Purchase by Daniel Jones of 5733 shares of SeqLL
WIREDelisted Stock | USD 289.84 0.00 0.00% |
About 56% of Encore Wire's investor base is looking to short. The analysis of current outlook of investing in Encore Wire suggests that many traders are alarmed regarding Encore Wire's prospects. The current market sentiment, together with Encore Wire's historical and current headlines, can help investors time the market. In addition, many technical investors use Encore Wire stock news signals to limit their universe of possible portfolio assets.
Encore |
Filed transaction by Seqll Inc director. General open market or private purchase of non-derivative or derivative security
Read at macroaxis.com
Encore Wire Fundamental Analysis
We analyze Encore Wire's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Encore Wire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Encore Wire 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.
Cash Per Share
Cash Per Share Comparative Analysis
Encore Wire is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Encore Wire 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 Encore Wire stock to make a market-neutral strategy. Peer analysis of Encore Wire could also be used in its relative valuation, which is a method of valuing Encore Wire by comparing valuation metrics with similar companies.
Peers
Encore Wire Related Equities
NVT | NVent Electric | 2.31 | ||||
KE | Kimball Electronics | 1.03 | ||||
HUBB | Hubbell | 0.56 | ||||
VRT | Vertiv Holdings | 0.52 | ||||
ENS | Enersys | 0.42 | ||||
AEIS | Advanced Energy | 0.41 | ||||
AYI | Acuity Brands | 0.17 | ||||
ENR | Energizer Holdings | 0.39 |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Encore Stock
If you are still planning to invest in Encore Wire check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Encore Wire's history and understand the potential risks before investing.
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