Firetail Resources Issues 25M Unlisted Options - TipRanks
| FTL Stock | 0.08 0 1.23% |
Slightly above 62% of Firetail Resources' investor base is looking to short. The current sentiment regarding investing in Firetail Resources stock implies that many traders are alarmed. Firetail Resources' investing sentiment can be driven by a variety of factors including economic data, Firetail Resources' earnings reports, geopolitical events, and overall market trends.
Firetail |
Firetail Resources Issues 25M Unlisted Options TipRanks
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Firetail Resources Fundamental Analysis
We analyze Firetail Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Firetail Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Firetail Resources 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.
Working Capital
Working Capital Comparative Analysis
Firetail Resources is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Firetail Resources 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 Firetail Resources stock to make a market-neutral strategy. Peer analysis of Firetail Resources could also be used in its relative valuation, which is a method of valuing Firetail Resources by comparing valuation metrics with similar companies.
Peers
Firetail Resources Related Equities
| RVT | Richmond Vanadium | 4.00 | ||||
| PNI | Pinnacle Investment | 0.17 | ||||
| AUI | Australian United | 0.47 | ||||
| MFF | MFF Capital | 0.69 | ||||
| DUG | Dug Technology | 2.34 |
Additional Tools for Firetail Stock Analysis
When running Firetail Resources' price analysis, check to measure Firetail Resources' 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 Firetail Resources is operating at the current time. Most of Firetail Resources' value examination focuses on studying past and present price action to predict the probability of Firetail Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Firetail Resources' price. Additionally, you may evaluate how the addition of Firetail Resources to your portfolios can decrease your overall portfolio volatility.