Ryde Overpriced Ride-Sharing Service Facing Intense Competition - Seeking Alpha
RYDE Stock | 0.41 0.02 4.65% |
About 62% of Ryde's investor base is looking to short. The analysis of overall sentiment of trading Ryde Group stock suggests that many investors are alarmed at this time. The current market sentiment, together with Ryde's historical and current headlines, can help investors time the market. In addition, many technical investors use Ryde Group stock news signals to limit their universe of possible portfolio assets.
Ryde |
Ryde Overpriced Ride-Sharing Service Facing Intense Competition Seeking Alpha
Read at news.google.com
Ryde Fundamental Analysis
We analyze Ryde's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ryde using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ryde 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.
Total Debt
Total Debt Comparative Analysis
Ryde is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Ryde 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 Ryde stock to make a market-neutral strategy. Peer analysis of Ryde could also be used in its relative valuation, which is a method of valuing Ryde by comparing valuation metrics with similar companies.
Peers
Ryde Related Equities
FOSL | Fossil | 4.93 | ||||
ASO | Academy Sports | 1.75 | ||||
PTEN | Patterson UTI | 1.44 | ||||
RYAAY | Ryanair Holdings | 1.25 | ||||
SDRL | Seadrill | 0.90 | ||||
CNLFF | Canlan Ice | 0.00 | ||||
NE | Noble Plc | 0.48 |
Complementary Tools for Ryde Stock analysis
When running Ryde's price analysis, check to measure Ryde'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 Ryde is operating at the current time. Most of Ryde's value examination focuses on studying past and present price action to predict the probability of Ryde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryde's price. Additionally, you may evaluate how the addition of Ryde to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |