Independence Contract Drilling Now Covered by Analysts at StockNews.com - Defense World
040910 Stock | KRW 4,780 180.00 3.63% |
About 61% of ICD's investor base is looking to short. The analysis of current outlook of investing in ICD Co suggests that many traders are alarmed regarding ICD's prospects. The current market sentiment, together with ICD's historical and current headlines, can help investors time the market. In addition, many technical investors use ICD Co stock news signals to limit their universe of possible portfolio assets.
ICD |
Independence Contract Drilling Now Covered by Analysts at StockNews.com Defense World
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ICD Fundamental Analysis
We analyze ICD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ICD using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ICD 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.
EBITDA
EBITDA Comparative Analysis
ICD is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
ICD Co 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 ICD stock to make a market-neutral strategy. Peer analysis of ICD could also be used in its relative valuation, which is a method of valuing ICD by comparing valuation metrics with similar companies.
Peers
ICD Related Equities
056190 | SFA Engineering | 0.23 | ||||
054620 | APS Holdings | 1.58 | ||||
036830 | Soulbrain Holdings | 2.09 | ||||
036930 | JUSUNG ENGINEERING | 6.81 |
Complementary Tools for ICD Stock analysis
When running ICD's price analysis, check to measure ICD'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 ICD is operating at the current time. Most of ICD's value examination focuses on studying past and present price action to predict the probability of ICD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICD's price. Additionally, you may evaluate how the addition of ICD to your portfolios can decrease your overall portfolio volatility.
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