Does Alumexx Deserve A Spot On Your Watchlist - Simply Wall St
| ALX Stock | EUR 1.28 0.02 1.59% |
Slightly above 53% of Alumexx NV's private investors are presently thinking to get in. The analysis of current outlook of investing in Alumexx NV suggests that some traders are interested regarding Alumexx NV's prospects. Alumexx NV's investing sentiment can be driven by a variety of factors including economic data, Alumexx NV's earnings reports, geopolitical events, and overall market trends.
Alumexx NV stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Alumexx daily returns and investor perception about the current price of Alumexx NV as well as its diversification or hedging effects on your existing portfolios.
Alumexx |
Does Alumexx Deserve A Spot On Your Watchlist Simply Wall St
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Alumexx NV Fundamental Analysis
We analyze Alumexx NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alumexx NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alumexx NV 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
Alumexx NV 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.
Alumexx NV 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 Alumexx NV stock to make a market-neutral strategy. Peer analysis of Alumexx NV could also be used in its relative valuation, which is a method of valuing Alumexx NV by comparing valuation metrics with similar companies.
Additional Tools for Alumexx Stock Analysis
When running Alumexx NV's price analysis, check to measure Alumexx NV'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 Alumexx NV is operating at the current time. Most of Alumexx NV's value examination focuses on studying past and present price action to predict the probability of Alumexx NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumexx NV's price. Additionally, you may evaluate how the addition of Alumexx NV to your portfolios can decrease your overall portfolio volatility.