Positive Signal Joseph B Hayek Shows Faith, Buying 100K In Worthington Enterprises Stock
| WOR Stock | USD 40.86 0.05 0.12% |
Slightly above 62% of Worthington Industries' investor base is looking to short. The current sentiment regarding investing in Worthington Industries stock implies that many traders are alarmed. Worthington Industries' investing sentiment overview a quick insight into current market opportunities from investing in Worthington Industries. Many technical investors use Worthington Industries stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Worthington Industries Fundamental Analysis
We analyze Worthington Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Worthington Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Worthington Industries 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.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
Worthington Industries is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Worthington Industries 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 Worthington Industries stock to make a market-neutral strategy. Peer analysis of Worthington Industries could also be used in its relative valuation, which is a method of valuing Worthington Industries by comparing valuation metrics with similar companies.
Peers
Worthington Industries Related Equities
| MLI | Mueller Industries | 4.89 | ||||
| ATI | Allegheny Technologies | 0.71 | ||||
| MEC | Mayville Engineering | 0.41 | ||||
| NWPX | Northwest Pipe | 0.22 | ||||
| CRS | Carpenter Technology | 0.38 | ||||
| IIIN | Insteel Industries | 0.71 | ||||
| ESAB | ESAB Corp | 0.95 | ||||
| RYI | Ryerson Holding | 1.71 |
Additional Tools for Worthington Stock Analysis
When running Worthington Industries' price analysis, check to measure Worthington Industries' 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 Worthington Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.