You can employ fundamental analysis to find out if Nimble Storage is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We found twenty-nine available fundamentals for Nimble Storage which can be compared to its peers in the industry. To make sure the equity is not overpriced, please verify all Nimble Storage fundamentals including its Price to Sales, Cash Flow from Operations, Current Asset, as well as the relationship between Cash and Equivalents and Market Capitalization . Given that Nimble Storage has Number of Shares Shorted of 3.96 M, we recommend you check Nimble Storage last-minute market performance to make sure the company can sustain itself down the road.Use Nimble Storage to protect against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Nimble Storage to be traded at $12.37 in 30 days
Nimble Storage is rated below average in profit margin category among related companies. It is rated below average in cash per share category among related companies .
Nimble Storage Systematic Risk
The output start index for this execution was eight with a total number of output elements of nine. The Beta measures systematic risk based on how returns on Nimble Storage correlated with the market. If Beta is less than 0 Nimble Storage generally moves in the opposite direction as compared to the market. If Nimble Storage Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nimble Storage is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nimble Storage is generally in the same direction as the market. If Beta > 1 Nimble Storage moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.
Nimble Storage Financial Distress Probability
Chance of Financial Distress
Nimble Storage has more than 73 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info