano Dimension | 3.87 | ||||
| WDC | Western Digital | 1.10 | ||||
| ANET | Arista Networks | 0.77 | ||||
| SMCI | Super Micro | 0.67 | ||||
| DELL | Dell Technologies | 0.13 | ||||
| CRSR | Corsair Gaming | 0.22 | ||||
| NTAP | NetApp | 0.24 | ||||
| PSTG | Pure Storage | 0.74 | ||||
| HPQ | HP | 2.05 |
Additional Tools for Seagate Stock Analysis
When running Seagate Technology's price analysis, check to measure Seagate Technology'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 Seagate Technology is operating at the current time. Most of Seagate Technology's value examination focuses on studying past and present price action to predict the probability of Seagate Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seagate Technology's price. Additionally, you may evaluate how the addition of Seagate Technology to your portfolios can decrease your overall portfolio volatility.