Extreme Historical Valuation
| EXTR Stock | USD 16.03 0.37 2.36% |
Some fundamental drivers such as market cap or Extreme Networks enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Extreme Networks valuation indicators such as Enterprise Value of 1.1 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Extreme Networks's future value.
Extreme |
About Extreme Valuation Data Analysis
Valuation is the financial process of determining what Extreme Networks is worth. Extreme Networks valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Extreme Networks valuation ratios help investors to determine whether Extreme Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Extreme with respect to the benefits of owning Extreme Networks security.
Extreme Networks Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as Extreme Networks theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Extreme Networks debt, but would also pocket its cash. Enterprise Value is more accurate representation of Extreme Networks value than its market capitalization because it takes into account all of Extreme Networks existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with Extreme Networks
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extreme Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extreme Networks will appreciate offsetting losses from the drop in the long position's value.Moving together with Extreme Stock
| 0.61 | CSCO | Cisco Systems Aggressive Push | PairCorr |
Moving against Extreme Stock
| 0.44 | CDW | CDW Corp | PairCorr |
| 0.37 | TER | Teradyne | PairCorr |
| 0.37 | ACLS | Axcelis Technologies | PairCorr |
| 0.37 | AEHR | Aehr Test Systems | PairCorr |
| 0.35 | ASYS | Amtech Systems Fiscal Year End 12th of December 2024 | PairCorr |
The ability to find closely correlated positions to Extreme Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extreme Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extreme Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extreme Networks to buy it.
The correlation of Extreme Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extreme Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extreme Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extreme Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Extreme Stock Analysis
When running Extreme Networks' price analysis, check to measure Extreme Networks' 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 Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.