WSP Globals investors will be pleased with their splendid 221 percent return over the last five years - Simply Wall St
| WSP Stock | CAD 248.97 2.38 0.97% |
About 61% of WSP Global's investor base is looking to short. The current sentiment regarding investing in WSP Global stock implies that many traders are alarmed. WSP Global's investing sentiment overview a quick insight into current market opportunities from investing in WSP Global. Many technical investors use WSP Global stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
WSP |
WSP Globals investors will be pleased with their splendid 221 percent return over the last five years Simply Wall St
Read at news.google.com
 |
WSP Global Fundamental Analysis
We analyze WSP Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WSP Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WSP Global 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
WSP Global 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.
WSP Global 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 WSP Global stock to make a market-neutral strategy. Peer analysis of WSP Global could also be used in its relative valuation, which is a method of valuing WSP Global by comparing valuation metrics with similar companies.
Peers
WSP Global Related Equities
| TFII | TFI International | 1.36 | ||||
| GIB-A | CGI | 0.52 | ||||
| WCN | Waste Connections | 0.22 | ||||
| STN | Stantec | 0.17 |
Other Information on Investing in WSP Stock
WSP Global financial ratios help investors to determine whether WSP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WSP with respect to the benefits of owning WSP Global security.