Veridis Environment Third Quarter 2023 Earnings 0.14 loss per share - Simply Wall St
VRDS Stock | 2,367 38.00 1.58% |
About 62% of Veridis Environment's investor base is looking to short. The analysis of current outlook of investing in Veridis Environment suggests that many traders are alarmed regarding Veridis Environment's prospects. The current market sentiment, together with Veridis Environment's historical and current headlines, can help investors time the market. In addition, many technical investors use Veridis Environment stock news signals to limit their universe of possible portfolio assets.
Veridis |
Veridis Environment Third Quarter 2023 Earnings 0.14 loss per share Simply Wall St
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Veridis Environment Fundamental Analysis
We analyze Veridis Environment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Veridis Environment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Veridis Environment 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.
Z Score
Z Score Comparative Analysis
Veridis Environment is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Veridis Environment 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 Veridis Environment stock to make a market-neutral strategy. Peer analysis of Veridis Environment could also be used in its relative valuation, which is a method of valuing Veridis Environment by comparing valuation metrics with similar companies.
Peers
Veridis Environment Related Equities
ENRG | Energix Renewable | 0.78 |
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OPCE | OPC Energy | 1.26 |
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ENLT | Enlight Renewable | 1.53 |
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ALHE | Alony Hetz | 1.68 |
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DLEA | Delek Automotive | 2.94 |
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Complementary Tools for Veridis Stock analysis
When running Veridis Environment's price analysis, check to measure Veridis Environment'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 Veridis Environment is operating at the current time. Most of Veridis Environment's value examination focuses on studying past and present price action to predict the probability of Veridis Environment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veridis Environment's price. Additionally, you may evaluate how the addition of Veridis Environment to your portfolios can decrease your overall portfolio volatility.
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