SportsHero Shares Owned By Institutions vs. Market Capitalization
| SHO Stock | 0.02 0 9.52% |
For SportsHero profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SportsHero to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SportsHero utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SportsHero's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SportsHero over time as well as its relative position and ranking within its peers.
SportsHero |
SportsHero Market Capitalization vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SportsHero's current stock value. Our valuation model uses many indicators to compare SportsHero value to that of its competitors to determine the firm's financial worth.SportsHero Market Capitalization vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
SportsHero |
| = | 8.41 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
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.
SportsHero |
| = | 12.69 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
SportsHero Market Capitalization vs Competition
SportsHero is currently regarded as top stock in market capitalization category among its peers. Market capitalization of Communication Services industry is at this time estimated at about 9.37 Billion. SportsHero adds roughly 12.69 Million in market capitalization claiming only tiny portion of stocks in Communication Services industry.
SportsHero Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SportsHero. 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 SportsHero 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 SportsHero's important profitability drivers and their relationship over time.
Use SportsHero 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 SportsHero 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 SportsHero will appreciate offsetting losses from the drop in the long position's value.SportsHero Pair Trading
SportsHero Pair Trading Analysis
The ability to find closely correlated positions to SportsHero could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SportsHero 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 SportsHero - 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 SportsHero to buy it.
The correlation of SportsHero 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 SportsHero moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SportsHero 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 SportsHero 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 SportsHero position
In addition to having SportsHero 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 Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 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 Banks - Regional Theme or any other thematic opportunities.
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Additional Tools for SportsHero Stock Analysis
When running SportsHero's price analysis, check to measure SportsHero's 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 SportsHero is operating at the current time. Most of SportsHero's value examination focuses on studying past and present price action to predict the probability of SportsHero's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SportsHero's price. Additionally, you may evaluate how the addition of SportsHero to your portfolios can decrease your overall portfolio volatility.