Socket Mobile Stock Buy Hold or Sell Recommendation
| SCKT Stock | USD 1.62 0.12 8.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Socket Mobile is 'Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Socket Mobile given historical horizon and risk tolerance towards Socket Mobile. When Macroaxis issues a 'buy' or 'sell' recommendation for Socket Mobile, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Socket Mobile Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Socket Stock please use our How to Invest in Socket Mobile guide. Note, we conduct extensive research on individual companies such as Socket and provide practical buy, sell, or hold advice based on investors' constraints. Socket Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Socket |
Execute Socket Mobile Buy or Sell Advice
The Socket recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Socket Mobile. Macroaxis does not own or have any residual interests in Socket Mobile or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Socket Mobile's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Good | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Socket Mobile Trading Alerts and Improvement Suggestions
| Socket Mobile may become a speculative penny stock | |
| Socket Mobile appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 17.03 M. Net Loss for the year was (1.92 M) with profit before overhead, payroll, taxes, and interest of 10.37 M. | |
| Socket Mobile has a frail financial position based on the latest SEC disclosures | |
| About 33.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Socket Mobile director Charlie Bass acquires 7,383 in stock |
Socket Mobile Returns Distribution Density
The distribution of Socket Mobile's historical returns is an attempt to chart the uncertainty of Socket Mobile's future price movements. The chart of the probability distribution of Socket Mobile daily returns describes the distribution of returns around its average expected value. We use Socket Mobile price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Socket Mobile returns is essential to provide solid investment advice for Socket Mobile.
| Mean Return | 0.52 | Value At Risk | -3.42 | Potential Upside | 5.93 | Standard Deviation | 3.67 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Socket Mobile historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Socket Stock Institutional Investors
The Socket Mobile's institutional investors refer to entities that pool money to purchase Socket Mobile's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Geneos Wealth Management Inc | 2024-09-30 | 1000 | Advisor Group Holdings, Inc. | 2024-06-30 | 300 | Fifth Third Bancorp | 2024-09-30 | 50.0 | Bank Of America Corp | 2024-06-30 | 45.0 | Goss Wealth Management Llc | 2024-06-30 | 35.0 | Barclays Plc | 2024-06-30 | 30.0 | Acadian Asset Management Llc | 2024-06-30 | 0.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Citadel Advisors Llc | 2024-09-30 | 0.0 | Vanguard Group Inc | 2024-09-30 | 67.2 K | Geode Capital Management, Llc | 2024-09-30 | 39 K |
Socket Mobile Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (906.6K) | (16.9K) | (2.0M) | (447.2K) | 192.6K | 202.3K | |
| Change In Cash | (126.1K) | 1.2M | 4.0M | (2.5M) | (796.8K) | (757.0K) | |
| Free Cash Flow | 270.6K | 268.0K | 1.5M | (1.3M) | (2.1M) | (2.2M) | |
| Depreciation | 462.9K | 596.9K | 759.2K | 1.3M | 1.4M | 1.5M | |
| Other Non Cash Items | 684.6K | 2.3M | 11.0K | 33.1K | 25.5K | 26.7K | |
| Capital Expenditures | 603.0K | 536.5K | 691.8K | 1.2M | 2.2M | 2.3M | |
| Net Income | 286.6K | (3.3M) | 4.5M | 86.9K | (1.9M) | (2.0M) | |
| End Period Cash Flow | 958.9K | 2.1M | 6.1M | 3.6M | 2.8M | 2.4M | |
| Change Receivables | 179.6K | 320.1K | 469.8K | (724.5K) | (833.2K) | (791.5K) | |
| Net Borrowings | 5.3M | 95.7K | 735.4K | 625K | 718.8K | 691.9K | |
| Change To Netincome | (143.5K) | 274.0K | 3.9M | (1.2M) | (1.4M) | (1.3M) | |
| Investments | (603.0K) | (536.5K) | (691.8K) | (1.2M) | (1.7M) | (1.7M) |
Socket Mobile Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Socket Mobile or Technology Hardware, Storage & Peripherals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Socket Mobile's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Socket stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 3.73 | |
Ir | Information ratio | 0.10 |
Socket Mobile Volatility Alert
Socket Mobile currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.45. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Socket Mobile's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Socket Mobile's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Socket Mobile Fundamentals Vs Peers
Comparing Socket Mobile's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Socket Mobile's direct or indirect competition across all of the common fundamentals between Socket Mobile and the related equities. This way, we can detect undervalued stocks with similar characteristics as Socket Mobile or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Socket Mobile's fundamental indicators could also be used in its relative valuation, which is a method of valuing Socket Mobile by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Socket Mobile to competition |
| Fundamentals | Socket Mobile | Peer Average |
| Return On Equity | -0.0753 | -0.31 |
| Return On Asset | -0.0574 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | (0.27) % | (5.51) % |
| Current Valuation | 15.42 M | 16.62 B |
| Shares Outstanding | 7.61 M | 571.82 M |
| Shares Owned By Insiders | 32.83 % | 10.09 % |
| Shares Owned By Institutions | 3.42 % | 39.21 % |
| Number Of Shares Shorted | 22.56 K | 4.71 M |
| Price To Earning | 4.99 X | 28.72 X |
| Price To Book | 0.64 X | 9.51 X |
| Price To Sales | 0.67 X | 11.42 X |
| Revenue | 17.03 M | 9.43 B |
| Gross Profit | 10.37 M | 27.38 B |
| EBITDA | (1.73 M) | 3.9 B |
| Net Income | (1.92 M) | 570.98 M |
| Cash And Equivalents | 5.59 M | 2.7 B |
| Cash Per Share | 0.78 X | 5.01 X |
| Total Debt | 6.28 M | 5.32 B |
| Debt To Equity | 0.27 % | 48.70 % |
| Current Ratio | 2.33 X | 2.16 X |
| Book Value Per Share | 2.36 X | 1.93 K |
| Cash Flow From Operations | 48.56 K | 971.22 M |
| Short Ratio | 0.24 X | 4.00 X |
| Earnings Per Share | (0.18) X | 3.12 X |
| Target Price | 1.25 | |
| Number Of Employees | 61 | 18.84 K |
| Beta | 0.84 | -0.15 |
| Market Capitalization | 11.03 M | 19.03 B |
| Total Asset | 28.74 M | 29.47 B |
| Retained Earnings | (47.93 M) | 9.33 B |
| Working Capital | 4.2 M | 1.48 B |
| Current Asset | 5.17 M | 9.34 B |
Note: Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.5288 subject to Rule 16b-3 [view details]
Socket Mobile Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Socket . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Socket Mobile Buy or Sell Advice
When is the right time to buy or sell Socket Mobile? Buying financial instruments such as Socket Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Socket Mobile 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 Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 48 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 Large Growth Funds Theme or any other thematic opportunities.
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Additional Tools for Socket Stock Analysis
When running Socket Mobile's price analysis, check to measure Socket Mobile'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 Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.