Acquisition by George Macricostas of 109830 shares of Photronics subject to Rule 16b-3
| PLAB Stock | USD 19.74 0.22 1.10% |
About 62% of Photronics' investor base is looking to short. The analysis of overall sentiment of trading Photronics stock suggests that many investors are alarmed at this time. The current market sentiment, together with Photronics' historical and current headlines, can help investors time the market. In addition, many technical investors use Photronics stock news signals to limit their universe of possible portfolio assets.
Photronics | Build AI portfolio with Photronics Stock |
Filed transaction by Photronics Officer: Ceo. Grant, award or other acquisition pursuant to Rule 16b-3(d)
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Photronics Fundamental Analysis
We analyze Photronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Photronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Photronics 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.
Beta
Beta Comparative Analysis
Photronics is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Photronics 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 Photronics stock to make a market-neutral strategy. Peer analysis of Photronics could also be used in its relative valuation, which is a method of valuing Photronics by comparing valuation metrics with similar companies.
Peers
Photronics Related Equities
| UCTT | Ultra Clean | 4.48 | ||||
| ACLS | Axcelis Technologies | 3.10 | ||||
| IPGP | IPG Photonics | 2.98 | ||||
| ASYS | Amtech Systems | 1.81 | ||||
| KLIC | Kulicke | 1.67 | ||||
| LRCX | Lam Research | 1.76 | ||||
| COHU | Cohu | 2.12 | ||||
| ONTO | Onto Innovation | 2.52 | ||||
| ENTG | Entegris | 2.62 | ||||
| AXTI | AXT | 2.84 | ||||
| AEHR | Aehr Test | 2.89 | ||||
| NVMI | Nova | 3.40 | ||||
| KLAC | KLA Tencor | 3.52 | ||||
| VECO | Veeco Instruments | 3.72 | ||||
| ICHR | Ichor Holdings | 30.19 |
Complementary Tools for Photronics Stock analysis
When running Photronics' price analysis, check to measure Photronics' 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 Photronics is operating at the current time. Most of Photronics' value examination focuses on studying past and present price action to predict the probability of Photronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photronics' price. Additionally, you may evaluate how the addition of Photronics to your portfolios can decrease your overall portfolio volatility.
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