Brazilian airline Gol bounces back to Q2 profit as revenue jumps
About 67% of Gol Linhas' investor base is looking to short. The analysis of current outlook of investing in Gol Linhas Aereas suggests that many traders are alarmed regarding Gol Linhas' prospects. Gol Linhas' investing sentiment shows overall attitude of investors towards Gol Linhas Aereas.
Gol |
Brazilian airline Gol on Thursday surprised analysts with a second-quarter net profit of 556.3 million reais , reversing a 2.8 billion real loss a year earlier on higher revenue and foreign exchange gains. Analysts had expected a net loss of 152.5 million, Refinitiv Eikon data showed. Operating net revenue hit a record high for the second quarter of 4.14 billion, up 27.9 percent year on year, Gol said in a securities filing.
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Gol Linhas Fundamental Analysis
We analyze Gol Linhas' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gol Linhas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gol Linhas 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 Asset
Net Asset Comparative Analysis
Gol Linhas is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Gol Linhas Aereas 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 Gol Linhas stock to make a market-neutral strategy. Peer analysis of Gol Linhas could also be used in its relative valuation, which is a method of valuing Gol Linhas by comparing valuation metrics with similar companies.
Peers
Gol Linhas Related Equities
BABWF | International Consolidated | 2.15 | ||||
ULCC | Frontier Group | 1.96 | ||||
ALGT | Allegiant Travel | 1.57 | ||||
ALK | Alaska Air | 1.26 | ||||
SKYW | SkyWest | 0.94 | ||||
ICAGY | International Consolidated | 0.71 | ||||
CPA | Copa Holdings | 0.53 | ||||
AFLYY | Air France | 1.08 | ||||
AZUL | Azul SA | 3.57 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Gol Stock
If you are still planning to invest in Gol Linhas Aereas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Gol Linhas' history and understand the potential risks before investing.
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