Sportradar Reports Third Quarter 2024 Financial Results and Further Raises Full Year 2024 Outlook
| SRAD Stock | USD 17.13 0.07 0.41% |
About 50% of Sportradar Group's shareholders are presently thinking to get in. The analysis of overall sentiment of trading Sportradar Group AG stock suggests that some investors are interested at this time. The current market sentiment, together with Sportradar Group's historical and current headlines, can help investors time the market. In addition, many technical investors use Sportradar Group stock news signals to limit their universe of possible portfolio assets.
Sportradar |
Third Quarter 2024 Highlights Revenue increased 27 percent to 255 millionProfit for the period increased 33 million to 37 million and expanded to 14.5 percent as a...
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Sportradar Group Fundamental Analysis
We analyze Sportradar Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sportradar Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sportradar Group 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.
Shares Outstanding
Shares Outstanding Comparative Analysis
Sportradar Group is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Sportradar 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 Sportradar Group stock to make a market-neutral strategy. Peer analysis of Sportradar Group could also be used in its relative valuation, which is a method of valuing Sportradar Group by comparing valuation metrics with similar companies.
Peers
Sportradar Group Related Equities
| PCOR | Procore Technologies | 1.48 | ||||
| PYCR | Paycor HCM | 0.67 | ||||
| ETWO | E2open Parent | 0.33 | ||||
| ENV | Envestnet | 0.00 | ||||
| APPF | Appfolio | 0.23 | ||||
| CCRD | CoreCard Corp | 0.56 | ||||
| BRZE | Braze | 0.72 | ||||
| ALKT | Alkami Technology | 1.03 | ||||
| ENFN | Enfusion | 1.09 | ||||
| MLNK | Meridianlink | 1.16 | ||||
| GWRE | Guidewire Software | 1.26 | ||||
| AGYS | Agilysys | 2.78 | ||||
| CWAN | Clearwater Analytics | 3.23 |
Complementary Tools for Sportradar Stock analysis
When running Sportradar Group's price analysis, check to measure Sportradar Group'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 Sportradar Group is operating at the current time. Most of Sportradar Group's value examination focuses on studying past and present price action to predict the probability of Sportradar Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sportradar Group's price. Additionally, you may evaluate how the addition of Sportradar Group to your portfolios can decrease your overall portfolio volatility.
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