Progen Holdings Ltd Announces the Appointment of Chua Thian Huat as Independent Non-Executive Director and Member of Audit and Risk Committee Member Remuneration Committee - Marketscreener.com
| BASA Stock | USD 0.05 0 1.96% |
About 62% of Basanite's investor base is looking to short. The analysis of current outlook of investing in Basanite suggests that many traders are alarmed regarding Basanite's prospects. The current market sentiment, together with Basanite's historical and current headlines, can help investors time the market. In addition, many technical investors use Basanite stock news signals to limit their universe of possible portfolio assets.
Basanite |
Progen Holdings Ltd Announces the Appointment of Chua Thian Huat as Independent Non-Executive Director and Member of Audit and Risk Committee Member Remuneration Committee Marketscreener.com
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Basanite Fundamental Analysis
We analyze Basanite's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Basanite using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Basanite based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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
Basanite 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.
Basanite 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 Basanite otc stock to make a market-neutral strategy. Peer analysis of Basanite could also be used in its relative valuation, which is a method of valuing Basanite by comparing valuation metrics with similar companies.
Peers
Basanite Related Equities
| CBUMY | China National | 19.36 | ||||
| XYIGF | Xinyi Glass | 3.33 | ||||
| HCMLY | Lafargeholcim | 1.17 | ||||
| BZZUY | Buzzi Unicem | 0.73 | ||||
| EXP | Eagle Materials | 0.36 | ||||
| JHX | James Hardie | 0.21 | ||||
| SUM | Summit Materials | 0.02 | ||||
| USLM | United States | 0.00 | ||||
| CXMSF | CEMEX SAB | 0.00 | ||||
| AHCHY | Anhui Conch | 0.37 | ||||
| AHCHF | Anhui Conch | 0.86 | ||||
| CPAC | Cementos Pacasmayo | 2.08 | ||||
| WBRBY | Wienerberger Baustoffindustri | 3.38 | ||||
| CTXXF | CEMATRIX | 5.56 |
Complementary Tools for Basanite OTC Stock analysis
When running Basanite's price analysis, check to measure Basanite'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 Basanite is operating at the current time. Most of Basanite's value examination focuses on studying past and present price action to predict the probability of Basanite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basanite's price. Additionally, you may evaluate how the addition of Basanite to your portfolios can decrease your overall portfolio volatility.
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