Somalogic Net Income vs. Number Of Shares Shorted
Please note, there is a significant difference between Somalogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Somalogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Somalogic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.Somalogic Number Of Shares Shorted vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Somalogic's current stock value. Our valuation model uses many indicators to compare Somalogic value to that of its competitors to determine the firm's financial worth. Somalogic is rated below average in net income category among its peers. It is currently regarded as top stock in number of shares shorted category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Somalogic's earnings, one of the primary drivers of an investment's value.Somalogic Number Of Shares Shorted vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Somalogic |
| = | (109.16 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Somalogic |
| = | 7.14 M |
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.
Somalogic Number Of Shares Shorted Comparison
Somalogic is currently under evaluation in number of shares shorted category among its peers.
Somalogic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Somalogic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Somalogic will eventually generate negative long term returns. The profitability progress is the general direction of Somalogic's change in net profit over the period of time. It can combine multiple indicators of Somalogic, 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.
SomaLogic, Inc. operates as a protein biomarker discovery and clinical diagnostics company in the United States. The company was incorporated in 1999 and is headquartered in Boulder, Colorado. Somalogic operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 320 people.
Somalogic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Somalogic. 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 Somalogic 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 Somalogic's important profitability drivers and their relationship over time.
Somalogic Earnings per Share Projection vs Actual
Use Somalogic 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 Somalogic 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 Somalogic will appreciate offsetting losses from the drop in the long position's value.Somalogic Pair Trading
Somalogic Pair Trading Analysis
The ability to find closely correlated positions to IGT Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IGT Old 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 IGT Old - 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 IGT Old to buy it.
The correlation of IGT Old 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 IGT Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IGT Old 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 IGT Old 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 Somalogic position
In addition to having Somalogic 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 Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 36 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 Disruptive Technologies Theme or any other thematic opportunities.
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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 price. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Other Consideration for investing in Somalogic Stock
If you are still planning to invest in Somalogic 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 Somalogic's history and understand the potential risks before investing.
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