Trevi Therapeutics, Inc. Sees Significant Increase in Short Interest
TRVI Stock | USD 2.88 0.06 2.13% |
Under 58% of all Trevi Therapeutics' traders are looking to take a long position. The analysis of overall sentiment of trading Trevi Therapeutics stock suggests that some investors are interested at this time. Trevi Therapeutics' investing sentiment shows overall attitude of investors towards Trevi Therapeutics.
Trevi |
Trevi Therapeutics, Inc. was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 174,400 shares, an increase of 51.9 percent from the March 15th total of 114,800 shares. Based on an average daily trading volume, of 48,000 shares,
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Trevi Therapeutics Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Trevi Therapeutics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Trevi Therapeutics Fundamental Analysis
We analyze Trevi Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trevi Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trevi Therapeutics 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 Book
Price To Book Comparative Analysis
Trevi Therapeutics is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Trevi Therapeutics 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 Trevi Therapeutics stock to make a market-neutral strategy. Peer analysis of Trevi Therapeutics could also be used in its relative valuation, which is a method of valuing Trevi Therapeutics by comparing valuation metrics with similar companies.
Peers
Trevi Therapeutics Related Equities
ANTX | AN2 Therapeutics | 21.90 | ||||
CUE | Cue Biopharma | 11.93 | ||||
LYRA | Lyra Therapeutics | 10.53 | ||||
CCCC | C4 Therapeutics | 8.59 | ||||
PRLD | Prelude Therapeutics | 7.14 | ||||
CGEM | Cullinan Oncology | 2.75 | ||||
FHTX | Foghorn Therapeutics | 2.57 | ||||
BCAB | Bioatla | 2.44 | ||||
BOLT | Bolt Biotherapeutics | 1.59 | ||||
RZLT | Rezolute | 1.00 | ||||
SPRO | Spero Therapeutics | 0.88 | ||||
SEER | Seer | 0.81 | ||||
ANEB | Anebulo Pharmaceuticals | 0.70 | ||||
ORIC | Oric Pharmaceuticals | 0.70 | ||||
TARA | Protara Therapeutics | 0.99 | ||||
CHRS | Coherus BioSciences | 3.17 |
Complementary Tools for Trevi Stock analysis
When running Trevi Therapeutics' price analysis, check to measure Trevi Therapeutics' 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 Trevi Therapeutics is operating at the current time. Most of Trevi Therapeutics' value examination focuses on studying past and present price action to predict the probability of Trevi Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trevi Therapeutics' price. Additionally, you may evaluate how the addition of Trevi Therapeutics to your portfolios can decrease your overall portfolio volatility.
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