Wix.com Outperforms Broader Market What You Need to Know
| WIX Stock | USD 155.05 0.34 0.22% |
Slightly above 55% of WixCom's investor base is interested to short. The analysis of the overall prospects from investing in WixCom suggests that many traders are, at the present time, impartial. WixCom's investing sentiment can be driven by a variety of factors including economic data, WixCom's earnings reports, geopolitical events, and overall market trends.
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WixCom Fundamental Analysis
We analyze WixCom's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WixCom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WixCom 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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
WixCom is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
WixCom 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 WixCom stock to make a market-neutral strategy. Peer analysis of WixCom could also be used in its relative valuation, which is a method of valuing WixCom by comparing valuation metrics with similar companies.
Peers
WixCom Related Equities
| OKTA | Okta | 3.62 | ||||
| HUBS | HubSpot | 2.61 | ||||
| S | SentinelOne | 1.64 | ||||
| APPN | Appian Corp | 1.30 | ||||
| MDB | MongoDB | 1.23 | ||||
| ZS | Zscaler | 0.85 | ||||
| CYBR | CyberArk Software | 0.55 | ||||
| FVRR | Fiverr International | 0.43 |
Additional Tools for WixCom Stock Analysis
When running WixCom's price analysis, check to measure WixCom'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 WixCom is operating at the current time. Most of WixCom's value examination focuses on studying past and present price action to predict the probability of WixCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WixCom's price. Additionally, you may evaluate how the addition of WixCom to your portfolios can decrease your overall portfolio volatility.