Insider Trading
Slightly above 67% of Shockwave Medical's investor base is looking to short. The analysis of current outlook of investing in Shockwave Medical suggests that many traders are alarmed regarding Shockwave Medical's prospects. Shockwave Medical's investing sentiment can be driven by a variety of factors including economic data, Shockwave Medical's earnings reports, geopolitical events, and overall market trends.
Shockwave |
Filed transaction by Shockwave Medical Officer. Insider Public Trading
Read at macroaxis.com
Shockwave Medical Fundamental Analysis
We analyze Shockwave Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shockwave Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shockwave Medical 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
Shockwave Medical 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.
Shockwave Medical 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 Shockwave Medical stock to make a market-neutral strategy. Peer analysis of Shockwave Medical could also be used in its relative valuation, which is a method of valuing Shockwave Medical by comparing valuation metrics with similar companies.
Peers
Shockwave Medical Related Equities
| OM | Outset Medical | 4.38 | ||||
| PODD | Insulet | 2.13 | ||||
| DXCM | DexCom | 2.06 | ||||
| ALGN | Align Technology | 1.46 | ||||
| EW | Edwards Lifesciences | 1.26 | ||||
| MASI | Masimo | 1.08 | ||||
| SYK | Stryker | 0.85 | ||||
| TMDX | TransMedics | 0.70 | ||||
| INSP | Inspire Medical | 0.80 | ||||
| PEN | Penumbra | 1.06 | ||||
| TNDM | Tandem Diabetes | 1.79 | ||||
| CLPT | Clearpoint Neuro | 1.81 |
Check out World Market Map 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 nation. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Shockwave Stock
If you are still planning to invest in Shockwave Medical 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 Shockwave Medical's history and understand the potential risks before investing.
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