Disposition of 2083 shares by Kari Keese of Axonics Modulation subject to Rule 16b-3
Slightly above 67% of Axonics Modulation's investor base is looking to short. The analysis of current outlook of investing in Axonics Modulation Technologies suggests that many traders are alarmed regarding Axonics Modulation's prospects. Axonics Modulation's investing sentiment can be driven by a variety of factors including economic data, Axonics Modulation's earnings reports, geopolitical events, and overall market trends.
Axonics |
Filed transaction by Axonics Modulation Technologies Officer Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Read at macroaxis.com
Axonics Modulation Fundamental Analysis
We analyze Axonics Modulation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axonics Modulation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axonics Modulation 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.
Current Valuation
Current Valuation Comparative Analysis
Axonics Modulation is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Axonics Modulation 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 Axonics Modulation stock to make a market-neutral strategy. Peer analysis of Axonics Modulation could also be used in its relative valuation, which is a method of valuing Axonics Modulation by comparing valuation metrics with similar companies.
Peers
Axonics Modulation Related Equities
LIVN | LivaNova PLC | 3.96 | ||||
NNOX | Nano X | 3.26 | ||||
SIBN | Si Bone | 2.93 | ||||
LUNG | Pulmonx Corp | 2.48 | ||||
CNMD | CONMED | 2.28 | ||||
IART | Integra LifeSciences | 2.03 | ||||
GKOS | Glaukos Corp | 1.56 | ||||
MGRM | Monogram Orthopaedics | 1.48 | ||||
OFIX | Orthofix Medical | 0.74 | ||||
KIDS | Orthopediatrics Corp | 0.69 | ||||
MDT | Medtronic PLC | 0.34 | ||||
ITGR | Integer Holdings | 0.29 | ||||
IRTC | IRhythm Technologies | 0.01 | ||||
NPCE | Neuropace | 0.67 | ||||
BRKR | Bruker | 8.61 |
Check out Trending Equities 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 board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Axonics Stock
If you are still planning to invest in Axonics Modulation 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 Axonics Modulation's history and understand the potential risks before investing.
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Transaction History View history of all your transactions and understand their impact on performance | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |