Wells Fargo Company Lowers Churchill Downs to Equal Weight - MarketBeat
CHR Stock | EUR 86.50 0.50 0.58% |
Roughly 55% of Churchill Downs' investor base is interested to short. The analysis of current outlook of investing in Churchill Downs Incorporated suggests that many traders are impartial regarding Churchill Downs' prospects. The current market sentiment, together with Churchill Downs' historical and current headlines, can help investors time the market. In addition, many technical investors use Churchill Downs stock news signals to limit their universe of possible portfolio assets.
Churchill Downs stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Churchill daily returns and investor perception about the current price of Churchill Downs Incorporated as well as its diversification or hedging effects on your existing portfolios.
Churchill |
Wells Fargo Company Lowers Churchill Downs to Equal Weight MarketBeat
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Churchill Downs Fundamental Analysis
We analyze Churchill Downs' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Churchill Downs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Churchill Downs 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.
Return On Equity
Return On Equity Comparative Analysis
Churchill Downs is rated second in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Churchill Downs 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 Churchill Downs stock to make a market-neutral strategy. Peer analysis of Churchill Downs could also be used in its relative valuation, which is a method of valuing Churchill Downs by comparing valuation metrics with similar companies.
Peers
Churchill Downs Related Equities
GF8 | Greek Organization | 2.11 | ||||
TJW | Scientific Games | 2.04 | ||||
CHR | Churchill Downs | 0.58 | ||||
CHR | Churchill Downs | 0.57 | ||||
1WE | La Franaise | 0.19 | ||||
7IG | International Game | 0.68 | ||||
SOK | Sankyo | 0.69 | ||||
PPB | Flutter Entertainment | 0.96 | ||||
E3G1 | Evolution | 2.30 |
Complementary Tools for Churchill Stock analysis
When running Churchill Downs' price analysis, check to measure Churchill Downs' 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 Churchill Downs is operating at the current time. Most of Churchill Downs' value examination focuses on studying past and present price action to predict the probability of Churchill Downs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Churchill Downs' price. Additionally, you may evaluate how the addition of Churchill Downs to your portfolios can decrease your overall portfolio volatility.
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