The 3 Hottest Airline Stocks to Consider Before Summer Travel Starts to Sizzle
| MMYT Stock | USD 100.91 2.46 2.38% |
Slightly above 62% of MakeMyTrip's investor base is looking to short. The analysis of overall sentiment of trading MakeMyTrip Limited stock suggests that many investors are alarmed at this time. MakeMyTrip's investing sentiment can be driven by a variety of factors including economic data, MakeMyTrip's earnings reports, geopolitical events, and overall market trends.
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MakeMyTrip Fundamental Analysis
We analyze MakeMyTrip's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MakeMyTrip using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MakeMyTrip 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.
Current Liabilities
Current Liabilities Comparative Analysis
MakeMyTrip is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
MakeMyTrip Limited 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 MakeMyTrip stock to make a market-neutral strategy. Peer analysis of MakeMyTrip could also be used in its relative valuation, which is a method of valuing MakeMyTrip by comparing valuation metrics with similar companies.
Peers
MakeMyTrip Related Equities
| LIND | Lindblad Expeditions | 5.10 | ||||
| TRIP | TripAdvisor | 4.67 | ||||
| YTRA | Yatra Online | 3.66 | ||||
| TNL | Travel Leisure | 2.57 | ||||
| AMADF | Amadeus IT | 1.84 | ||||
| TUIFF | TUI AG | 0.00 | ||||
| ISPO | Inspirato | 2.00 | ||||
| TOUR | Tuniu Corp | 2.15 |
Additional Tools for MakeMyTrip Stock Analysis
When running MakeMyTrip's price analysis, check to measure MakeMyTrip'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 MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.