Zynex Announces Completion of Its Laser Pulse Oximetry Trial
ZYXI Stock | USD 8.07 0.15 1.82% |
Under 75% of Zynex's investor base is looking to short. The analysis of overall sentiment of trading Zynex Inc stock suggests that many investors are alarmed at this time. Zynex's investing sentiment shows overall attitude of investors towards Zynex Inc.
Zynex |
Zynex, Inc. , an innovative medical technology company specializing in the manufacture and sale of noninvasive medical devices for pain management, rehabilitation, and patient monitoring, today announced that it has completed its clinical verification trial for their NiCO pulse oximeter overseen by anesthesiologist Dr. David MacLeod at Duke University.
Read at finance.yahoo.com
Zynex Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Zynex 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.
Zynex Fundamental Analysis
We analyze Zynex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zynex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zynex 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 Asset
Return On Asset Comparative Analysis
Zynex is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Zynex 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 Zynex stock to make a market-neutral strategy. Peer analysis of Zynex could also be used in its relative valuation, which is a method of valuing Zynex by comparing valuation metrics with similar companies.
Peers
Zynex Related Equities
OMI | Owens Minor | 1.27 | ||||
MCK | McKesson | 0.41 | ||||
CAH | Cardinal Health | 0.41 | ||||
PDCO | Patterson Companies | 0.13 | ||||
HSIC | Henry Schein | 0.07 | ||||
EDAP | EDAP TMS | 1.35 |
Complementary Tools for Zynex Stock analysis
When running Zynex's price analysis, check to measure Zynex'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 Zynex is operating at the current time. Most of Zynex's value examination focuses on studying past and present price action to predict the probability of Zynex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zynex's price. Additionally, you may evaluate how the addition of Zynex to your portfolios can decrease your overall portfolio volatility.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |