Benign Growth For Legacy Iron Ore Limited Underpins Its Share Price - Simply Wall St
| A43 Stock | EUR 0.01 0.00 0.00% |
About 62% of LEGACY IRON's investor base is looking to short. The analysis of current outlook of investing in LEGACY IRON ORE suggests that many traders are alarmed regarding LEGACY IRON's prospects. The current market sentiment, together with LEGACY IRON's historical and current headlines, can help investors time the market. In addition, many technical investors use LEGACY IRON ORE stock news signals to limit their universe of possible portfolio assets.
LEGACY IRON stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of LEGACY daily returns and investor perception about the current price of LEGACY IRON ORE as well as its diversification or hedging effects on your existing portfolios.
LEGACY |
Benign Growth For Legacy Iron Ore Limited Underpins Its Share Price Simply Wall St
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LEGACY IRON Fundamental Analysis
We analyze LEGACY IRON's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LEGACY IRON using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LEGACY IRON 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
LEGACY IRON is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
LEGACY IRON ORE 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 LEGACY IRON stock to make a market-neutral strategy. Peer analysis of LEGACY IRON could also be used in its relative valuation, which is a method of valuing LEGACY IRON by comparing valuation metrics with similar companies.
Peers
LEGACY IRON Related Equities
| 2DG | SIVERS SEMICONDUCTORS | 22.22 | ||||
| 5AM | Hastings Technology | 12.50 | ||||
| N4Q1 | Hemisphere Energy | 0.81 | ||||
| QBI | Q2M Managementberatu | 0.00 | ||||
| DDN | Darden Restaurants | 0.36 | ||||
| RS6 | Reliance Steel | 0.39 | ||||
| HYEA | Hyster-Yale Materials | 1.86 | ||||
| MEL | Meli Hotels | 2.05 |
Complementary Tools for LEGACY Stock analysis
When running LEGACY IRON's price analysis, check to measure LEGACY IRON's 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 LEGACY IRON is operating at the current time. Most of LEGACY IRON's value examination focuses on studying past and present price action to predict the probability of LEGACY IRON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LEGACY IRON's price. Additionally, you may evaluate how the addition of LEGACY IRON to your portfolios can decrease your overall portfolio volatility.
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