Zedcor Energy Inc. Reports Record Third Quarter - TipRanks
| ZDC Stock | CAD 3.43 0.10 3.00% |
Slightly above 55% of Zedcor Energy's sophisticated investors are presently thinking to get in. The analysis of overall sentiment of trading Zedcor Energy stock suggests that some investors are interested at this time. Zedcor Energy's investing sentiment can be driven by a variety of factors including economic data, Zedcor Energy's earnings reports, geopolitical events, and overall market trends.
Zedcor Energy stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Zedcor daily returns and investor perception about the current price of Zedcor Energy as well as its diversification or hedging effects on your existing portfolios.
Zedcor |
Zedcor Energy Inc. Reports Record Third Quarter TipRanks
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Zedcor Energy Fundamental Analysis
We analyze Zedcor Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zedcor Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zedcor Energy 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
Zedcor Energy 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.
Zedcor Energy 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 Zedcor Energy stock to make a market-neutral strategy. Peer analysis of Zedcor Energy could also be used in its relative valuation, which is a method of valuing Zedcor Energy by comparing valuation metrics with similar companies.
Peers
Zedcor Energy Related Equities
| RW | Renoworks Software | 3.23 | ||||
| ERE-UN | European Residential | 1.66 | ||||
| ALA-PA | Altagas Cum | 1.00 | ||||
| XEG | IShares SPTSX | 0.49 | ||||
| XHB | IShares Canadian | 0.15 | ||||
| RUDB | RBC Discount | 0.23 | ||||
| CTZ | NamSys | 1.83 | ||||
| BEW | Bewhere Holdings | 3.75 |
Additional Tools for Zedcor Stock Analysis
When running Zedcor Energy's price analysis, check to measure Zedcor Energy'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 Zedcor Energy is operating at the current time. Most of Zedcor Energy's value examination focuses on studying past and present price action to predict the probability of Zedcor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedcor Energy's price. Additionally, you may evaluate how the addition of Zedcor Energy to your portfolios can decrease your overall portfolio volatility.