Quipt Home Medical Initiates Share Buyback Plan - TipRanks.com - TipRanks
| QIPT Stock | 3.56 0.13 3.79% |
About 55% of Quipt Home's investors are presently thinking to get in. The analysis of overall sentiment of trading Quipt Home Medical stock suggests that some investors are interested at this time. Quipt Home's investing sentiment overview a quick insight into current market opportunities from investing in Quipt Home Medical. Many technical investors use Quipt Home Medical stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Quipt |
Quipt Home Medical Initiates Share Buyback Plan - TipRanks.com TipRanks
Read at news.google.com
 |
Quipt Home Fundamental Analysis
We analyze Quipt Home's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quipt Home using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quipt Home 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
Quipt Home 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.
Quipt Home Medical 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 Quipt Home stock to make a market-neutral strategy. Peer analysis of Quipt Home could also be used in its relative valuation, which is a method of valuing Quipt Home by comparing valuation metrics with similar companies.
Peers
Quipt Home Related Equities
| GFR | Greenfire Resources | 0.29 | ||||
| ORC-A | Orca Energy | 0.00 | ||||
| CCL-A | CCL Industries | 0.04 | ||||
| RCI-A | Rogers Communications | 2.55 | ||||
| ARA | Aclara Resources | 4.65 |
Check out Quipt Home Hype Analysis, Quipt Home Correlation and Quipt Home Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.