Disposition of 2511 shares by Russell Elmer of ServiceNow at 1012.09 subject to Rule 16b-3
| N1OW34 Stock | BRL 91.48 2.52 2.68% |
About 62% of ServiceNow's investor base is looking to short. The analysis of current outlook of investing in ServiceNow suggests that many traders are alarmed regarding ServiceNow's prospects. The current market sentiment, together with ServiceNow's historical and current headlines, can help investors time the market. In addition, many technical investors use ServiceNow stock news signals to limit their universe of possible portfolio assets.
ServiceNow |
Filed transaction by ServiceNow Officer: General Counsel. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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ServiceNow Fundamental Analysis
We analyze ServiceNow's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ServiceNow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ServiceNow 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.
Return On Asset
Return On Asset Comparative Analysis
ServiceNow is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
ServiceNow 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 ServiceNow stock to make a market-neutral strategy. Peer analysis of ServiceNow could also be used in its relative valuation, which is a method of valuing ServiceNow by comparing valuation metrics with similar companies.
Peers
ServiceNow Related Equities
| TRAD3 | TC Traders | 17.49 | ||||
| A1IV34 | Apartment Investment | 0.67 | ||||
| LEVE3 | MAHLE Metal | 0.28 | ||||
| M1NS34 | Monster Beverage | 0.33 | ||||
| Z1OM34 | Zoom Video | 1.98 | ||||
| SSFO34 | Salesforce | 2.37 |
Complementary Tools for ServiceNow Stock analysis
When running ServiceNow's price analysis, check to measure ServiceNow'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 ServiceNow is operating at the current time. Most of ServiceNow's value examination focuses on studying past and present price action to predict the probability of ServiceNow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServiceNow's price. Additionally, you may evaluate how the addition of ServiceNow to your portfolios can decrease your overall portfolio volatility.
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