Earnings Not Telling The Story For Auction Technology Group plc After Shares Rise 25 percent - Simply Wall St
ATG Stock | 570.00 1.00 0.18% |
About 52% of Auction Technology's investor base is interested to short. The analysis of the overall prospects from investing in Auction Technology Group suggests that many traders are, at the present time, impartial. The current market sentiment, together with Auction Technology's historical and current headlines, can help investors time the market. In addition, many technical investors use Auction Technology stock news signals to limit their universe of possible portfolio assets.
Auction Technology stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Auction daily returns and investor perception about the current price of Auction Technology Group as well as its diversification or hedging effects on your existing portfolios.
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Earnings Not Telling The Story For Auction Technology Group plc After Shares Rise 25 Simply Wall St
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Auction Technology Fundamental Analysis
We analyze Auction Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Auction Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Auction Technology 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
Auction Technology 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.
Auction Technology 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 Auction Technology stock to make a market-neutral strategy. Peer analysis of Auction Technology could also be used in its relative valuation, which is a method of valuing Auction Technology by comparing valuation metrics with similar companies.
Peers
Auction Technology Related Equities
LEND | Sancus Lending | 16.67 | ||||
AEO | Aeorema Communications | 2.75 | ||||
CHRY | Chrysalis Investments | 1.55 | ||||
FSEM | Fidelity Sustainable | 0.50 | ||||
0AAU | Surgical Science | 0.47 | ||||
0R8Q | Coor Service | 0.65 | ||||
SXLB | SPDR SP | 1.27 | ||||
NMT | Neometals | 6.86 | ||||
0R1G | Home Depot | 58.63 |
Complementary Tools for Auction Stock analysis
When running Auction Technology's price analysis, check to measure Auction Technology'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 Auction Technology is operating at the current time. Most of Auction Technology's value examination focuses on studying past and present price action to predict the probability of Auction Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auction Technology's price. Additionally, you may evaluate how the addition of Auction Technology to your portfolios can decrease your overall portfolio volatility.
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