Domo Releases 12th Annual Data Never Sleeps Report
DOMO Stock | USD 7.06 0.07 0.98% |
About 56% of Domo's investor base is looking to short. The analysis of the overall prospects from investing in Domo Inc suggests that many traders are, at the present time, alarmed. Domo's investing sentiment overview a quick insight into current market opportunities from investing in Domo Inc. Many technical investors use Domo Inc stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Domo |
SILICON SLOPES, Utah, December 18, 2024--Today Domo unveiled its annually anticipated 12th edition of Data Never Sleeps, offering a unique snapshot of how digital habits manifest themselves minute by minute. The report shows the worlds internet population has reached a record high of 5.52B people and uncovers signs that AI may be unseating digital juggernauts as it brings in new forms of engagement. From streaming and shopping to the digital workplace, this years infographic cap
Read at finance.yahoo.com
Domo Inc Current Investor Sentiment
Panic Vs Confidence
44
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Domo's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Domo Inc.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Domo Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Domo can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Domo Fundamental Analysis
We analyze Domo's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Domo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Domo 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.
Cash Per Share
Cash Per Share Comparative Analysis
Domo is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Domo Inc 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 Domo stock to make a market-neutral strategy. Peer analysis of Domo could also be used in its relative valuation, which is a method of valuing Domo by comparing valuation metrics with similar companies.
Peers
Domo Related Equities
RSKD | Riskified | 2.78 | ||||
MITK | Mitek Systems | 1.69 | ||||
MNDY | MondayCom | 1.27 | ||||
FSLY | Fastly | 0.89 | ||||
DT | Dynatrace Holdings | 0.48 | ||||
PD | Pagerduty | 0.54 | ||||
ESTC | Elastic NV | 0.93 | ||||
RNG | Ringcentral | 0.96 | ||||
YMM | Full Truck | 1.15 | ||||
DDOG | Datadog | 1.34 | ||||
BILL | Bill | 2.69 |
Check out Domo Hype Analysis, Domo Correlation and Domo Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Application Software 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 Domo. If investors know Domo 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 Domo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.19) | Revenue Per Share 8.549 | Quarterly Revenue Growth (0.02) | Return On Assets (0.19) |
The market value of Domo Inc is measured differently than its book value, which is the value of Domo that is recorded on the company's balance sheet. Investors also form their own opinion of Domo's value that differs from its market value or its book value, called intrinsic value, which is Domo'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 Domo's market value can be influenced by many factors that don't directly affect Domo'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 Domo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Domo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Domo'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.