Avalanche Rebounds Eyes 29.35 Breakout And Further Gains
| RSI Stock | USD 11.50 0.32 2.71% |
Under 62% of Rush Street's investor base is looking to short. The analysis of overall sentiment of trading Rush Street Interactive stock suggests that many investors are alarmed at this time. Rush Street's investing sentiment shows overall attitude of investors towards Rush Street Interactive.
Avalanche has regained traction, showing signs of a potential bullish resurgence as it approaches a key resistance level at 29.35.
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Rush Street Fundamental Analysis
We analyze Rush Street's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rush Street using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rush Street 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.
Current Valuation
Current Valuation Comparative Analysis
Rush Street is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Rush Street Interactive 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 Rush Street stock to make a market-neutral strategy. Peer analysis of Rush Street could also be used in its relative valuation, which is a method of valuing Rush Street by comparing valuation metrics with similar companies.
Peers
Rush Street Related Equities
| HIMS | Hims Hers | 18.12 | ||||
| GAN | Gan | 0.56 | ||||
| GENI | Genius Sports | 0.36 | ||||
| BALY | Ballys Corp | 3.47 |
Complementary Tools for Rush Stock analysis
When running Rush Street's price analysis, check to measure Rush Street'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 Rush Street is operating at the current time. Most of Rush Street's value examination focuses on studying past and present price action to predict the probability of Rush Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rush Street's price. Additionally, you may evaluate how the addition of Rush Street to your portfolios can decrease your overall portfolio volatility.
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