Is High Tide a Buy as Wall Street Analysts Look Optimistic?
| ALBBY Stock | USD 9.22 0.16 1.77% |
Slightly above 55% of Alibaba Health's investors are presently thinking to get in. The analysis of overall sentiment of trading Alibaba Health Information pink sheet suggests that some investors are interested at this time. Alibaba Health's investing sentiment can be driven by a variety of factors including economic data, Alibaba Health's earnings reports, geopolitical events, and overall market trends.
Alibaba |
The average brokerage recommendation for High Tide is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock
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Alibaba Health Fundamental Analysis
We analyze Alibaba Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alibaba Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alibaba Health 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.
Price To Earning
Price To Earning Comparative Analysis
Alibaba Health is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Alibaba Health Infor 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 Alibaba Health pink sheet to make a market-neutral strategy. Peer analysis of Alibaba Health could also be used in its relative valuation, which is a method of valuing Alibaba Health by comparing valuation metrics with similar companies.
Peers
Alibaba Health Related Equities
| HITI | High Tide | 13.99 | ||||
| ALBHF | Alibaba Health | 6.38 | ||||
| WBA | Walgreens Boots | 0.44 | ||||
| CJJD | China Jo | 0.99 | ||||
| PETS | PetMed Express | 1.49 |
Additional Tools for Alibaba Pink Sheet Analysis
When running Alibaba Health's price analysis, check to measure Alibaba Health'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 Alibaba Health is operating at the current time. Most of Alibaba Health's value examination focuses on studying past and present price action to predict the probability of Alibaba Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alibaba Health's price. Additionally, you may evaluate how the addition of Alibaba Health to your portfolios can decrease your overall portfolio volatility.