GoTo hits new 52-week low amid share buyback plans - Tech in Asia
| GOTO Stock | 72.00 2.00 2.86% |
About 55% of GoTo Gojek's institutional investors are presently thinking to get in. The analysis of current outlook of investing in GoTo Gojek Tokopedia suggests that some traders are interested regarding GoTo Gojek's prospects. GoTo Gojek's investing sentiment shows overall attitude of investors towards GoTo Gojek Tokopedia.
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GoTo hits new 52-week low amid share buyback plans Tech in Asia
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GoTo Gojek Fundamental Analysis
We analyze GoTo Gojek's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoTo Gojek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoTo Gojek 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 Institutions
Shares Owned By Institutions Comparative Analysis
GoTo Gojek is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
GoTo Gojek Tokopedia 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 GoTo Gojek stock to make a market-neutral strategy. Peer analysis of GoTo Gojek could also be used in its relative valuation, which is a method of valuing GoTo Gojek by comparing valuation metrics with similar companies.
Peers
GoTo Gojek Related Equities
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| BUKA | PT Bukalapak | 0.73 | ||||
| MDKA | Merdeka Copper | 0.49 | ||||
| ADMR | Adaro Minerals | 1.37 | ||||
| ARTO | Bank Artos | 1.94 |
Other Information on Investing in GoTo Stock
GoTo Gojek financial ratios help investors to determine whether GoTo 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 GoTo with respect to the benefits of owning GoTo Gojek security.