Tencent Music Entertainment Group Shares Gap Down Should You Sell?
| PGRU Stock | USD 6.64 0.01 0.15% |
Slightly above 61% of PropertyGuru's investor base is looking to short. The analysis of overall sentiment of trading PropertyGuru Group stock suggests that many investors are alarmed at this time. PropertyGuru's investing sentiment can be driven by a variety of factors including economic data, PropertyGuru's earnings reports, geopolitical events, and overall market trends.
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Tencent Music Entertainment Group gapped down before the market opened on Tuesday . The stock had previously closed at 11.55, but opened at 10.78. Tencent Music Entertainment Group shares last traded at 10.76, with a volume of 2,601,658 shares trading hands. Analyst Ratings Changes Several equities research analysts recently issued
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PropertyGuru Fundamental Analysis
We analyze PropertyGuru's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PropertyGuru using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PropertyGuru 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
PropertyGuru is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
PropertyGuru Group 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 PropertyGuru stock to make a market-neutral strategy. Peer analysis of PropertyGuru could also be used in its relative valuation, which is a method of valuing PropertyGuru by comparing valuation metrics with similar companies.
Peers
PropertyGuru Related Equities
| DOYU | DouYu International | 14.40 | ||||
| CMCM | Cheetah Mobile | 11.80 | ||||
| SEAT | Vivid Seats | 3.47 | ||||
| ATHM | Autohome | 1.78 | ||||
| SCOR | Comscore | 1.58 | ||||
| WB | Weibo Corp | 1.48 | ||||
| EVER | EverQuote | 0.16 | ||||
| TME | Tencent Music | 0.87 | ||||
| AREN | Arena Group | 1.32 | ||||
| MAX | MediaAlpha | 2.02 | ||||
| THRY | Thryv Holdings | 3.48 |
Additional Tools for PropertyGuru Stock Analysis
When running PropertyGuru's price analysis, check to measure PropertyGuru'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 PropertyGuru is operating at the current time. Most of PropertyGuru's value examination focuses on studying past and present price action to predict the probability of PropertyGuru's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PropertyGuru's price. Additionally, you may evaluate how the addition of PropertyGuru to your portfolios can decrease your overall portfolio volatility.