Karora Resources completes second decline at Beta Hunt - Kalgoorlie Miner
| BOE Stock | 2.71 0.05 1.81% |
Slightly above 62% of Boss Energy's investor base is looking to short. The current sentiment regarding investing in Boss Energy Limited stock implies that many traders are alarmed. Boss Energy's investing sentiment can be driven by a variety of factors including economic data, Boss Energy's earnings reports, geopolitical events, and overall market trends.
Boss |
Karora Resources completes second decline at Beta Hunt Kalgoorlie Miner
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Boss Energy Fundamental Analysis
We analyze Boss Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boss Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boss Energy 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
Boss Energy 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.
Boss Energy Limited 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 Boss Energy stock to make a market-neutral strategy. Peer analysis of Boss Energy could also be used in its relative valuation, which is a method of valuing Boss Energy by comparing valuation metrics with similar companies.
Peers
Boss Energy Related Equities
| ATM | Aneka Tambang | 4.65 | ||||
| EVN | Evolution Mining | 1.61 | ||||
| DEG | De Grey | 1.33 | ||||
| NST | Northern Star | 0.81 | ||||
| PRU | Perseus Mining | 0.76 | ||||
| SFR | Sandfire Resources | 0.29 | ||||
| BSL | Bluescope Steel | 0.05 |
Additional Tools for Boss Stock Analysis
When running Boss Energy's price analysis, check to measure Boss Energy'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 Boss Energy is operating at the current time. Most of Boss Energy's value examination focuses on studying past and present price action to predict the probability of Boss Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boss Energy's price. Additionally, you may evaluate how the addition of Boss Energy to your portfolios can decrease your overall portfolio volatility.