Senseonics Stock Story

SENS -  USA Stock  

USD 3.09  0.03  0.96%

Today we may see the proof that Thermo Fisher would recover much slower from the latest slide as its shares went up 1.29% to Senseonics Holdings's 43.9024%. As many investors are getting excited about healthcare space, Senseonics Holdings and Thermo Fisher may be going in opposite directions. We are going to discuss some of the competitive aspects of both Senseonics and Thermo.
Published over a month ago
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Will Thermo Fisher retail investors switch to Senseonics (AMEX:SENS)?
By analyzing existing basic indicators between Senseonics Holdings and Thermo, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Thermo with a short position in Senseonics Holdings. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Senseonics Holdings has an asset utilization ratio of 17.67 percent. This connotes that the company is making $0.18 for each dollar of assets. An increasing asset utilization means that Senseonics Holdings is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Senseonics or Danaher is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

How important is Senseonics Holdings's Liquidity

Senseonics Holdings financial leverage refers to using borrowed capital as a funding source to finance Senseonics Holdings ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Senseonics Holdings financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Senseonics Holdings's total debt and its cash.

Correlation Between Senseonics and Danaher Corp

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Senseonics Holdings together with similar or unrelated positions with a negative correlation. For example, you can also add Danaher Corp to your portfolio. If Danaher Corp is not perfectly correlated to Senseonics Holdings it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Senseonics Holdings for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Please check pair correlation details between SENS and DHR for more information.

Note

Are you currently holding both Senseonics Holdings and Danaher Corp in your portfolio?
Please note if you are using this as a pair-trade strategy between Senseonics Holdings and Danaher Corp, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses.

Breaking it down a bit more

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Lets now check Senseonics Holdings revenue. Based on the latest financial disclosure, Senseonics Holdings reported 4.95 M of revenue. This is 99.94% lower than that of the Healthcare sector and 99.75% lower than that of the Diagnostics & Research industry. The revenue for all United States stocks is 99.95% higher than that of Senseonics Holdings. As for Thermo Fisher we see revenue of 35.89 B, which is much higher than that of the Diagnostics & Research

TMO
35.9 B
SENS4.95 Million0.0131
Sector1.98 Billion5.23
TMO35.89 Billion94.76

Another 3 percent spike for Senseonics Holdings

Latest kurtosis is at 0.38.
As of the 4th of June, Senseonics Holdings has the risk adjusted performance of (0.045101), and Coefficient Of Variation of (1,248). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Senseonics Holdings, 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 interpolate nineteen technical drivers for Senseonics Holdings, which can be compared to its competition. Please validate Senseonics Holdings variance and potential upside to decide if Senseonics Holdings is priced more or less accurately, providing market reflects its prevalent price of 2.95 per share. Please also confirm Senseonics Holdings total risk alpha, which is currently at (1.79) to double-check the company can sustain itself at a future point.

Our Final Take On Senseonics Holdings

While some firms in the diagnostics & research industry are either recovering or due for a correction, Senseonics may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Senseonics valuation and our trade advice on Senseonics Holdings is due to the recent market swings and your selection of investing horizon. 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 Senseonics Holdings.

Editorial Staff

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 Raphi Shpitalnik do not own shares of Senseonics Holdings. Please refer to our Terms of Use for any information regarding our disclosure principles.

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