Icahn plans raising stake in oil refiner CVR, WSJ reports
ACTX Etf | USD 0.0001 0.00 0.00% |
Slightly above 61% of Advanced Container's investor base is looking to short. The analysis of overall sentiment of trading Advanced Container Technologies pink sheet suggests that many investors are alarmed at this time. Advanced Container's investing sentiment can be driven by a variety of factors including economic data, Advanced Container's earnings reports, geopolitical events, and overall market trends.
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The company, a controlling shareholder of the oil refiner, plans to raise its stake in CVR to more than 81 percent by buying an additional 15 million shares, the report said, citing draft statements that billionaire activist investor Carl Icahn and his firm plan to release on Friday. The new offer will benefit stockholders from cashing out at a premium, WSJ reported, quoting Icahn from the draft statement.
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Advanced Container Fundamental Analysis
We analyze Advanced Container's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advanced Container using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advanced Container 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.
Return On Equity
Return On Equity Comparative Analysis
Advanced Container is currently under evaluation in return on equity as compared to similar ETFs. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Advanced Container 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 Advanced Container pink sheet to make a market-neutral strategy. Peer analysis of Advanced Container could also be used in its relative valuation, which is a method of valuing Advanced Container by comparing valuation metrics with similar companies.
Peers
Advanced Container Related Equities
PTVE | Pactiv Evergreen | 0.23 | ||||
AVY | Avery Dennison | 0.32 | ||||
AMBP | Ardagh Metal | 0.33 | ||||
CCK | Crown Holdings | 0.76 | ||||
MYE | Myers Industries | 0.94 | ||||
SEE | Sealed Air | 1.02 | ||||
PKG | Packaging Corp | 1.43 | ||||
GEF | Greif Bros | 1.55 | ||||
REYN | Reynolds Consumer | 1.86 | ||||
MGIH | Millennium Group | 2.72 | ||||
SON | Sonoco Products | 2.77 | ||||
AMCR | Amcor PLC | 2.98 | ||||
BALL | Ball | 3.71 |
Other Information on Investing in Advanced Pink Sheet
Advanced Container financial ratios help investors to determine whether Advanced Pink Sheet 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 Advanced with respect to the benefits of owning Advanced Container security.