JELD-WEN Holding Inc Q3 2024 Earnings Report Preview What to Expect
JELD Stock | USD 5.94 0.23 3.73% |
About 61% of Jeld Wen's investor base is looking to short. The analysis of overall sentiment of trading Jeld Wen Holding stock suggests that many investors are alarmed at this time. The current market sentiment, together with Jeld Wen's historical and current headlines, can help investors time the market. In addition, many technical investors use Jeld Wen Holding stock news signals to limit their universe of possible portfolio assets.
Jeld |
JELD-WEN Holding Inc is set to release its Q3 2024 earnings on Nov 4, 2024. The consensus estimate for Q3 2024 revenue is 990.75 million, and the earnin
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Jeld Wen Fundamental Analysis
We analyze Jeld Wen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jeld Wen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jeld Wen 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
Jeld Wen 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.
Jeld Wen Holding 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 Jeld Wen stock to make a market-neutral strategy. Peer analysis of Jeld Wen could also be used in its relative valuation, which is a method of valuing Jeld Wen by comparing valuation metrics with similar companies.
Peers
Jeld Wen Related Equities
ROCK | Gibraltar Industries | 0.60 |
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AWI | Armstrong World | 1.64 |
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NX | Quanex Building | 1.69 |
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APOG | Apogee Enterprises | 1.69 |
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PPIH | Perma Pipe | 1.81 |
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JBI | Janus International | 2.62 |
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TILE | Interface | 3.55 |
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Complementary Tools for Jeld Stock analysis
When running Jeld Wen's price analysis, check to measure Jeld Wen'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 Jeld Wen is operating at the current time. Most of Jeld Wen's value examination focuses on studying past and present price action to predict the probability of Jeld Wen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jeld Wen's price. Additionally, you may evaluate how the addition of Jeld Wen to your portfolios can decrease your overall portfolio volatility.
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