Eargo, Operating Margin vs. Number Of Shares Shorted
| EARDelisted Stock | USD 4.00 0.10 2.44% |
For Eargo, profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eargo, to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eargo, Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eargo,'s most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eargo, Inc over time as well as its relative position and ranking within its peers.
Eargo, |
Eargo, Inc Number Of Shares Shorted vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eargo,'s current stock value. Our valuation model uses many indicators to compare Eargo, value to that of its competitors to determine the firm's financial worth. Eargo, Inc is rated below average in operating margin category among its peers. It is rated below average in number of shares shorted category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Eargo, by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Eargo, Number Of Shares Shorted vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Eargo, |
| = | (2.06) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Eargo, |
| = | 42.08 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Eargo, Number Of Shares Shorted Comparison
Eargo, is currently under evaluation in number of shares shorted category among its peers.
Eargo, Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eargo,, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eargo, will eventually generate negative long term returns. The profitability progress is the general direction of Eargo,'s change in net profit over the period of time. It can combine multiple indicators of Eargo,, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Eargo, Inc., a medical device company, engages in enhancing the quality of life of people with hearing loss in the United States. Eargo, Inc. was incorporated in 2010 and is headquartered in San Jose, California. Eargo operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 215 people.
Eargo, Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eargo,. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Eargo, position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Eargo,'s important profitability drivers and their relationship over time.
Use Eargo, in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eargo, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eargo, will appreciate offsetting losses from the drop in the long position's value.Eargo, Pair Trading
Eargo, Inc Pair Trading Analysis
The ability to find closely correlated positions to Eargo, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eargo, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eargo, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eargo, Inc to buy it.
The correlation of Eargo, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eargo, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eargo, Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eargo, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Eargo, position
In addition to having Eargo, in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Fabricated Products Theme or any other thematic opportunities.
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Check out Investing Opportunities 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Eargo, Stock
If you are still planning to invest in Eargo, Inc 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 Eargo,'s history and understand the potential risks before investing.
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