Neo Ivy Capital Management Takes 878,000 Position in Bio-Rad Laboratories, Inc. - MarketBeat
About 67% of BIO RAD's investor base is looking to short. The analysis of overall sentiment of trading BIO RAD LABORATORIES INC stock suggests that many investors are alarmed at this time. The current market sentiment, together with BIO RAD's historical and current headlines, can help investors time the market. In addition, many technical investors use BIO RAD LABORATORIES stock news signals to limit their universe of possible portfolio assets.
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Neo Ivy Capital Management Takes 878,000 Position in Bio-Rad Laboratories, Inc. MarketBeat
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BIO RAD Fundamental Analysis
We analyze BIO RAD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BIO RAD using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BIO RAD 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
BIO RAD is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
BIO RAD LABORATORIES 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 BIO RAD stock to make a market-neutral strategy. Peer analysis of BIO RAD could also be used in its relative valuation, which is a method of valuing BIO RAD by comparing valuation metrics with similar companies.
Peers
BIO RAD Related Equities
| CARA | Cara Therapeutic | 22.38 | ||||
| CVU | CPI Aerostructures | 3.86 | ||||
| NTDOY | Nintendo | 2.27 | ||||
| NAYA | NAYA Biosciences, | 1.62 | ||||
| MP | MP Materials | 1.35 | ||||
| PNFP | Pinnacle Financial | 0.59 | ||||
| ECCX | Eagle Point | 0.41 | ||||
| C | Citigroup | 0.22 | ||||
| DXPE | DXP Enterprises | 1.09 | ||||
| BDMDW | Baird Medical | 24.14 |
Check out Trending Equities 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 board of governors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Tools for BIO Stock
When running BIO RAD's price analysis, check to measure BIO RAD'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 BIO RAD is operating at the current time. Most of BIO RAD's value examination focuses on studying past and present price action to predict the probability of BIO RAD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIO RAD's price. Additionally, you may evaluate how the addition of BIO RAD to your portfolios can decrease your overall portfolio volatility.
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