South African rand flat against dollar stocks rise - Reuters
RWWI Stock | USD 20.99 0.02 0.1% |
Under 55% of Rand Worldwide's investor base is interested to short. The analysis of overall sentiment of trading Rand Worldwide pink sheet suggests that many investors are impartial at this time. Rand Worldwide's investing sentiment shows overall attitude of investors towards Rand Worldwide.
Rand |
South African rand flat against dollar stocks rise Reuters
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Rand Worldwide Fundamental Analysis
We analyze Rand Worldwide's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rand Worldwide using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rand Worldwide 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Rand Worldwide is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Rand Worldwide 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 Rand Worldwide pink sheet to make a market-neutral strategy. Peer analysis of Rand Worldwide could also be used in its relative valuation, which is a method of valuing Rand Worldwide by comparing valuation metrics with similar companies.
Peers
Rand Worldwide Related Equities
TWI | Titan International | 4.16 | ||||
NKLA | Nikola Corp | 1.27 | ||||
DE | Deere | 0.92 | ||||
CAT | Caterpillar | 0.12 | ||||
WNC | Wabash National | 0.79 | ||||
LEV | Lion Electric | 6.94 |
Complementary Tools for Rand Pink Sheet analysis
When running Rand Worldwide's price analysis, check to measure Rand Worldwide'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 Rand Worldwide is operating at the current time. Most of Rand Worldwide's value examination focuses on studying past and present price action to predict the probability of Rand Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rand Worldwide's price. Additionally, you may evaluate how the addition of Rand Worldwide to your portfolios can decrease your overall portfolio volatility.
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