StockSnips AI-Powered Sentiment US All Cap ETF Short Interest Update
| NEWZ Etf | 29.70 0.22 0.74% |
Slightly above 62% of StockSnips' investor base is looking to short. The current sentiment regarding investing in StockSnips AI Powered Sentiment etf implies that many traders are alarmed. StockSnips' investing sentiment can be driven by a variety of factors including economic data, StockSnips' earnings reports, geopolitical events, and overall market trends.
StockSnips |
StockSnips AI-Powered Sentiment US All Cap ETF was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 13,600 shares, a growth of 312.1 percent from the October 31st total of 3,300 shares. Based on an average daily
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StockSnips Fundamental Analysis
We analyze StockSnips' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of StockSnips using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of StockSnips based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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
StockSnips is currently under evaluation in probability of bankruptcy as compared to similar ETFs. 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.
StockSnips AI Powered 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 StockSnips etf to make a market-neutral strategy. Peer analysis of StockSnips could also be used in its relative valuation, which is a method of valuing StockSnips by comparing valuation metrics with similar companies.
Peers
StockSnips Related Equities
| BBIN | JPMorgan BetaBuilders | 0.93 | ||||
| BBCA | JPMorgan BetaBuilders | 0.60 | ||||
| JCPB | JPMorgan Core | 0.36 | ||||
| JEMA | JPMorgan Emerging | 0.03 |
Check out StockSnips Hype Analysis, StockSnips Correlation and StockSnips Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of StockSnips AI Powered is measured differently than its book value, which is the value of StockSnips that is recorded on the company's balance sheet. Investors also form their own opinion of StockSnips' value that differs from its market value or its book value, called intrinsic value, which is StockSnips' 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 StockSnips' market value can be influenced by many factors that don't directly affect StockSnips' 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 StockSnips' value and its price as these two are different measures arrived at by different means. Investors typically determine if StockSnips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StockSnips' 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.