Fulgent Genetics, Inc. Short Interest Update - MarketBeat
| FLGT Stock | USD 18.85 0.10 0.53% |
Slightly above 61% of Fulgent Genetics' investor base is looking to short. The analysis of overall sentiment of trading Fulgent Genetics stock suggests that many investors are alarmed at this time. Fulgent Genetics' investing sentiment can be driven by a variety of factors including economic data, Fulgent Genetics' earnings reports, geopolitical events, and overall market trends.
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Fulgent Genetics, Inc. Short Interest Update MarketBeat
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Fulgent Genetics Fundamental Analysis
We analyze Fulgent Genetics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fulgent Genetics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fulgent Genetics 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.
Beta
Beta Comparative Analysis
Fulgent Genetics is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Fulgent Genetics 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 Fulgent Genetics stock to make a market-neutral strategy. Peer analysis of Fulgent Genetics could also be used in its relative valuation, which is a method of valuing Fulgent Genetics by comparing valuation metrics with similar companies.
Peers
Fulgent Genetics Related Equities
| CDNA | Caredx | 5.63 | ||||
| NTRA | Natera | 3.64 | ||||
| GH | Guardant Health | 1.22 | ||||
| ILMN | Illumina | 0.43 | ||||
| TMO | Thermo Fisher | 0.13 | ||||
| A | Agilent Technologies | 0.30 | ||||
| DHR | Danaher | 0.42 | ||||
| MTD | Mettler Toledo | 0.68 | ||||
| EXAS | EXACT Sciences | 0.74 | ||||
| WAT | Waters | 0.75 | ||||
| CRL | Charles River | 0.97 | ||||
| TWST | Twist Bioscience | 1.10 | ||||
| TTOO | T2 Biosystms | 12.20 |
Additional Tools for Fulgent Stock Analysis
When running Fulgent Genetics' price analysis, check to measure Fulgent Genetics' 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 Fulgent Genetics is operating at the current time. Most of Fulgent Genetics' value examination focuses on studying past and present price action to predict the probability of Fulgent Genetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulgent Genetics' price. Additionally, you may evaluate how the addition of Fulgent Genetics to your portfolios can decrease your overall portfolio volatility.