Based on the measurements of operating efficiency obtained from Sobr Safe's historical financial statements, Sobr Safe is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, Sobr Safe's Cash And Short Term Investments are relatively stable compared to the past year. As of 12/02/2024, Common Stock Shares Outstanding is likely to grow to about 19.1 M, though Retained Earnings are likely to grow to (83.4 M). Key indicators impacting Sobr Safe's financial strength include:
The essential information of the day-to-day investment outlook for Sobr Safe includes many different criteria found on its balance sheet. An individual investor should monitor Sobr Safe's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sobr Safe.
Sobr Safe competes with Mind Technology, Cepton, SaverOne 2014, Fortive Corp, and Novanta. SOBR Safe, Inc. develops non-invasive alcohol detection and identity verification systems. The company was founded in 2004 and is based in Greenwood Village, Colorado. Sobr Safe operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 9 people.
Specialization
Information Technology, Scientific & Technical Instruments
The reason investors look at the income statement is to determine what Sobr Safe's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Sobr Safe's current stock value. Our valuation model uses many indicators to compare Sobr Safe value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sobr Safe competition to find correlations between indicators driving Sobr Safe's intrinsic value. More Info.
Sobr Safe is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Sobr Safe's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sobr Safe by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Sobr Safe Systematic Risk
Sobr Safe's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sobr Safe volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Sobr Safe correlated with the market. If Beta is less than 0 Sobr Safe generally moves in the opposite direction as compared to the market. If Sobr Safe Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sobr Safe is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sobr Safe is generally in the same direction as the market. If Beta > 1 Sobr Safe moves generally in the same direction as, but more than the movement of the benchmark.
Sobr Safe Thematic Clasifications
Sobr Safe is part of Printing and Publishing investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Printing and Publishing industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Printing and Publishing industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Sobr Safe Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sobr Safe's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sobr Safe growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Sobr Safe help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sobr Safe. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sobr Safe based on widely used predictive technical indicators. In general, we focus on analyzing Sobr Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sobr Safe's daily price indicators and compare them against related drivers.
When running Sobr Safe's price analysis, check to measure Sobr Safe'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 Sobr Safe is operating at the current time. Most of Sobr Safe's value examination focuses on studying past and present price action to predict the probability of Sobr Safe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sobr Safe's price. Additionally, you may evaluate how the addition of Sobr Safe to your portfolios can decrease your overall portfolio volatility.