DENTSPLY Story

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XRAY -- USA Stock  

USD 43.37  0.72  1.69%

It appears DENTSPLY SIRONA will continue to recover much faster as its share price surged up 0.34% today. The company's current daily volatility is 2.85 percent, with a beta of 1.17 and an alpha of 0.04 over DOW. As many investors are getting excited about obamacare repeal, it is fair to break down DENTSPLY SIRONA. We will look into some reasons why it is still possible for DENTSPLY SIRONA to maintain above-average margins while minimizing volatility.
Published over a month ago
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Should you pick up DENTSPLY after the current volatility slide?
DENTSPLY SIRONA currently holds roughly 235.9 M in cash with 592.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.08. On a scale of 0 to 100, DENTSPLY SIRONA holds a performance score of 6. The firm shows a Beta (market volatility) of 1.1696, which means a somewhat significant risk relative to the market. Let's try to break down what DENTSPLY's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DENTSPLY SIRONA will likely underperform. Although it is vital to follow DENTSPLY SIRONA historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The approach towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing DENTSPLY SIRONA technical indicators, you can right now evaluate if the expected return of 0.27% will be sustainable into the future. Please utilizes DENTSPLY SIRONA potential upside, as well as the relationship between the accumulation distribution and price action indicator to make a quick decision on whether DENTSPLY SIRONA price patterns will revert.
Investing in DENTSPLY SIRONA, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding DENTSPLY SIRONA along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is DENTSPLY SIRONA's Liquidity

DENTSPLY SIRONA financial leverage refers to using borrowed capital as a funding source to finance DENTSPLY SIRONA ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. DENTSPLY SIRONA 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 DENTSPLY SIRONA's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for DENTSPLY SIRONA, but it might be worth checking our own buy vs. sell analysis

DENTSPLY SIRONA Correlation with Peers

Investors in DENTSPLY can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in DENTSPLY SIRONA. Diversification will allow for the same portfolio return with reduced risk. The correlation table of DENTSPLY SIRONA and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities DENTSPLY is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of DENTSPLY for more details

Acquisition by Chadha Ranjit S of 2800 shares of DENTSPLY SIRONA subject to Rule 16b-3

Legal trades by DENTSPLY SIRONA 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:
DENTSPLY insider trading alert for grant of stock option (right to buy) by Chadha Ranjit S, Chief Accounting Officer, on 4th of September 2020. This event was filed by Dentsply Sirona Inc with SEC on 2020-09-04. 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.

Another Deeper Perspective

DENTSPLY SIRONA appears to be very steady, given 1 month investment horizon. DENTSPLY SIRONA secures Sharpe Ratio (or Efficiency) of 0.0946, which denotes the company had 0.0946% of return per unit of risk over the last month. Our approach towards predicting the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for DENTSPLY SIRONA, which you can use to evaluate future volatility of the firm. Please utilize DENTSPLY SIRONA Mean Deviation of 1.94, semi deviation of 2.8, and Downside Deviation of 3.08 to check if our risk estimates are consistent with your expectations.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

DENTSPLY is expecting lower volatility in September

Current kurtosis is at 1.81. DENTSPLY SIRONA shows above-average downside volatility for the selected time horizon. We advise investors to inspect DENTSPLY SIRONA further and ensure that all market timing and asset allocation strategies are consistent with the estimation of DENTSPLY SIRONA future alpha.

Our Takeaway on DENTSPLY SIRONA Investment

While many of the other players under the medical instruments & supplies industry are still a bit expensive, DENTSPLY SIRONA may offer a potential longer-term growth to investors. While some investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. 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 DENTSPLY SIRONA.

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

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