Coloplast AS 2024 Q2 - Results - Earnings Call Presentation - Seeking Alpha
| CLPBY Stock | USD 12.58 0.04 0.32% |
Slightly above 55% of Coloplast's investor base is interested to short. The analysis of overall sentiment of trading Coloplast A pink sheet suggests that many investors are impartial at this time. Coloplast's investing sentiment can be driven by a variety of factors including economic data, Coloplast's earnings reports, geopolitical events, and overall market trends.
Coloplast |
Coloplast AS 2024 Q2 - Results - Earnings Call Presentation Seeking Alpha
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Coloplast Fundamental Analysis
We analyze Coloplast's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coloplast using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coloplast 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 Earning
Price To Earning Comparative Analysis
Coloplast is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Coloplast A 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 Coloplast pink sheet to make a market-neutral strategy. Peer analysis of Coloplast could also be used in its relative valuation, which is a method of valuing Coloplast by comparing valuation metrics with similar companies.
Peers
Coloplast Related Equities
| TPGVF | Top Glove | 8.70 | ||||
| POCI | Precision Optics, | 4.72 | ||||
| CZMWY | Carl Zeiss | 4.40 | ||||
| CZMWF | Carl Zeiss | 0.00 | ||||
| SAUHY | Straumann Holding | 0.48 | ||||
| SSMXY | Sysmex Corp | 0.53 | ||||
| HOCPY | Hoya Corp | 1.05 | ||||
| ESLOY | Essilor International | 1.07 | ||||
| ESLOF | EssilorLuxottica | 1.82 |
Additional Tools for Coloplast Pink Sheet Analysis
When running Coloplast's price analysis, check to measure Coloplast'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 Coloplast is operating at the current time. Most of Coloplast's value examination focuses on studying past and present price action to predict the probability of Coloplast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coloplast's price. Additionally, you may evaluate how the addition of Coloplast to your portfolios can decrease your overall portfolio volatility.