Disposition of 6250 shares by Gomo Steven J of SANDISK P at 58.93 subject to Rule 16b-3
SNDK Stock | 41.65 0.86 2.02% |
About 61% of Sandisk Corp's investor base is looking to short. The analysis of overall sentiment of trading Sandisk Corp stock suggests that many investors are alarmed at this time. Sandisk Corp's investing sentiment shows overall attitude of investors towards Sandisk Corp.
Filed transaction by SANDISK P Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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Sandisk Corp Fundamental Analysis
We analyze Sandisk Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sandisk Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sandisk Corp 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 Ratio
Current Ratio Comparative Analysis
Sandisk Corp is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Sandisk Corp 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 Sandisk Corp stock to make a market-neutral strategy. Peer analysis of Sandisk Corp could also be used in its relative valuation, which is a method of valuing Sandisk Corp by comparing valuation metrics with similar companies.
Peers
Sandisk Corp Related Equities
TFII | TFI International | 2.47 | ||||
ALK | Alaska Air | 1.18 | ||||
ALGT | Allegiant Travel | 0.66 | ||||
VLRS | Volaris | 0.54 | ||||
NSC | Norfolk Southern | 0.41 | ||||
RYAAY | Ryanair Holdings | 0.33 | ||||
BEDU | Bright Scholar | 1.73 |
Check out Sandisk Corp Hype Analysis, Sandisk Corp Correlation and Sandisk Corp Performance. For more information on how to buy Sandisk Stock please use our How to buy in Sandisk Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Computers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sandisk Corp. If investors know Sandisk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sandisk Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sandisk Corp is measured differently than its book value, which is the value of Sandisk that is recorded on the company's balance sheet. Investors also form their own opinion of Sandisk Corp's value that differs from its market value or its book value, called intrinsic value, which is Sandisk Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sandisk Corp's market value can be influenced by many factors that don't directly affect Sandisk Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sandisk Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sandisk Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sandisk Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.