InvestmentPitch Media Video Features Victory Battery Metals Location in Middle of Major Emerging Lithium - Benzinga
| RAY-A Stock | CAD 7.97 0.01 0.13% |
Slightly above 55% of Stingray's investor base is interested to short. The current sentiment regarding investing in Stingray Group stock implies that many traders are impartial. Stingray's investing sentiment can be driven by a variety of factors including economic data, Stingray's earnings reports, geopolitical events, and overall market trends.
Stingray |
InvestmentPitch Media Video Features Victory Battery Metals Location in Middle of Major Emerging Lithium Benzinga
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Stingray Fundamental Analysis
We analyze Stingray's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stingray using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stingray 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.
Gross Profit
Gross Profit Comparative Analysis
Stingray is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Stingray 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 Stingray stock to make a market-neutral strategy. Peer analysis of Stingray could also be used in its relative valuation, which is a method of valuing Stingray by comparing valuation metrics with similar companies.
Peers
Stingray Related Equities
| SIS | Savaria | 1.05 | ||||
| TCS | TECSYS | 0.40 | ||||
| AND | Andlauer Healthcare | 0.32 | ||||
| FSZ | Fiera Capital | 0.31 | ||||
| QTRH | Quarterhill | 1.20 |
Additional Tools for Stingray Stock Analysis
When running Stingray's price analysis, check to measure Stingray'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 Stingray is operating at the current time. Most of Stingray's value examination focuses on studying past and present price action to predict the probability of Stingray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stingray's price. Additionally, you may evaluate how the addition of Stingray to your portfolios can decrease your overall portfolio volatility.