BW LPG Stock Price Up 3.3 percent - Heres Why - MarketBeat
BWLPG Stock | NOK 132.90 6.90 4.94% |
About 62% of BW LPG's investor base is looking to short. The analysis of current outlook of investing in BW LPG suggests that many traders are alarmed regarding BW LPG's prospects. BW LPG's investing sentiment overview a quick insight into current market opportunities from investing in BW LPG. Many technical investors use BW LPG stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
BWLPG |
BW LPG Stock Price Up 3.3 percent - Heres Why MarketBeat
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BW LPG Fundamental Analysis
We analyze BW LPG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BW LPG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BW LPG 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
BW LPG 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.
BW LPG 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 BW LPG stock to make a market-neutral strategy. Peer analysis of BW LPG could also be used in its relative valuation, which is a method of valuing BW LPG by comparing valuation metrics with similar companies.
Peers
BW LPG Related Equities
FLNG | FLEX LNG | 0.56 | ||||
TRMD-A | TORM Plc | 0.21 | ||||
GOGL | Golden Ocean | 1.14 | ||||
FRO | Frontline | 1.76 | ||||
AGAS | Avance Gas | 5.24 |
Other Information on Investing in BWLPG Stock
BW LPG financial ratios help investors to determine whether BWLPG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BWLPG with respect to the benefits of owning BW LPG security.