Stingray Group Hits New 1-Year High at 6.92 - MarketBeat
| STGYF Stock | USD 5.69 0.14 2.40% |
Roughly 62% of Stingray's investor base is looking to short. The analysis of overall sentiment of trading Stingray Group pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Stingray's historical and current headlines, can help investors time the market. In addition, many technical investors use Stingray Group stock news signals to limit their universe of possible portfolio assets.
Stingray pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Stingray daily returns and investor perception about the current price of Stingray Group as well as its diversification or hedging effects on your existing portfolios.
Stingray |
Stingray Group Hits New 1-Year High at 6.92 MarketBeat
Read at news.google.com
 |
Stingray Fundamental Analysis
We analyze Stingray's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stingray using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stingray 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.
Beta
Beta Comparative Analysis
Stingray is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Stingray 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 Stingray pink sheet to make a market-neutral strategy. Peer analysis of Stingray could also be used in its relative valuation, which is a method of valuing Stingray by comparing valuation metrics with similar companies.
Peers
Stingray Related Equities
| KVHI | KVH Industries | 4.38 | ||||
| ALNT | Allient | 2.93 | ||||
| NN | Nextnav Acquisition | 1.70 | ||||
| PLTK | Playtika Holding | 1.06 | ||||
| PLXS | Plexus Corp | 0.38 | ||||
| MSN | Emerson Radio | 6.52 |
Complementary Tools for Stingray Pink Sheet analysis
When running Stingray's price analysis, check to measure Stingray'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 Stingray is operating at the current time. Most of Stingray's value examination focuses on studying past and present price action to predict the probability of Stingray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stingray's price. Additionally, you may evaluate how the addition of Stingray to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |