Greenfire Resources Reports Strong Q1 Performance - TipRanks.com - TipRanks
| GFR Stock | 9.88 0.03 0.30% |
About 62% of Greenfire Resources' investor base is looking to short. The current sentiment of investing in Greenfire Resources suggests that many traders are alarmed. Greenfire Resources' investing sentiment overview a quick insight into current market opportunities from investing in Greenfire Resources. Many technical investors use Greenfire Resources stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Greenfire Resources Reports Strong Q1 Performance - TipRanks.com TipRanks
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Greenfire Resources Fundamental Analysis
We analyze Greenfire Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenfire Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenfire 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.
Price To Sales
Price To Sales Comparative Analysis
Greenfire Resources is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Greenfire 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 Greenfire Resources stock to make a market-neutral strategy. Peer analysis of Greenfire Resources could also be used in its relative valuation, which is a method of valuing Greenfire Resources by comparing valuation metrics with similar companies.
Peers
Greenfire Resources Related Equities
| NEXG | NeXGold Mining | 1.43 | ||||
| MKO | Mako Mining | 0.67 | ||||
| DIV | Diversified Royalty | 0.33 | ||||
| BIK-PA | Bip Investment | 0.00 | ||||
| PNC-A | Postmedia Network | 0.00 | ||||
| CGI | Canadian General | 0.26 | ||||
| TBRD | Thunderbird Entertainment | 6.38 |
Check out Greenfire Resources Hype Analysis, Greenfire Resources Correlation and Greenfire Resources Performance. To learn how to invest in Greenfire Stock, please use our How to Invest in Greenfire Resources guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.