Patrick Triggs Purchases 562000 Shares of Happy Creek Minerals Ltd. Stock - Defense World
| HPY Stock | CAD 0.04 0.01 25.00% |
Slightly above 60% of Happy Creek's investor base is looking to short. The current sentiment regarding investing in Happy Creek Minerals stock implies that many traders are alarmed. Happy Creek's investing sentiment can be driven by a variety of factors including economic data, Happy Creek's earnings reports, geopolitical events, and overall market trends.
Happy Creek stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Happy daily returns and investor perception about the current price of Happy Creek Minerals as well as its diversification or hedging effects on your existing portfolios.
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Patrick Triggs Purchases 562000 Shares of Happy Creek Minerals Ltd. Stock Defense World
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Happy Creek Fundamental Analysis
We analyze Happy Creek's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Happy Creek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Happy Creek 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.
Beta
Beta Comparative Analysis
Happy Creek is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Happy Creek Minerals 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 Happy Creek stock to make a market-neutral strategy. Peer analysis of Happy Creek could also be used in its relative valuation, which is a method of valuing Happy Creek by comparing valuation metrics with similar companies.
Peers
Happy Creek Related Equities
| VZ | Verizon Communications | 0.22 |
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| ICE | Canlan Ice | 0.24 |
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| NOA | North American | 0.34 |
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| RCI-A | Rogers Communications | 0.94 |
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| DBM | Doman Building | 1.45 |
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| ISC | Information Services | 1.97 |
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Additional Tools for Happy Stock Analysis
When running Happy Creek's price analysis, check to measure Happy Creek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Happy Creek is operating at the current time. Most of Happy Creek's value examination focuses on studying past and present price action to predict the probability of Happy Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Happy Creek's price. Additionally, you may evaluate how the addition of Happy Creek to your portfolios can decrease your overall portfolio volatility.