Is Socket Mobile Stock a Good Investment?
Socket Mobile Investment Advice | SCKT |
- Examine Socket Mobile's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Socket Mobile's leadership team and their track record. Good management can help Socket Mobile navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Computers space and any emerging trends that could impact Socket Mobile's business and its evolving consumer preferences.
- Compare Socket Mobile's performance and market position to its competitors. Analyze how Socket Mobile is positioned in terms of product offerings, innovation, and market share.
- Check if Socket Mobile pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Socket Mobile's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Socket Mobile stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Socket Mobile is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Socket Mobile Stock
Researching Socket Mobile's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 33.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.61. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Socket Mobile recorded a loss per share of 0.18. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 24th of October 2008.
To determine if Socket Mobile is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Socket Mobile's research are outlined below:
Socket Mobile may become a speculative penny stock | |
Socket Mobile had very high historical volatility over the last 90 days | |
Socket Mobile has high likelihood to experience some financial distress in the next 2 years | |
The company reported the previous year's revenue of 17.03 M. Net Loss for the year was (1.92 M) with profit before overhead, payroll, taxes, and interest of 10.37 M. | |
About 33.0% of the company outstanding shares are owned by corporate insiders |
Socket Mobile uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Socket Mobile. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Socket Mobile's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
28th of February 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View |
Socket Mobile's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.03 M.Socket Mobile's profitablity analysis
The company has Profit Margin (PM) of (0.07) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.27) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.27.Determining Socket Mobile's profitability involves analyzing its financial statements and using various financial metrics to determine if Socket Mobile is a good buy. For example, gross profit margin measures Socket Mobile's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Socket Mobile's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Socket Mobile's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Socket Mobile. Check Socket Mobile's Beneish M Score to see the likelihood of Socket Mobile's management manipulating its earnings.
Basic technical analysis of Socket Stock
As of the 8th of December, Socket Mobile has the Coefficient Of Variation of 929.38, risk adjusted performance of 0.0878, and Semi Deviation of 3.0. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Socket Mobile, as well as the relationship between them.Socket Mobile's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Socket Mobile insiders, such as employees or executives, is commonly permitted as long as it does not rely on Socket Mobile's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Socket Mobile insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Socket Mobile's Outstanding Corporate Bonds
Socket Mobile issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Socket Mobile uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Socket bonds can be classified according to their maturity, which is the date when Socket Mobile has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
SOCGEN 425 14 APR 25 Corp BondUS83367TBJ79 | View | |
SOCGEN 5625 24 NOV 45 Corp BondUS83367TBT51 | View | |
SOCGEN 475 24 NOV 25 Corp BondUS83367TBR95 | View | |
SOCGEN 4 12 JAN 27 Corp BondUS83368RAK86 | View | |
SOCGEN 475 14 SEP 28 Corp BondUS83368RAM43 | View | |
SOCGEN 3 22 JAN 30 Corp BondUS83368RAW25 | View | |
SOCGEN 2625 22 JAN 25 Corp BondUS83368RAV42 | View | |
SOCGEN 3653 08 JUL 35 Corp BondUS83368RAY80 | View |
Understand Socket Mobile's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Socket Mobile's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
Risk Adjusted Performance | 0.0878 | |||
Market Risk Adjusted Performance | (0.71) | |||
Mean Deviation | 2.27 | |||
Semi Deviation | 3.0 | |||
Downside Deviation | 3.73 | |||
Coefficient Of Variation | 929.38 | |||
Standard Deviation | 3.89 | |||
Variance | 15.17 | |||
Information Ratio | 0.0714 | |||
Jensen Alpha | 0.483 | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | 0.0746 | |||
Treynor Ratio | (0.72) | |||
Maximum Drawdown | 26.4 | |||
Value At Risk | (4.76) | |||
Potential Upside | 5.93 | |||
Downside Variance | 13.93 | |||
Semi Variance | 8.99 | |||
Expected Short fall | (2.87) | |||
Skewness | 1.24 | |||
Kurtosis | 6.64 |
Risk Adjusted Performance | 0.0878 | |||
Market Risk Adjusted Performance | (0.71) | |||
Mean Deviation | 2.27 | |||
Semi Deviation | 3.0 | |||
Downside Deviation | 3.73 | |||
Coefficient Of Variation | 929.38 | |||
Standard Deviation | 3.89 | |||
Variance | 15.17 | |||
Information Ratio | 0.0714 | |||
Jensen Alpha | 0.483 | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | 0.0746 | |||
Treynor Ratio | (0.72) | |||
Maximum Drawdown | 26.4 | |||
Value At Risk | (4.76) | |||
Potential Upside | 5.93 | |||
Downside Variance | 13.93 | |||
Semi Variance | 8.99 | |||
Expected Short fall | (2.87) | |||
Skewness | 1.24 | |||
Kurtosis | 6.64 |
Consider Socket Mobile's intraday indicators
Socket Mobile intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Socket Mobile stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Socket Mobile time-series forecasting models is one of many Socket Mobile's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Socket Mobile's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Socket Stock media impact
Far too much social signal, news, headlines, and media speculation about Socket Mobile that are available to investors today. That information is available publicly through Socket media outlets and privately through word of mouth or via Socket internal channels. However, regardless of the origin, that massive amount of Socket data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Socket Mobile news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Socket Mobile relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Socket Mobile's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Socket Mobile alpha.
Socket Mobile Corporate Management
Eric Glaenzer | VP Officer | Profile | |
Leonard Ott | Chief Technical Officer and VP of Engineering | Profile | |
David Holmes | Chief Officer | Profile | |
Flora Chu | General Counsel | Profile |
Additional Tools for Socket Stock Analysis
When running Socket Mobile's price analysis, check to measure Socket Mobile'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 Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.