NGX in 2023 Equities market defies economic odds, post 4th yearly gain amidst local participation - Tribune Online
| GASX Stock | CAD 1.01 0.02 1.94% |
Slightly above 62% of Ngx Energy's investor base is looking to short. The current sentiment of investing in Ngx Energy International suggests that many traders are alarmed. Ngx Energy's investing sentiment can be driven by a variety of factors including economic data, Ngx Energy's earnings reports, geopolitical events, and overall market trends.
Ngx Energy stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Ngx daily returns and investor perception about the current price of Ngx Energy International as well as its diversification or hedging effects on your existing portfolios.
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NGX in 2023 Equities market defies economic odds, post 4th yearly gain amidst local participation Tribune Online
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Ngx Energy Fundamental Analysis
We analyze Ngx Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ngx Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ngx Energy 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.
Shares Owned By Insiders
Shares Owned By Insiders Comparative Analysis
Ngx Energy is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Ngx Energy International 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 Ngx Energy stock to make a market-neutral strategy. Peer analysis of Ngx Energy could also be used in its relative valuation, which is a method of valuing Ngx Energy by comparing valuation metrics with similar companies.
Peers
Ngx Energy Related Equities
| EMO | Emerita Resources | 4.76 | ||||
| OYL | CGX Energy | 4.76 |
Additional Tools for Ngx Stock Analysis
When running Ngx Energy's price analysis, check to measure Ngx Energy'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 Ngx Energy is operating at the current time. Most of Ngx Energy's value examination focuses on studying past and present price action to predict the probability of Ngx Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ngx Energy's price. Additionally, you may evaluate how the addition of Ngx Energy to your portfolios can decrease your overall portfolio volatility.