Second Sight Medical Buy Hold or Sell Recommendation
| EYESDelisted Stock | USD 4.14 0.20 4.61% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Second Sight Medical is 'Not Rated'. Macroaxis provides Second Sight buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EYES positions. The advice algorithm takes into account all of Second Sight's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Second Sight's buy or sell advice are summarized below:
Real Value 3.93 | Hype Value 4.14 | Market Value 4.14 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Second Sight Medical given historical horizon and risk tolerance towards Second Sight. When Macroaxis issues a 'buy' or 'sell' recommendation for Second Sight Medical, the advice is generated through an automated system that utilizes algorithms and statistical models.
Second |
Execute Second Sight Buy or Sell Advice
The Second recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Second Sight Medical. Macroaxis does not own or have any residual interests in Second Sight Medical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Second Sight's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Second Sight Trading Alerts and Improvement Suggestions
| Second Sight Medical is not yet fully synchronised with the market data | |
| Second Sight Medical has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 497 K. Net Loss for the year was (8.29 M) with profit before overhead, payroll, taxes, and interest of 130 K. | |
| Second Sight Medical currently holds about 59.6 M in cash with (10.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51. | |
| Roughly 29.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Exclusive-Lufthansas new ITA remedies not too different from earlier, sources say |
Second Sight current analysts advice
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Second analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Second analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Recommendation Mean | 2.00 |
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.
Second Sight Returns Distribution Density
The distribution of Second Sight's historical returns is an attempt to chart the uncertainty of Second Sight's future price movements. The chart of the probability distribution of Second Sight daily returns describes the distribution of returns around its average expected value. We use Second Sight Medical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Second Sight returns is essential to provide solid investment advice for Second Sight.
| Mean Return | -0.52 | Value At Risk | -6.87 | Potential Upside | 9.00 | Standard Deviation | 5.06 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Second Sight historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Second Sight Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Second . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Second Sight Buy or Sell Advice
When is the right time to buy or sell Second Sight Medical? Buying financial instruments such as Second Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Second Sight in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Medical Equipment Thematic Idea Now
Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Medical Equipment Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Second Sight Medical information on this page should be used as a complementary analysis to other Second Sight's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Second Stock
If you are still planning to invest in Second Sight Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Second Sight's history and understand the potential risks before investing.
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