Cineplex Reports May 2023 Box Office Results and Provides Update on Second Quarter to Date - Benzinga
| CGX Stock | CAD 10.91 0.17 1.58% |
About 53% of Cineplex's investors are presently thinking to get in. The analysis of overall sentiment of trading Cineplex stock suggests that some investors are interested at this time. Cineplex's investing sentiment overview a quick insight into current market opportunities from investing in Cineplex. Many technical investors use Cineplex stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Cineplex |
Cineplex Reports May 2023 Box Office Results and Provides Update on Second Quarter to Date Benzinga
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Cineplex Fundamental Analysis
We analyze Cineplex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cineplex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cineplex 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.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Cineplex is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Cineplex 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 Cineplex stock to make a market-neutral strategy. Peer analysis of Cineplex could also be used in its relative valuation, which is a method of valuing Cineplex by comparing valuation metrics with similar companies.
Peers
Cineplex Related Equities
| FLT | Drone Delivery | 7.69 | ||||
| LSPD | Lightspeed Commerce | 1.20 | ||||
| AC | Air Canada | 0.56 | ||||
| SU | Suncor Energy | 0.11 | ||||
| BB | BlackBerry | 0.81 |
Other Information on Investing in Cineplex Stock
Cineplex financial ratios help investors to determine whether Cineplex 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 Cineplex with respect to the benefits of owning Cineplex security.