Why We Think Dollarama Stock Is Expensive - Morningstar.ca
| DR3 Stock | EUR 100.30 1.68 1.70% |
About 57% of DOLLARAMA's investor base is looking to short. The analysis of current outlook of investing in DOLLARAMA suggests that many traders are alarmed regarding DOLLARAMA's prospects. The current market sentiment, together with DOLLARAMA's historical and current headlines, can help investors time the market. In addition, many technical investors use DOLLARAMA stock news signals to limit their universe of possible portfolio assets.
DOLLARAMA stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of DOLLARAMA daily returns and investor perception about the current price of DOLLARAMA as well as its diversification or hedging effects on your existing portfolios.
DOLLARAMA |
Why We Think Dollarama Stock Is Expensive Morningstar.ca
Read at news.google.com
 |
DOLLARAMA Fundamental Analysis
We analyze DOLLARAMA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DOLLARAMA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DOLLARAMA 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.
Annual Yield
Annual Yield Comparative Analysis
DOLLARAMA is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
DOLLARAMA 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 DOLLARAMA stock to make a market-neutral strategy. Peer analysis of DOLLARAMA could also be used in its relative valuation, which is a method of valuing DOLLARAMA by comparing valuation metrics with similar companies.
Peers
DOLLARAMA Related Equities
| JAL | JAPAN AIRLINES | 1.37 | ||||
| ITB | IMPERIAL TOBACCO | 0.97 | ||||
| NU42 | Ribbon Communications | 0.54 | ||||
| TGE1 | Mobilezone Holding | 0.00 | ||||
| JATA | JAPAN TOBACCO | 2.36 |
Complementary Tools for DOLLARAMA Stock analysis
When running DOLLARAMA's price analysis, check to measure DOLLARAMA'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 DOLLARAMA is operating at the current time. Most of DOLLARAMA's value examination focuses on studying past and present price action to predict the probability of DOLLARAMA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DOLLARAMA's price. Additionally, you may evaluate how the addition of DOLLARAMA to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |