Swedish Stocks Possibly Trading Below Fair Value In September 2024 - Simply Wall St
| CTT Stock | SEK 248.00 7.00 2.75% |
Slightly above 61% of CTT Systems' investor base is looking to short. The analysis of current outlook of investing in CTT Systems AB suggests that many traders are alarmed regarding CTT Systems' prospects. CTT Systems' investing sentiment can be driven by a variety of factors including economic data, CTT Systems' earnings reports, geopolitical events, and overall market trends.
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Swedish Stocks Possibly Trading Below Fair Value In September 2024 Simply Wall St
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CTT Systems Fundamental Analysis
We analyze CTT Systems' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CTT Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CTT Systems 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.
Z Score
Z Score Comparative Analysis
CTT Systems is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
CTT Systems AB 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 CTT Systems stock to make a market-neutral strategy. Peer analysis of CTT Systems could also be used in its relative valuation, which is a method of valuing CTT Systems by comparing valuation metrics with similar companies.
Peers
CTT Systems Related Equities
| AXIC-A | AXichem AB | 8.20 | ||||
| CLS-B | Clinical Laserthermia | 7.80 | ||||
| KABE-B | KABE Group | 0.67 | ||||
| LIPUM | Lipum AB | 0.60 | ||||
| NORVA | Norva24 Group | 0.18 | ||||
| ALBERT | EEducation Albert | 1.08 | ||||
| GCOR | Gaming Corps | 1.45 | ||||
| IAR-B | IAR Systems | 1.54 | ||||
| CANTA | Cantargia | 1.63 |
Additional Tools for CTT Stock Analysis
When running CTT Systems' price analysis, check to measure CTT Systems' 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 CTT Systems is operating at the current time. Most of CTT Systems' value examination focuses on studying past and present price action to predict the probability of CTT Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTT Systems' price. Additionally, you may evaluate how the addition of CTT Systems to your portfolios can decrease your overall portfolio volatility.