Silver Touch Technologies Reports Strong Financial Performance in Q2 2024. Debtors Turnover Ratio at 5-Year High. - MarketsMojo
| REDINGTON | 191.23 3.46 1.78% |
Slightly above 62% of Redington's investor base is looking to short. The analysis of overall sentiment of trading Redington Limited stock suggests that many investors are alarmed at this time. Redington's investing sentiment can be driven by a variety of factors including economic data, Redington's earnings reports, geopolitical events, and overall market trends.
Redington |
Silver Touch Technologies Reports Strong Financial Performance in Q2 2024. Debtors Turnover Ratio at 5-Year High. MarketsMojo
Read at news.google.com
 |
Redington Fundamental Analysis
We analyze Redington's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Redington using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Redington 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.
EBITDA
EBITDA Comparative Analysis
Redington is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Redington Limited 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 Redington stock to make a market-neutral strategy. Peer analysis of Redington could also be used in its relative valuation, which is a method of valuing Redington by comparing valuation metrics with similar companies.
Peers
Redington Related Equities
| HOMEFIRST | Home First | 5.23 | ||||
| SILVERTUC | Silver Touch | 0.58 | ||||
| EMBASSY | EMBASSY OFFICE | 0.03 | ||||
| PRAXIS | Praxis Home | 0.40 | ||||
| JUBLFOOD | Jubilant Foodworks | 0.77 | ||||
| APEX | Apex Frozen | 4.69 |
Additional Tools for Redington Stock Analysis
When running Redington's price analysis, check to measure Redington'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 Redington is operating at the current time. Most of Redington's value examination focuses on studying past and present price action to predict the probability of Redington's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redington's price. Additionally, you may evaluate how the addition of Redington to your portfolios can decrease your overall portfolio volatility.