5 Top NASDAQ Biotech Stocks of 2024 - Nasdaq
| 3118 Stock | TWD 32.35 0.05 0.15% |
Slightly above 55% of Level Biotechnology's investor base is interested to short. The analysis of current outlook of investing in Level Biotechnology suggests that many traders are impartial regarding Level Biotechnology's prospects. Level Biotechnology's investing sentiment can be driven by a variety of factors including economic data, Level Biotechnology's earnings reports, geopolitical events, and overall market trends.
Level Biotechnology stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Level daily returns and investor perception about the current price of Level Biotechnology as well as its diversification or hedging effects on your existing portfolios.
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5 Top NASDAQ Biotech Stocks of 2024 Nasdaq
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Level Biotechnology Fundamental Analysis
We analyze Level Biotechnology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Level Biotechnology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Level Biotechnology 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.
EBITDA
EBITDA Comparative Analysis
Level Biotechnology is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Level Biotechnology 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 Level Biotechnology stock to make a market-neutral strategy. Peer analysis of Level Biotechnology could also be used in its relative valuation, which is a method of valuing Level Biotechnology by comparing valuation metrics with similar companies.
Peers
Level Biotechnology Related Equities
| 5344 | Vate Technology | 9.97 | ||||
| 1231 | Lian Hwa | 3.08 | ||||
| 3060 | Min Aik | 1.93 | ||||
| 2314 | Microelectronics | 1.83 | ||||
| 4130 | Genovate Biotechnology | 0.46 | ||||
| 4939 | Asia Electronic | 1.23 |
Additional Tools for Level Stock Analysis
When running Level Biotechnology's price analysis, check to measure Level Biotechnology'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 Level Biotechnology is operating at the current time. Most of Level Biotechnology's value examination focuses on studying past and present price action to predict the probability of Level Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Level Biotechnology's price. Additionally, you may evaluate how the addition of Level Biotechnology to your portfolios can decrease your overall portfolio volatility.