63 Moons Technologies - These 10 IT stocks hit 52-week highs, rallied up to 60 percent in a month - The Economic Times
| 63MOONS Stock | 940.25 44.75 5.00% |
Slightly above 55% of 63 Moons' private investors are presently thinking to get in. The analysis of the overall prospects from investing in 63 moons technologies suggests that some traders are, at the present time, interested. 63 Moons' investing sentiment can be driven by a variety of factors including economic data, 63 Moons' earnings reports, geopolitical events, and overall market trends.
63 Moons stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of 63MOONS daily returns and investor perception about the current price of 63 moons technologies as well as its diversification or hedging effects on your existing portfolios.
63MOONS |
63 Moons Technologies - These 10 IT stocks hit 52-week highs, rallied up to 60 percent in a month The Economic Times
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63 Moons Fundamental Analysis
We analyze 63 Moons' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 63 Moons using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 63 Moons based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
63 Moons is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
63 moons technologies 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 63 Moons stock to make a market-neutral strategy. Peer analysis of 63 Moons could also be used in its relative valuation, which is a method of valuing 63 Moons by comparing valuation metrics with similar companies.
Peers
63 Moons Related Equities
Additional Tools for 63MOONS Stock Analysis
When running 63 Moons' price analysis, check to measure 63 Moons' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 63 Moons is operating at the current time. Most of 63 Moons' value examination focuses on studying past and present price action to predict the probability of 63 Moons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 63 Moons' price. Additionally, you may evaluate how the addition of 63 Moons to your portfolios can decrease your overall portfolio volatility.