2023-10-10 TSXX Press Release TMX Group Ltd - Stockhouse Publishing
| X Stock | CAD 44.40 0.16 0.36% |
About 54% of TMX Group's investor base is interested to short. The analysis of the overall investor sentiment regarding TMX Group Limited suggests that many traders are impartial. TMX Group's investing sentiment overview a quick insight into current market opportunities from investing in TMX Group Limited. Many technical investors use TMX Group Limited stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
TMX |
2023-10-10 TSXX Press Release TMX Group Ltd Stockhouse Publishing
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TMX Group Fundamental Analysis
We analyze TMX Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TMX Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TMX 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.
Working Capital
Working Capital Comparative Analysis
TMX Group is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
TMX Group Limited 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 TMX Group stock to make a market-neutral strategy. Peer analysis of TMX Group could also be used in its relative valuation, which is a method of valuing TMX Group by comparing valuation metrics with similar companies.
Peers
TMX Group Related Equities
| HD | HOME DEPOT | 1.09 | ||||
| SVI | Storage Vault | 0.24 | ||||
| PPL | Pembina Pipeline | 0.12 | ||||
| EFN | Element Fleet | 0.37 | ||||
| AKT-A | AKITA Drilling | 1.84 | ||||
| EDY | Eddy Smart | 3.85 | ||||
| OGD | Orbit Garant | 6.98 |
Other Information on Investing in TMX Stock
TMX Group financial ratios help investors to determine whether TMX 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 TMX with respect to the benefits of owning TMX Group security.