Goodfellow Inc. Receives TSX Approval for Share Buyback - TipRanks
| GDL Stock | CAD 13.87 0.09 0.65% |
About 52% of Goodfellow's investor base is interested to short. The analysis of overall sentiment of trading Goodfellow stock suggests that many investors are impartial at this time. Goodfellow's investing sentiment overview a quick insight into current market opportunities from investing in Goodfellow. Many technical investors use Goodfellow stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Goodfellow |
Goodfellow Inc. Receives TSX Approval for Share Buyback TipRanks
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Goodfellow Fundamental Analysis
We analyze Goodfellow's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodfellow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodfellow 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.
Retained Earnings
Retained Earnings Comparative Analysis
Goodfellow is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Goodfellow 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 Goodfellow stock to make a market-neutral strategy. Peer analysis of Goodfellow could also be used in its relative valuation, which is a method of valuing Goodfellow by comparing valuation metrics with similar companies.
Peers
Goodfellow Related Equities
| TBL | Taiga Building | 0.79 | ||||
| ALC | Algoma Central | 0.66 | ||||
| ADN | Acadian Timber | 1.29 | ||||
| HLF | High Liner | 1.35 | ||||
| CFF | Conifex Timber | 6.82 |
Other Information on Investing in Goodfellow Stock
Goodfellow financial ratios help investors to determine whether Goodfellow Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goodfellow with respect to the benefits of owning Goodfellow security.