Socket Mobile Stock Analysis

Socket Stock Analysis Notes

About 26.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.42. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Socket Mobile recorded a loss per share of 0.27. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 24th of October 2008. Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Socket Mobile, Inc. was incorporated in 1992 and is headquartered in Newark, California. Socket Mobile operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 53 people. To find out more about Socket Mobile contact Kevin Mills at 510 933 3000 or learn more at https://www.socketmobile.com.

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Socket Largest EPS Surprises

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Socket Stock Institutional Investors

Note, although Socket Mobile's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Socket Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Socket Mobile's market, we take the total number of its shares issued and multiply it by Socket Mobile's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Socket Profitablity

The company has Profit Margin (PM) of (0.11) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.11) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.11.

Management Efficiency

Socket Mobile has return on total asset (ROA) of (0.068) % which means that it has lost $0.068 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0966) %, meaning that it created substantial loss on money invested by shareholders. Socket Mobile's management efficiency ratios could be used to measure how well Socket Mobile manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.07 in 2024. Return On Capital Employed is likely to drop to -0.15 in 2024. At this time, Socket Mobile's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 3 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 5.7 M in 2024.

Technical Drivers

As of the 25th of April, Socket Mobile has the Variance of 6.5, coefficient of variation of (3,178), and Risk Adjusted Performance of (0.01). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Socket Mobile, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Socket Mobile, which can be compared to its competition. Please validate Socket Mobile coefficient of variation and maximum drawdown to decide if Socket Mobile is priced more or less accurately, providing market reflects its prevalent price of 1.04 per share. Given that Socket Mobile is a hitting penny stock territory we recommend to closely look at its jensen alpha.

Socket Mobile Price Movement Analysis

Socket Mobile Insider Trading Activities

Socket Mobile Predictive Daily Indicators

Socket Mobile Forecast Models

Socket Mobile's time-series forecasting models are one of many Socket Mobile's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Socket Mobile's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Socket Mobile prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Socket shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Socket Mobile. By using and applying Socket Stock analysis, traders can create a robust methodology for identifying Socket entry and exit points for their positions.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Socket Mobile. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Socket Stock please use our How to Invest in Socket Mobile guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

When running Socket Mobile's price analysis, check to measure Socket Mobile'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 Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.

Is Socket Mobile's industry 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 Socket Mobile. If investors know Socket 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 Socket Mobile 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 Socket Mobile is measured differently than its book value, which is the value of Socket that is recorded on the company's balance sheet. Investors also form their own opinion of Socket Mobile's value that differs from its market value or its book value, called intrinsic value, which is Socket Mobile'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 Socket Mobile's market value can be influenced by many factors that don't directly affect Socket Mobile'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 Socket Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Socket Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Socket Mobile'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.