Compare Price Fair Value Across Equities
You can use any or all of fundamental ratio historical patterns as a complementary method for asset selection as well as a tool for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible positions. Check out your portfolio center.
Cross Equities Price Fair Value Analysis
Select Fundamental
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
XPRO | (0.0041) | (0.0041) | (0.0036) | (0.0032) | (0.0016) | 2.0057 | 1.6122 | 1.3286 | 1.13 | 1.4366 | 1.9043 | 0.8905 | 1.5378 | 1.3411 | 0.81 |
CHX | 1.8038 | 1.8038 | 1.8038 | 1.8038 | 1.8038 | 1.8038 | 1.9129 | 1.8089 | 2.1392 | 2.532 | 1.3961 | 2.3008 | 3.4513 | 3.4161 | 1.85 |
RNGR | 2.3953 | 2.3953 | 2.3953 | 2.3953 | 2.3953 | 2.3953 | 0.8573 | 0.7488 | 0.4275 | 0.4912 | 0.3048 | 0.4898 | 0.95 | 0.9259 | 0.92 |
WHD | (16.2774) | (16.2774) | (16.2774) | (16.2774) | (16.2774) | (16.2774) | (14.6777) | (11.9814) | 2.4457 | 2.9896 | 2.2463 | 3.5499 | 4.2675 | 3.3907 | 3.56 |
MRC | 2.3882 | 2.4639 | 2.2597 | 2.4518 | 1.106 | 1.0012 | 1.7627 | 1.4323 | 1.0525 | 1.1355 | 0.7711 | 0.8372 | 1.3049 | 1.0997 | 1.74 |
VAL | 1.0522 | 0.105 | 0.1147 | 0.1071 | 0.167 | 0.845 | 0.8017 | 0.9024 | 1.2715 | 0.4414 | 1.0776 | 2.5452 | 3.9127 | 2.5564 | 2.68 |
WFRD | 89.9888 | 1.9342 | 2.1332 | 2.3173 | 2.7359 | 4.4344 | 10.8009 | (38.746) | (6.663) | 0.671 | 0.4482 | 3.9121 | 6.5614 | 7.6231 | 7.24 |
Expro Group Holdings, ChampionX, and Ranger Energy Services Price Fair Value description
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The classical approach to portfolio optimization is known as Modern Portfolio Theory (MPT). It involves categorizing the investment universe based on risk (standard deviation) and return, and then choosing the mix of investments that achieves the desired risk-versus-return tradeoff. Portfolio optimization can also be thought of as a risk-management strategy as every type of equity has a distinct return and risk characteristics as well as different systemic risks, which describes how they respond to the market at large. Macroaxis enables investors to optimize portfolios that have a mix of equities (such as stocks, funds, or ETFs) and cryptocurrencies (such as Bitcoin, Ethereum or Monero)
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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