Are Strong Financial Prospects The Force That Is Driving The Momentum In WiseTech Global Limiteds ASXWTC Stock - Simply Wall St
| 17W Stock | EUR 71.79 0.98 1.35% |
Roughly 61% of Wisetech Global's investor base is looking to short. The analysis of current outlook of investing in Wisetech Global suggests that many traders are alarmed regarding Wisetech Global's prospects. The current market sentiment, together with Wisetech Global's historical and current headlines, can help investors time the market. In addition, many technical investors use Wisetech Global stock news signals to limit their universe of possible portfolio assets.
Wisetech Global stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Wisetech daily returns and investor perception about the current price of Wisetech Global as well as its diversification or hedging effects on your existing portfolios.
Wisetech |
Are Strong Financial Prospects The Force That Is Driving The Momentum In WiseTech Global Limiteds ASXWTC Stock Simply Wall St
Read at news.google.com
 |
Wisetech Global Fundamental Analysis
We analyze Wisetech Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wisetech Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wisetech Global 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
Wisetech Global 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.
Wisetech Global 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 Wisetech Global stock to make a market-neutral strategy. Peer analysis of Wisetech Global could also be used in its relative valuation, which is a method of valuing Wisetech Global by comparing valuation metrics with similar companies.
Peers
Wisetech Global Related Equities
| AMK | Amkor Technology | 4.35 | ||||
| VHY | Vishay Intertechnology | 2.92 | ||||
| PYA | Wayside Technology | 2.52 | ||||
| 9TG | Gaztransport Technigaz | 1.02 | ||||
| E6Z | AECOM TECHNOLOGY | 0.97 | ||||
| KDIC | Kingdee International | 0.00 | ||||
| ROW | Texas Roadhouse | 1.02 |
Complementary Tools for Wisetech Stock analysis
When running Wisetech Global's price analysis, check to measure Wisetech Global'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 Wisetech Global is operating at the current time. Most of Wisetech Global's value examination focuses on studying past and present price action to predict the probability of Wisetech Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wisetech Global's price. Additionally, you may evaluate how the addition of Wisetech Global to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Stocks Directory Find actively traded stocks across global markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |