Deterra Royalties Director Increases Shareholding - TipRanks
DRR Stock | 3.75 0.03 0.81% |
Slightly above 51% of Deterra Royalties' investor base is interested to short. The current sentiment regarding investing in Deterra Royalties stock implies that many traders are impartial. Deterra Royalties' investing sentiment can be driven by a variety of factors including economic data, Deterra Royalties' earnings reports, geopolitical events, and overall market trends.
Deterra |
Deterra Royalties Director Increases Shareholding TipRanks
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Deterra Royalties Fundamental Analysis
We analyze Deterra Royalties' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Deterra Royalties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Deterra Royalties 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.
Return On Asset
Return On Asset Comparative Analysis
Deterra Royalties is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Deterra Royalties 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 Deterra Royalties stock to make a market-neutral strategy. Peer analysis of Deterra Royalties could also be used in its relative valuation, which is a method of valuing Deterra Royalties by comparing valuation metrics with similar companies.
Peers
Deterra Royalties Related Equities
OBM | Ora Banda | 4.29 | ||||
EMV | EMvision Medical | 1.02 | ||||
GOR | Gold Road | 0.54 | ||||
HCW | Healthco Healthcare | 0.87 | ||||
ONE | Oneview Healthcare | 3.03 |
Additional Tools for Deterra Stock Analysis
When running Deterra Royalties' price analysis, check to measure Deterra Royalties' 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 Deterra Royalties is operating at the current time. Most of Deterra Royalties' value examination focuses on studying past and present price action to predict the probability of Deterra Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deterra Royalties' price. Additionally, you may evaluate how the addition of Deterra Royalties to your portfolios can decrease your overall portfolio volatility.