Whitecap Resources stock maintains Outperform rating - Investing.com
| GFR Stock | 9.86 0.15 1.50% |
About 61% 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.
Greenfire |
Whitecap Resources stock maintains Outperform rating Investing.com
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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.
Net Income
Net Income Comparative Analysis
Greenfire Resources is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
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
| POU | Paramount Resources | 0.71 |
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| PSK | PrairieSky Royalty | 1.07 |
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| ARX | ARC Resources | 1.19 |
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| WCP | Whitecap Resources | 1.47 |
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| TOU | Tourmaline Oil | 2.26 |
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| MEG | MEG Energy | 2.26 |
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| CNQ | Canadian Natural | 3.24 |
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| OVV | Ovintiv | 3.93 |
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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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.