Similarweb Ltd Trading Down 4.16 percent on Dec 27

SMWB Stock  USD 14.38  0.29  1.98%   
About 62% of SimilarWeb's investor base is looking to short. The analysis of the overall prospects from investing in SimilarWeb suggests that many traders are, at the present time, alarmed. The current market sentiment, together with SimilarWeb's historical and current headlines, can help investors time the market. In addition, many technical investors use SimilarWeb stock news signals to limit their universe of possible portfolio assets.
  
Shares of Similarweb Ltd fell 4.16 percent in mid-day trading on Dec 27. The stock reached an intraday low of 13.84, before recovering slightly to 14.06,

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SimilarWeb Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards SimilarWeb 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.

SimilarWeb Fundamental Analysis

We analyze SimilarWeb's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SimilarWeb using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SimilarWeb 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.

EBITDA

EBITDA Comparative Analysis

SimilarWeb is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

SimilarWeb 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 SimilarWeb stock to make a market-neutral strategy. Peer analysis of SimilarWeb could also be used in its relative valuation, which is a method of valuing SimilarWeb by comparing valuation metrics with similar companies.

Peers

SimilarWeb Related Equities

MNDYMondayCom   0.85   
16.0%
DDOGDatadog   1.06   
21.0%
PYCRPaycor HCM   1.35   
26.0%
TEAMAtlassian Corp   1.62   
32.0%
RSKDRiskified   1.66   
33.0%
CWANClearwater Analytics   1.93   
38.0%
BILLBill   2.28   
45.0%
OLOOlo   2.30   
45.0%
SEMRSemrush Holdings   2.92   
58.0%
GTLBGitlab   2.96   
58.0%
LAWCS Disco   3.09   
61.0%
EXFYExpensify   4.41   
87.0%
ASANAsana   5.02   
100.0%

Complementary Tools for SimilarWeb Stock analysis

When running SimilarWeb's price analysis, check to measure SimilarWeb'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 SimilarWeb is operating at the current time. Most of SimilarWeb's value examination focuses on studying past and present price action to predict the probability of SimilarWeb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SimilarWeb's price. Additionally, you may evaluate how the addition of SimilarWeb to your portfolios can decrease your overall portfolio volatility.
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