Can Shockwave Medical, Inc. Maintain Its Strong Returns?

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.
  
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

Read at finance.yahoo.com
Yahoo News
  

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.

Debt To Equity

Debt To Equity Comparative Analysis

Shockwave Medical is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Transaction History
View history of all your transactions and understand their impact on performance
Money Managers
Screen money managers from public funds and ETFs managed around the world
Bonds Directory
Find actively traded corporate debentures issued by US companies
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance