BICO Group AB 2023 Q4 - Results - Earnings Call Presentation - Seeking Alpha
| BICO Stock | 32.66 0.96 2.86% |
Slightly above 62% of BICO Group's investor base is looking to short. The analysis of current outlook of investing in BICO Group AB suggests that many traders are alarmed regarding BICO Group's prospects. BICO Group's investing sentiment can be driven by a variety of factors including economic data, BICO Group's earnings reports, geopolitical events, and overall market trends.
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BICO Group AB 2023 Q4 - Results - Earnings Call Presentation Seeking Alpha
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BICO Group Fundamental Analysis
We analyze BICO Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BICO Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BICO Group 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.
Z Score
Z Score Comparative Analysis
BICO Group is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
BICO Group AB 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 BICO Group stock to make a market-neutral strategy. Peer analysis of BICO Group could also be used in its relative valuation, which is a method of valuing BICO Group by comparing valuation metrics with similar companies.
Peers
BICO Group Related Equities
| HTRO | Hexatronic Group | 0.35 | ||||
| SINCH | Sinch AB | 0.15 | ||||
| SUS | Surgical Science | 0.47 | ||||
| EMBRAC-B | Embracer Group | 0.62 | ||||
| SBB-B | SBB-B | 9.18 |
Additional Tools for BICO Stock Analysis
When running BICO Group's price analysis, check to measure BICO Group'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 BICO Group is operating at the current time. Most of BICO Group's value examination focuses on studying past and present price action to predict the probability of BICO Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BICO Group's price. Additionally, you may evaluate how the addition of BICO Group to your portfolios can decrease your overall portfolio volatility.