This chart shows how AI hype has taken over the stock market as companies try to cash in on the frenzy - Business Insider Africa
PIK Stock | EUR 1.58 0.01 0.64% |
Roughly 50% of Pick N's stockholders are presently thinking to get in. The analysis of current outlook of investing in Pick n Pay suggests that some traders are interested regarding Pick N's prospects. The current market sentiment, together with Pick N's historical and current headlines, can help investors time the market. In addition, many technical investors use Pick n Pay stock news signals to limit their universe of possible portfolio assets.
Pick N stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Pick daily returns and investor perception about the current price of Pick n Pay as well as its diversification or hedging effects on your existing portfolios.
Pick |
This chart shows how AI hype has taken over the stock market as companies try to cash in on the frenzy Business Insider Africa
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Pick N Fundamental Analysis
We analyze Pick N's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pick N using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pick N 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
Pick N 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.
Pick n Pay 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 Pick N stock to make a market-neutral strategy. Peer analysis of Pick N could also be used in its relative valuation, which is a method of valuing Pick N by comparing valuation metrics with similar companies.
Peers
Pick N Related Equities
3FNA | ADRIATIC METALS | 0.82 |
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H0O | REVO INSURANCE | 0.90 |
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59M | MSAD INSURANCE | 0.92 |
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D1LN | Direct Line | 0.99 |
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8ZI | Scandinavian Tobacco | 2.91 |
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LY1 | LION ONE | 5.88 |
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Complementary Tools for Pick Stock analysis
When running Pick N's price analysis, check to measure Pick N'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 Pick N is operating at the current time. Most of Pick N's value examination focuses on studying past and present price action to predict the probability of Pick N's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pick N's price. Additionally, you may evaluate how the addition of Pick N to your portfolios can decrease your overall portfolio volatility.
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