CHS Reports Fiscal Year 2024 Net Income of 1.1 Billion
WSTGDelisted Stock | USD 31.53 0.82 2.53% |
Roughly 61% of Wayside Technology's investor base is looking to short. The analysis of current outlook of investing in Wayside Technology Group suggests that many traders are alarmed regarding Wayside Technology's prospects. The current market sentiment, together with Wayside Technology's historical and current headlines, can help investors time the market. In addition, many technical investors use Wayside Technology stock news signals to limit their universe of possible portfolio assets.
Wayside |
CHS Inc. reported net income of 1.1 billion for the fiscal year ended Aug. 31, 2024, compared to 1.9 billion for fiscal year 2023.
Read at businesswire.com
Wayside Technology Fundamental Analysis
We analyze Wayside Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wayside Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wayside Technology 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.
Price To Book
Price To Book Comparative Analysis
Wayside Technology is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Wayside Technology 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 Wayside Technology stock to make a market-neutral strategy. Peer analysis of Wayside Technology could also be used in its relative valuation, which is a method of valuing Wayside Technology by comparing valuation metrics with similar companies.
Peers
Wayside Technology Related Equities
NN | Nextnav Acquisition | 4.17 | ||||
NNAVW | NextNav Warrant | 3.61 | ||||
WM | Waste Management | 0.44 | ||||
FDUS | Fidus Investment | 0.1 | ||||
BELFA | Bel Fuse | 0.03 | ||||
ARW | Arrow Electronics | 1.22 |
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 estimate. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Wayside Stock
If you are still planning to invest in Wayside Technology 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 Wayside Technology's history and understand the potential risks before investing.
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