Asure Misses Q3 Revenue Estimates, Stock Drops 18.4
| NQROBO Index | 1,599 64.05 3.85% |
About 61% of Nasdaq CTA's investor base is looking to short. The analysis of the overall investor sentiment regarding Nasdaq CTA Artificial suggests that many traders are alarmed. The current market sentiment, together with Nasdaq CTA's historical and current headlines, can help investors time the market. In addition, many technical investors use Nasdaq CTA Artificial index news signals to limit their universe of possible portfolio assets.
Online payroll and human resource software provider Asure fell short of the markets revenue expectations in Q3 CY2024, with sales flat year on year at 29.3 million. Next quarters revenue guidance of 31 million underwhelmed, coming in 9.7 percent below analysts estimates. Its GAAP loss of 0.15 per share was also 257 percent below analysts consensus estimates.
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Nasdaq CTA Artificial 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 Nasdaq CTA index to make a market-neutral strategy. Peer analysis of Nasdaq CTA could also be used in its relative valuation, which is a method of valuing Nasdaq CTA by comparing valuation metrics with similar companies.
Peers
Nasdaq CTA Related Equities
| MCHX | Marchex | 2.91 | ||||
| ADUS | Addus HomeCare | 0.25 | ||||
| JBGS | JBG SMITH | 0.84 | ||||
| BSET | Bassett Furniture | 1.48 | ||||
| BOC | Boston Omaha | 1.55 | ||||
| EVC | Entravision Communications | 2.88 | ||||
| GLBE | Global E | 3.87 | ||||
| HOFT | Hooker Furniture | 8.58 |