Open Text Co. Shares Acquired by Meritage ... - MarketBeat
| 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 Co. Shares Acquired by Meritage ... MarketBeat
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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.
Retained Earnings
Retained Earnings Comparative Analysis
Open Text is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.