Are Investors Undervaluing Granite Construction Incorporated By 41?
Under 67% of Renavotio's investor base is looking to short. The analysis of current outlook of investing in Renavotio suggests that many traders are alarmed regarding Renavotio's prospects. Renavotio's investing sentiment shows overall attitude of investors towards Renavotio.
Renavotio |
Key Insights The projected fair value for Granite Construction is US166 based on 2 Stage Free Cash Flow to Equity...
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Renavotio Fundamental Analysis
We analyze Renavotio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renavotio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renavotio based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Return On Equity
Return On Equity Comparative Analysis
Renavotio is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Renavotio 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 Renavotio otc stock to make a market-neutral strategy. Peer analysis of Renavotio could also be used in its relative valuation, which is a method of valuing Renavotio by comparing valuation metrics with similar companies.
Peers
Renavotio Related Equities
| VCISY | Vinci SA | 1.07 | ||||
| TPC | Tutor Perini | 0.58 | ||||
| GLDD | Great Lakes | 0.45 | ||||
| GVA | Granite Construction | 0.25 | ||||
| MYRG | MYR | 0.07 | ||||
| COLDF | Cardno | 0.00 | ||||
| MTRX | Matrix Service | 0.78 | ||||
| ORN | Orion Group | 2.88 | ||||
| AGFY | Agrify Corp | 8.47 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Renavotio OTC Stock
If you are still planning to invest in Renavotio check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Renavotio's history and understand the potential risks before investing.
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