Shockwave Medical - Analysts Recent Ratings Updates

SWAVDelisted Stock  USD 268.45  6.44  2.34%   
Slightly above 62% of Shockwave Medical's investor base is looking to short. The analysis of current outlook of investing in Shockwave Medical suggests that many traders are alarmed regarding Shockwave Medical's prospects. Shockwave Medical's investing sentiment can be driven by a variety of factors including economic data, Shockwave Medical's earnings reports, geopolitical events, and overall market trends.
  
A number of research firms have changed their ratings and price targets for Shockwave Medical 2162024 Shockwave Medical had its price target raised by analysts at Piper Sandler from 275.00 to 290.00. They now have an overweight rating on the stock. 2162024 Shockwave Medical had its price target raised by analysts

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Shockwave Medical Fundamental Analysis

We analyze Shockwave Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shockwave Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shockwave Medical 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.

Market Capitalization

Market Capitalization Comparative Analysis

Shockwave Medical is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Shockwave Medical 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 Shockwave Medical stock to make a market-neutral strategy. Peer analysis of Shockwave Medical could also be used in its relative valuation, which is a method of valuing Shockwave Medical by comparing valuation metrics with similar companies.

Peers

Shockwave Medical Related Equities

CLPTClearpoint Neuro   2.15   
0%
94.0%
NARIInari Medical   1.74   
0%
76.0%
ALGNAlign Technology   1.35   
0%
59.0%
SYKStryker   1.03   
0%
45.0%
MASIMasimo   0.97   
0%
42.0%
PENPenumbra   0.01   
1.0%
0%
PODDInsulet   0.05   
2.0%
0%
DXCMDexCom   0.14   
6.0%
0%
TMDXTransMedics   0.46   
20.0%
0%
INSPInspire Medical   0.64   
28.0%
0%
EWEdwards Lifesciences   1.00   
44.0%
0%
TNDMTandem Diabetes   1.89   
83.0%
0%
OMOutset Medical   2.27   
100.0%
0%
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 nation.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Other Consideration for investing in Shockwave Stock

If you are still planning to invest in Shockwave Medical 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 Shockwave Medical's history and understand the potential risks before investing.
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