SiriusPoint Ltd Reports Q3 Net Income of 5 Million, EPS at 0. ...
Net Income Achieved 5 million in Q3, with underlying net income of 89 million, marking a 69 percent increase year-over-year.Combined Ratio Improved to 88.5 percent for t
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Horizon Offshore 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 Horizon Offshore stock to make a market-neutral strategy. Peer analysis of Horizon Offshore could also be used in its relative valuation, which is a method of valuing Horizon Offshore by comparing valuation metrics with similar companies.
Peers
Horizon Offshore Related Equities
| CPAC | Cementos Pacasmayo | 1.59 | ||||
| APGE | Apogee Therapeutics, | 1.01 | ||||
| PRIM | Primoris Services | 0.65 | ||||
| ABCL | Abcellera Biologics | 0.33 | ||||
| ARDX | Ardelyx | 0.35 | ||||
| GTLS | Chart Industries | 1.20 | ||||
| BNTX | BioNTech | 1.93 | ||||
| CMRX | Chimerix | 3.30 |
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 census. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Horizon Stock
If you are still planning to invest in Horizon Offshore 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 Horizon Offshore's history and understand the potential risks before investing.
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