IDRx Announces Updated Phase 1 Data from Ongoing Phase 11b StrateGIST 1 Trial of IDRX-42 in Advanced Gastrointestinal Stromal Tumors at CTOS 2024
| CTOS Stock | USD 5.29 0.10 1.93% |
Slightly above 56% of all Custom Truck's private investors are looking to take a long position. The analysis of overall sentiment of trading Custom Truck One stock suggests that some investors are interested at this time. Custom Truck's investing sentiment can be driven by a variety of factors including economic data, Custom Truck's earnings reports, geopolitical events, and overall market trends.
Custom |
IDRx, Inc., a clinical-stage biopharmaceutical company dedicated to developing and commercializing precision therapeutics for the treatment of cancers
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Custom Truck Fundamental Analysis
We analyze Custom Truck's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Custom Truck using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Custom Truck 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.
Beta
Beta Comparative Analysis
Custom Truck is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Custom Truck One 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 Custom Truck stock to make a market-neutral strategy. Peer analysis of Custom Truck could also be used in its relative valuation, which is a method of valuing Custom Truck by comparing valuation metrics with similar companies.
Peers
Custom Truck Related Equities
| ALTG | Alta Equipment | 5.70 | ||||
| PRG | PROG Holdings | 2.66 | ||||
| HRI | Herc Holdings | 2.26 | ||||
| GATX | GATX | 1.51 | ||||
| MGRC | McGrath RentCorp | 1.41 | ||||
| HEES | HE Equipment | 0.45 |
Additional Tools for Custom Stock Analysis
When running Custom Truck's price analysis, check to measure Custom Truck'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 Custom Truck is operating at the current time. Most of Custom Truck's value examination focuses on studying past and present price action to predict the probability of Custom Truck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Custom Truck's price. Additionally, you may evaluate how the addition of Custom Truck to your portfolios can decrease your overall portfolio volatility.