SGH Reports Third Quarter Fiscal 2023 Financial Results

MFDelisted Stock  USD 0.48  0.00  0.00%   
Roughly 56% of Missfresh's investor base is looking to short. The analysis of current outlook of investing in Missfresh Ltd ADR suggests that many traders are alarmed regarding Missfresh's prospects. The current market sentiment, together with Missfresh's historical and current headlines, can help investors time the market. In addition, many technical investors use Missfresh ADR stock news signals to limit their universe of possible portfolio assets.
  
SMART Global Holdings today reported financial results for third quarter FY2023 with strong operating results and record cash and equivalents.

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Missfresh Fundamental Analysis

We analyze Missfresh's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Missfresh using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Missfresh 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.

Book Value Per Share

Book Value Per Share Comparative Analysis

Missfresh is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Missfresh ADR 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 Missfresh stock to make a market-neutral strategy. Peer analysis of Missfresh could also be used in its relative valuation, which is a method of valuing Missfresh by comparing valuation metrics with similar companies.

Peers

Missfresh Related Equities

NGVCNatural Grocers   1.80   
0%
15.0%
CRERFCarrefour   1.60   
0%
14.0%
CRRFYCarrefour   1.05   
0%
9.0%
TSCDYTesco PLC   0.86   
0%
7.0%
SFMSprouts Farmers   0.13   
0%
1.0%
DFILFDairy Farm   0.00   
0%
0%
WOLWFWoolworths Group   0.00   
0%
0%
KKOYYKesko Oyj   0.10   
1.0%
0%
ACIAlbertsons Companies   0.16   
1.0%
0%
IMKTAIngles Markets   0.50   
4.0%
0%
GOGrocery Outlet   0.56   
4.0%
0%
ASAISendas Distribuidora   1.30   
11.0%
0%
DNUTKrispy Kreme   1.47   
13.0%
0%
OCDGFOcado Group   3.80   
33.0%
0%
JSNSFJ Sainsbury   11.27   
100.0%
0%
Check out Correlation 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Other Consideration for investing in Missfresh Stock

If you are still planning to invest in Missfresh ADR 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 Missfresh's history and understand the potential risks before investing.
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