Boston Scientific target raised, added to Tactical Outperform list at Evercore - TipRanks
| BSX Stock | EUR 87.00 1.50 1.69% |
Roughly 61% of Boston Scientific's investor base is looking to short. The analysis of current outlook of investing in Boston Scientific suggests that many traders are alarmed regarding Boston Scientific's prospects. The current market sentiment, together with Boston Scientific's historical and current headlines, can help investors time the market. In addition, many technical investors use Boston Scientific stock news signals to limit their universe of possible portfolio assets.
Boston Scientific stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Boston daily returns and investor perception about the current price of Boston Scientific as well as its diversification or hedging effects on your existing portfolios.
Boston |
Boston Scientific target raised, added to Tactical Outperform list at Evercore TipRanks
Read at news.google.com
 |
Boston Scientific Fundamental Analysis
We analyze Boston Scientific's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boston Scientific using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boston Scientific 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.
Current Ratio
Current Ratio Comparative Analysis
Boston Scientific is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Boston Scientific 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 Boston Scientific stock to make a market-neutral strategy. Peer analysis of Boston Scientific could also be used in its relative valuation, which is a method of valuing Boston Scientific by comparing valuation metrics with similar companies.
Peers
Boston Scientific Related Equities
| 2M6 | Medtronic PLC | 3.33 | ||||
| BOX | Becton Dickinson | 2.63 | ||||
| ABL | Abbott Laboratories | 0.22 | ||||
| EWL | Edwards Lifesciences | 0.81 | ||||
| SYK | Stryker | 0.84 |
Complementary Tools for Boston Stock analysis
When running Boston Scientific's price analysis, check to measure Boston Scientific'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 Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |