Is Academy Sports and Outdoors, Inc. Trading At A 34 percent Discount?
| 5SP2550 Index | 5,079 35.50 0.70% |
About 51% of SP 500's investor base is interested to short. The analysis of the overall investor sentiment regarding SP 500 Retailing suggests that many traders are impartial. The current market sentiment, together with SP 500's historical and current headlines, can help investors time the market. In addition, many technical investors use SP 500 Retailing index news signals to limit their universe of possible portfolio assets.
Key Insights Using the 2 Stage Free Cash Flow to Equity, Academy Sports and Outdoors fair value estimate is US70.98...
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SP 500 Retailing Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SP 500 index to make a market-neutral strategy. Peer analysis of SP 500 could also be used in its relative valuation, which is a method of valuing SP 500 by comparing valuation metrics with similar companies.
Peers
SP 500 Related Equities
| WIMI | WiMi Hologram | 5.06 | ||||
| NTGR | NETGEAR | 2.33 | ||||
| RDCM | Radcom | 0.84 | ||||
| ASO | Academy Sports | 0.82 | ||||
| ARW | Arrow Electronics | 0.64 | ||||
| IRDM | Iridium Communications | 0.41 | ||||
| XPOF | Xponential Fitness | 0.20 | ||||
| BCE | BCE | 0.04 |