Conifer Stock Passes Below 50-Day Moving Average of 1.11
| CNFR Stock | USD 0.73 0.01 1.35% |
Slightly above 61% of Conifer Holding's investor base is looking to short. The analysis of the overall prospects from investing in Conifer Holding suggests that many traders are, at the present time, alarmed. Conifer Holding's investing sentiment overview a quick insight into current market opportunities from investing in Conifer Holding. Many technical investors use Conifer Holding stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Conifer Holdings, Inc. passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of 1.11 and traded as low as 1.06. Conifer shares last traded at 1.10, with a volume of 16,493 shares changing hands. Wall Street Analysts Forecast Growth
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Conifer Holding Fundamental Analysis
We analyze Conifer Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Conifer Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Conifer Holding 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.
EBITDA
EBITDA Comparative Analysis
Conifer Holding is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Conifer Holding 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 Conifer Holding stock to make a market-neutral strategy. Peer analysis of Conifer Holding could also be used in its relative valuation, which is a method of valuing Conifer Holding by comparing valuation metrics with similar companies.
Peers
Conifer Holding Related Equities
| KINS | Kingstone Companies | 19.13 | ||||
| CPHC | Canterbury Park | 1.05 | ||||
| CMCT | Creative Media | 0.61 |
Additional Tools for Conifer Stock Analysis
When running Conifer Holding's price analysis, check to measure Conifer Holding'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 Conifer Holding is operating at the current time. Most of Conifer Holding's value examination focuses on studying past and present price action to predict the probability of Conifer Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conifer Holding's price. Additionally, you may evaluate how the addition of Conifer Holding to your portfolios can decrease your overall portfolio volatility.