Insider Trading
TNON Stock | USD 3.75 2.77 282.65% |
About 57% of all Tenon Medical's investors are looking to take a long position. The analysis of overall sentiment of trading Tenon Medical stock suggests that some investors are interested at this time. Tenon Medical's investing sentiment overview a quick insight into current market opportunities from investing in Tenon Medical. Many technical investors use Tenon Medical stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Tenon |
Filed transaction by Tenon Medical Officer. Insider Public Trading
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Tenon Medical Fundamental Analysis
We analyze Tenon Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenon Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenon 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.
Current Valuation
Current Valuation Comparative Analysis
Tenon Medical is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Tenon 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 Tenon Medical stock to make a market-neutral strategy. Peer analysis of Tenon Medical could also be used in its relative valuation, which is a method of valuing Tenon Medical by comparing valuation metrics with similar companies.
Peers
Tenon Medical Related Equities
ASAPF | Aurora Spine | 13.04 | ||||
SSKN | STRATA Skin | 5.84 | ||||
AIMD | Ainos | 1.89 | ||||
BBLG | Bone Biologics | 1.18 | ||||
NPCE | Neuropace | 1.38 | ||||
MOVE | Movano | 1.94 | ||||
TIVC | Tivic Health | 5.87 | ||||
SGHT | Sight Sciences | 12.38 |
Check out Tenon Medical Hype Analysis, Tenon Medical Correlation and Tenon Medical Performance. To learn how to invest in Tenon Stock, please use our How to Invest in Tenon Medical guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenon Medical. If investors know Tenon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenon Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tenon Medical is measured differently than its book value, which is the value of Tenon that is recorded on the company's balance sheet. Investors also form their own opinion of Tenon Medical's value that differs from its market value or its book value, called intrinsic value, which is Tenon Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenon Medical's market value can be influenced by many factors that don't directly affect Tenon Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenon Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenon Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenon Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.