Sportradar Group Given Buy Rating at Needham Company LLC

SRAD Stock  USD 17.73  0.23  1.31%   
About 62% of all Sportradar Group's shareholders are looking to take a long position. The analysis of the overall prospects from investing in Sportradar Group AG suggests that some traders are, at the present time, interested. 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.
  
Needham Company LLC reissued their buy rating on shares of Sportradar Group in a research report report published on Thursday,Benzinga reports. They currently have a 16.00 price target on the stock. Several other equities analysts have also recently commented on SRAD. Canaccord Genuity Group reissued a buy rating and issued

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Sportradar Group Current Investor Sentiment

Panic Vs Confidence

62

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Sportradar Group's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Sportradar Group AG.

Sportradar Group Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Sportradar Group can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Sportradar Group Historical Investor Sentiment

Investor biases related to Sportradar Group's public news can be used to forecast risks associated with an investment in Sportradar. The trend in average sentiment can be used to explain how an investor holding Sportradar can time the market purely based on public headlines and social activities around Sportradar Group AG. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sportradar Group's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sportradar Group and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Sportradar Group news discussions. The higher the estimate score, the more favorable the investor's outlook on Sportradar Group.

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.

Return On Equity

Return On Equity Comparative Analysis

Sportradar Group 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.

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

CCRDCoreCard Corp   5.68   
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100.0%
ALKTAlkami Technology   5.03   
0%
88.0%
AGYSAgilysys   4.17   
0%
73.0%
ENFNEnfusion   2.57   
0%
45.0%
APPFAppfolio   2.39   
0%
42.0%
MLNKMeridianlink   2.10   
0%
36.0%
PYCRPaycor HCM   2.04   
0%
35.0%
PCORProcore Technologies   1.93   
0%
33.0%
BRZEBraze   1.92   
0%
33.0%
GWREGuidewire Software   1.48   
0%
26.0%
ETWOE2open Parent   1.34   
0%
23.0%
CWANClearwater Analytics   0.60   
0%
10.0%
ENVEnvestnet   0.08   
0%
1.0%

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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