CEVA Story

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:3em;'>CEV</div>
CEVA -- USA Stock  

USD 37.50  1.18  3.05%

With so much uncertainty about the technology space, it is fair to go over CEVA Inc against current market trends. As expected, CEVA is starting to reaffirm its true potential as investors are becoming more and more confident in the future outlook. The returns on investing in CEVA and the market returns of the last few months appear uncorrelated. The appearance of strong basic indicators of the company suggests a short-term price swing for investors of CEVA. CEVA Inc is scheduled to announce its earnings today. The next earnings report is expected on the 5th of November 2020. The stock is in a buyout trend.
Published over three months ago
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Will CEVA (NASDAQ:CEVA) price continue to rise in September?
This firm's average rating is Buy from 5 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on CEVA market sentiment investors' perception of the future value of CEVA. Let us look at a few aspects of CEVA technical analysis. The company has Profit Margin (PM) of 1.22 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.21) %, which suggests for every $100 dollars of sales, it generated a net operating loss of 0.0.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of CEVA Inc. In general, we focus on analyzing CEVA stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CEVA's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of CEVA's intrinsic value. In addition to deriving basic predictive indicators for CEVA, we also check how macroeconomic factors affect CEVA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does CEVA Stands against Peers?

Analyzing CEVA competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to CEVA across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out CEVA Competition Details

How CEVA utilizes its cash?

To perform a cash flow analysis of CEVA, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash CEVA is receiving and how much cash it distributes out in a given period. The CEVA cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. CEVA Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 9.67 Million

Sale by Michael Boukaya of 2338 shares of CEVA

Legal trades by CEVA insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
CEVA insider trading alert for sale of common stock by Michael Boukaya, Chief Operating Officer, on 21st of August 2020. This event was filed by Ceva Inc with SEC on 2020-08-21. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at CEVA Variance

CEVA Inc has current Variance of 6.35. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.

Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.

Variance 
 = 
SUM(RET DEV)2 
 = 
6.35
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period
Let's now compare CEVA Variance to its closest peers:
CEVA
DIOD
ASX
EMKR
ADI
CEVA6.3549786758945706
DIOD8.85
ASX6.6
EMKR15.36
ADI5.61

CEVA technical analysis suggests possible correction

Current standard deviation is at 2.52. CEVA Inc currently demonstrates below-verage downside deviation. It has Information Ratio of 0.11 and Jensen Alpha of 0.48. However, we do advice investors to further question CEVA Inc expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Perspective on CEVA

Whereas some other companies under the semiconductors industry are still a bit expensive, CEVA may offer a potential longer-term growth to investors. With a relatively neutral outlook on the current economy, it is better to hold off any trading of CEVA as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to CEVA.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of CEVA Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.

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