Specialty Oleochemicals Global Market Report 2023 - GlobeNewswire
| EVKIF Stock | USD 18.50 0.46 2.55% |
Roughly 55% of Evonik Industries' stockholders are presently thinking to get in. The analysis of overall sentiment of trading Evonik Industries AG pink sheet suggests that some investors are interested at this time. The current market sentiment, together with Evonik Industries' historical and current headlines, can help investors time the market. In addition, many technical investors use Evonik Industries stock news signals to limit their universe of possible portfolio assets.
Evonik Industries pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Evonik daily returns and investor perception about the current price of Evonik Industries AG as well as its diversification or hedging effects on your existing portfolios.
Evonik |
Specialty Oleochemicals Global Market Report 2023 GlobeNewswire
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Evonik Industries Fundamental Analysis
We analyze Evonik Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evonik Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evonik Industries 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
Evonik Industries 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.
Evonik Industries 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 Evonik Industries pink sheet to make a market-neutral strategy. Peer analysis of Evonik Industries could also be used in its relative valuation, which is a method of valuing Evonik Industries by comparing valuation metrics with similar companies.
Peers
Evonik Industries Related Equities
| LIN | Linde Plc | 0.50 | ||||
| APD | Air Products | 0.45 | ||||
| IFF | International Flavors | 0.65 | ||||
| PPG | PPG Industries | 1.14 | ||||
| DD | Dupont De | 1.75 | ||||
| CC | Chemours | 2.53 | ||||
| ALB | Albemarle Corp | 5.18 |
Complementary Tools for Evonik Pink Sheet analysis
When running Evonik Industries' price analysis, check to measure Evonik Industries' 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 Evonik Industries is operating at the current time. Most of Evonik Industries' value examination focuses on studying past and present price action to predict the probability of Evonik Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evonik Industries' price. Additionally, you may evaluate how the addition of Evonik Industries to your portfolios can decrease your overall portfolio volatility.
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