Resmed CDI stock and Woolworths Group Ltd shares are 2 ASX shares to watch - Rask Media
WWR Stock | EUR 18.40 0.10 0.54% |
Roughly 62% of Woolworths Group's investor base is looking to short. The analysis of current outlook of investing in Woolworths Group Limited suggests that many traders are alarmed regarding Woolworths Group's prospects. The current market sentiment, together with Woolworths Group's historical and current headlines, can help investors time the market. In addition, many technical investors use Woolworths Group stock news signals to limit their universe of possible portfolio assets.
Woolworths Group stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Woolworths daily returns and investor perception about the current price of Woolworths Group Limited as well as its diversification or hedging effects on your existing portfolios.
Woolworths |
Resmed CDI stock and Woolworths Group Ltd shares are 2 ASX shares to watch Rask Media
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Woolworths Group Fundamental Analysis
We analyze Woolworths Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Woolworths Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Woolworths Group 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
Woolworths Group 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.
Woolworths Group 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 Woolworths Group stock to make a market-neutral strategy. Peer analysis of Woolworths Group could also be used in its relative valuation, which is a method of valuing Woolworths Group by comparing valuation metrics with similar companies.
Peers
Woolworths Group Related Equities
AFG | AM EAGLE | 3.43 | ||||
UWV | WT OFFSHORE | 2.79 | ||||
51KB | AVITA Medical | 0.85 | ||||
8HH | Avanos Medical | 0.56 | ||||
SZL | Solstad Offshore | 0.57 | ||||
S5H0 | SIEM OFFSHORE | 2.00 | ||||
K41 | SCANDMEDICAL SOLDK-040 | 2.47 |
Complementary Tools for Woolworths Stock analysis
When running Woolworths Group's price analysis, check to measure Woolworths Group'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 Woolworths Group is operating at the current time. Most of Woolworths Group's value examination focuses on studying past and present price action to predict the probability of Woolworths Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woolworths Group's price. Additionally, you may evaluate how the addition of Woolworths Group to your portfolios can decrease your overall portfolio volatility.
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