Align Technology Inc Trading 2.78 percent Higher on Nov 19
| CCMMX Fund | USD 10.25 0.01 0.1% |
Slightly above 62% of Conestoga Mid's investor base is looking to short. The analysis of overall sentiment of trading Conestoga Mid Cap mutual fund suggests that many investors are alarmed at this time. Conestoga Mid's investing sentiment can be driven by a variety of factors including economic data, Conestoga Mid's earnings reports, geopolitical events, and overall market trends.
Conestoga |
Shares of Align Technology Inc surged 2.78 percent in mid-day trading on Nov 19. The stock reached an intraday high of 231.86, before settling at 229.90,
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Conestoga Mid Fundamental Analysis
We analyze Conestoga Mid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Conestoga Mid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Conestoga Mid based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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
Conestoga Mid is currently under evaluation in probability of bankruptcy among similar funds. 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.
Conestoga Mid Cap 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 Conestoga Mid mutual fund to make a market-neutral strategy. Peer analysis of Conestoga Mid could also be used in its relative valuation, which is a method of valuing Conestoga Mid by comparing valuation metrics with similar companies.
Peers
Conestoga Mid Related Equities
| RHMYX | Victory High | 0.51 | ||||
| BCHIX | California High-yield | 0.20 | ||||
| SGYAX | Siit High | 0.14 | ||||
| CBSYX | Ab Global | 0.11 | ||||
| PHDTX | Pace High | 0.11 | ||||
| PHYPX | Pace High | 0.11 | ||||
| AGTFX | Morningstar Aggressive | 0.06 | ||||
| JQLAX | Multimanager Lifestyle | 0.07 |
Other Information on Investing in Conestoga Mutual Fund
Conestoga Mid financial ratios help investors to determine whether Conestoga Mutual Fund 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 Conestoga with respect to the benefits of owning Conestoga Mid security.
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