Is Applied Therapeutics Outperforming Other Medical Stocks This Year?
AXNXDelisted Stock | USD 70.98 0.48 0.68% |
Slightly above 52% of Axonics Modulation's investor base is interested to short. The analysis of overall sentiment of trading Axonics Modulation Technologies stock suggests that many investors are impartial at this time. Axonics Modulation's investing sentiment can be driven by a variety of factors including economic data, Axonics Modulation's earnings reports, geopolitical events, and overall market trends.
Axonics |
Here is how Applied Therapeutics Inc. and Axonics Modulation Technologies have performed compared to their sector so far this year.
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Axonics Modulation Fundamental Analysis
We analyze Axonics Modulation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axonics Modulation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axonics Modulation 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.
Net Asset
Net Asset Comparative Analysis
Axonics Modulation is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Axonics Modulation 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 Axonics Modulation stock to make a market-neutral strategy. Peer analysis of Axonics Modulation could also be used in its relative valuation, which is a method of valuing Axonics Modulation by comparing valuation metrics with similar companies.
Peers
Axonics Modulation Related Equities
NPCE | Neuropace | 3.41 | ||||
NNOX | Nano X | 2.87 | ||||
LUNG | Pulmonx Corp | 2.38 | ||||
KIDS | Orthopediatrics Corp | 2.32 | ||||
SIBN | Si Bone | 2.19 | ||||
OFIX | Orthofix Medical | 2.09 | ||||
CNMD | CONMED | 1.20 | ||||
MGRM | Monogram Orthopaedics | 1.00 | ||||
GKOS | Glaukos Corp | 0.67 | ||||
MDT | Medtronic PLC | 0.31 | ||||
IART | Integra LifeSciences | 0.16 | ||||
LIVN | LivaNova PLC | 0.04 | ||||
ITGR | Integer Holdings | 0.21 | ||||
BRKR | Bruker | 0.74 | ||||
IRTC | IRhythm Technologies | 2.30 |
Check out Trending Equities 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 board of governors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Axonics Stock
If you are still planning to invest in Axonics Modulation 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 Axonics Modulation's history and understand the potential risks before investing.
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