PennantPark Investment Corporation Announces Financial Results for the Fourth Quarter andFiscal Year Ended September 30, 2024 and Upsize of Joint Venture
About 67% of Modern Technology's investor base is looking to short. The analysis of current outlook of investing in Modern Technology Corp suggests that many traders are alarmed regarding Modern Technology's prospects. The current market sentiment, together with Modern Technology's historical and current headlines, can help investors time the market. In addition, many technical investors use Modern Technology Corp stock news signals to limit their universe of possible portfolio assets.
Modern |
Explanatory Note PennantPark Investment Corporation is updating the press release issued by the Company on November 25, 2024 to correct...
Read at globenewswire.com
 |
Modern Technology Fundamental Analysis
We analyze Modern Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Modern Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Modern Technology 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
Modern Technology 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.
Modern Technology Corp 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 Modern Technology stock to make a market-neutral strategy. Peer analysis of Modern Technology could also be used in its relative valuation, which is a method of valuing Modern Technology by comparing valuation metrics with similar companies.
Peers
Modern Technology Related Equities
| JETMF | Global Crossing | 14.06 | ||||
| VALN | Valneva SE | 10.10 | ||||
| REGN | Regeneron Pharmaceuticals | 1.48 | ||||
| APGE | Apogee Therapeutics, | 2.68 | ||||
| VLRS | Volaris | 3.08 | ||||
| UAL | United Airlines | 3.25 | ||||
| SNDA | Sonida Senior | 3.27 | ||||
| ELALF | El Al | 4.31 |
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 unemployment. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Modern Stock
If you are still planning to invest in Modern Technology Corp 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 Modern Technology's history and understand the potential risks before investing.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |