Biotricity, Inc. Could Be Riskier Than It Looks
Slightly above 67% of Biotricity's investor base is looking to short. The analysis of overall sentiment of trading Biotricity stock suggests that many investors are alarmed at this time. Biotricity's investing sentiment can be driven by a variety of factors including economic data, Biotricity's earnings reports, geopolitical events, and overall market trends.
Biotricity |
With a median price-to-sales ratio of close to 2.1x in the Healthcare Services industry in the United...
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Biotricity Fundamental Analysis
We analyze Biotricity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Biotricity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Biotricity 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.
Shares Outstanding
Shares Outstanding Comparative Analysis
Biotricity is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Biotricity 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 Biotricity stock to make a market-neutral strategy. Peer analysis of Biotricity could also be used in its relative valuation, which is a method of valuing Biotricity by comparing valuation metrics with similar companies.
Peers
Biotricity Related Equities
NARI | Inari Medical | 22.23 | ||||
BMRA | Biomerica | 5.88 | ||||
CVRX | CVRx | 5.35 | ||||
MOVE | Movano | 4.15 | ||||
BJDX | Bluejay Diagnostics | 3.22 | ||||
MXCT | MaxCyte | 1.86 | ||||
TELA | Tela Bio | 0.35 | ||||
NVNO | EnVVeno Medical | 1.45 | ||||
NSYS | Nortech Systems | 1.56 | ||||
SRDX | SurModics | 1.84 | ||||
CLPT | Clearpoint Neuro | 1.97 | ||||
HSCS | Heart Test | 2.19 | ||||
DCTH | Delcath Systems | 2.84 | ||||
MODD | Modular Medical | 3.45 | ||||
BBLG | Bone Biologics | 4.35 | ||||
PAVM | PAVmed | 4.48 | ||||
BSGM | BioSig Technologies, | 5.52 | ||||
AIMD | Ainos | 19.51 |
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 main economic indicators. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Biotricity Stock
If you are still planning to invest in Biotricity check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Biotricity's history and understand the potential risks before investing.
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