Francisco Partners Completes Acquisition of Sumo Logic
SUMODelisted Stock | USD 12.04 0.00 0.00% |
About 56% of Sumo Logic's investor base is looking to short. The analysis of current outlook of investing in Sumo Logic suggests that many traders are alarmed regarding Sumo Logic's prospects. Sumo Logic's investing sentiment overview a quick insight into current market opportunities from investing in Sumo Logic. Many technical investors use Sumo Logic stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Sumo |
REDWOOD CITY, Calif., May 12, 2023 Sumo Logic, the SaaS analytics platform to enable reliable and secure cloud-native applications,...
Read at globenewswire.com
Sumo Logic Fundamental Analysis
We analyze Sumo Logic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumo Logic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumo Logic 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 Sales
Price To Sales Comparative Analysis
Sumo Logic is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Sumo Logic 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 Sumo Logic stock to make a market-neutral strategy. Peer analysis of Sumo Logic could also be used in its relative valuation, which is a method of valuing Sumo Logic by comparing valuation metrics with similar companies.
Peers
Sumo Logic Related Equities
PAGS | PagSeguro Digital | 3.54 | ||||
PATH | Uipath | 2.18 | ||||
CSGS | CSG Systems | 1.64 | ||||
NTNX | Nutanix | 1.33 | ||||
ZS | Zscaler | 0.93 | ||||
IIIV | I3 Verticals | 0.93 | ||||
RELY | Remitly Global | 0.92 | ||||
PANW | Palo Alto | 0.61 | ||||
EVCM | EverCommerce | 0.58 | ||||
ACIW | ACI Worldwide | 0.56 | ||||
CRWD | Crowdstrike Holdings | 0.24 | ||||
DAVA | Endava | 0.07 | ||||
SCWX | Secureworks Corp | 0.12 | ||||
INFA | Informatica | 0.34 | ||||
AVDX | AvidXchange Holdings | 0.61 | ||||
GB | Global Blue | 10.57 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Sumo Stock
If you are still planning to invest in Sumo Logic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sumo Logic's history and understand the potential risks before investing.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Stocks Directory Find actively traded stocks across global markets | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |