Open Text Corp. stock rises Thursday, outperforms market - MarketWatch
| OTEX Stock | CAD 42.33 1.16 2.82% |
About 55% of Open Text's investors are presently thinking to get in. The analysis of the overall prospects from investing in Open Text Corp suggests that some traders are, at the present time, interested. Open Text's investing sentiment overview a quick insight into current market opportunities from investing in Open Text Corp. Many technical investors use Open Text Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Open Text Corp. stock rises Thursday, outperforms market MarketWatch
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Open Text Fundamental Analysis
We analyze Open Text's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Open Text using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Open Text 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.
Revenue
Revenue Comparative Analysis
Open Text is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Open Text 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 Open Text stock to make a market-neutral strategy. Peer analysis of Open Text could also be used in its relative valuation, which is a method of valuing Open Text by comparing valuation metrics with similar companies.
Peers
Open Text Related Equities
| QST | Questor Technology | 3.70 | ||||
| PMZ-UN | Primaris Retail | 0.19 | ||||
| CSOC-A | Canso Select | 0.00 | ||||
| PLZ-UN | Plaza Retail | 0.27 | ||||
| FTG | Firan Technology | 1.33 | ||||
| CTS | Converge Technology | 1.46 |
Check out Open Text Hype Analysis, Open Text Correlation and Open Text Performance. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.