Surgalign Announces First Quarter 2023 Results and Provides Update on its Business Operations
SRGADelisted Stock | USD 0.04 0 12.54% |
About 56% of all Surgalign Holdings' investors are looking to take a long position. The analysis of current outlook of investing in Surgalign Holdings suggests that some traders are interested regarding Surgalign Holdings' prospects. The current market sentiment, together with Surgalign Holdings' historical and current headlines, can help investors time the market. In addition, many technical investors use Surgalign Holdings stock news signals to limit their universe of possible portfolio assets.
Surgalign |
DEERFIELD, Ill., May 11, 2023 Surgalign Holdings, Inc., a global medical technology company focused on elevating the...
Read at globenewswire.com
Surgalign Holdings Fundamental Analysis
We analyze Surgalign Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Surgalign Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Surgalign Holdings 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.
Return On Equity
Return On Equity Comparative Analysis
Surgalign Holdings is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Surgalign Holdings 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 Surgalign Holdings stock to make a market-neutral strategy. Peer analysis of Surgalign Holdings could also be used in its relative valuation, which is a method of valuing Surgalign Holdings by comparing valuation metrics with similar companies.
Peers
Surgalign Holdings Related Equities
BVS | Bioventus | 3.26 | ||||
CVRX | CVRx | 2.26 | ||||
ESTA | Establishment Labs | 2.17 | ||||
FNA | Paragon 28 | 1.86 | ||||
AVNS | Avanos Medical | 0.06 | ||||
HSCS | Heart Test | 0.00 | ||||
SRDX | SurModics | 0.00 | ||||
SIBN | Si Bone | 0.00 | ||||
BMRA | Biomerica | 0.32 | ||||
TIVC | Tivic Health | 0.45 | ||||
APYX | Apyx Medical | 0.59 | ||||
OFIX | Orthofix Medical | 0.72 | ||||
HYPR | Hyperfine | 0.99 | ||||
MOVE | Movano | 1.67 | ||||
AXGN | Axogen | 1.73 | ||||
BBLG | Bone Biologics | 1.75 | ||||
AXDX | Accelerate Diagnostics | 2.96 | ||||
INGN | Inogen | 3.34 | ||||
AIMD | Ainos | 6.38 |
Check out World Market Map 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 price. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Surgalign Stock
If you are still planning to invest in Surgalign Holdings 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 Surgalign Holdings' history and understand the potential risks before investing.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Transaction History View history of all your transactions and understand their impact on performance | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |