ANZ Group Holdings Advances Stock Buy-Back - TipRanks
| ANZGY Stock | 19.44 0.39 1.97% |
Slightly above 62% of ANZ Group's investor base is looking to short. The analysis of current outlook of investing in ANZ Group Holdings suggests that many traders are alarmed regarding ANZ Group's prospects. ANZ Group's investing sentiment can be driven by a variety of factors including economic data, ANZ Group's earnings reports, geopolitical events, and overall market trends.
ANZ |
ANZ Group Holdings Advances Stock Buy-Back TipRanks
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ANZ Group Fundamental Analysis
We analyze ANZ Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ANZ Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ANZ Group based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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
ANZ Group is rated below average in return on equity category among its peers. 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.
ANZ Group Holdings 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 ANZ Group otc stock to make a market-neutral strategy. Peer analysis of ANZ Group could also be used in its relative valuation, which is a method of valuing ANZ Group by comparing valuation metrics with similar companies.
Peers
ANZ Group Related Equities
| JPM-PD | JPMorgan Chase | 0.24 | ||||
| JPM-PC | JPMorgan Chase | 0.04 | ||||
| BAC-PB | Bank of America | 0.08 | ||||
| PYPL | PayPal Holdings | 1.38 | ||||
| ANZGY | ANZ Group | 1.97 | ||||
| KOSS | Koss | 2.83 | ||||
| IONQ | IONQ | 3.71 | ||||
| IQ | IQIYI | 4.86 | ||||
| APLD | Applied Blockchain | 5.25 | ||||
| SOUN | SoundHound | 5.51 |
Additional Tools for ANZ OTC Stock Analysis
When running ANZ Group's price analysis, check to measure ANZ Group'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 ANZ Group is operating at the current time. Most of ANZ Group's value examination focuses on studying past and present price action to predict the probability of ANZ Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ANZ Group's price. Additionally, you may evaluate how the addition of ANZ Group to your portfolios can decrease your overall portfolio volatility.