Apollo Weighs Scooping Aerospace-Parts Maker Arconic Again
| ARNCDelisted Stock | USD 29.82 0.01 0.03% |
About 62% of Arconic's investor base is looking to short. The analysis of current outlook of investing in Arconic suggests that many traders are alarmed regarding Arconic's prospects. The current market sentiment, together with Arconic's historical and current headlines, can help investors time the market. In addition, many technical investors use Arconic stock news signals to limit their universe of possible portfolio assets.
Arconic |
Apollo Global Management, Inc discussed snapping aerospace parts maker Arconic Corp . The financial terms of the possible deal remained undisclosed. Arconics advisers at Goldman Sachs Group Inc and Evercore Inc have also reached out to other potential acquirers, the Wall Street Journal reports citing familiar sources. Arconic carries a hefty debt load of over 1.5 billion. Should there be a deal, it will likely carry a significant premium, the WSJ
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Arconic Fundamental Analysis
We analyze Arconic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arconic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arconic 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Arconic is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Arconic 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 Arconic stock to make a market-neutral strategy. Peer analysis of Arconic could also be used in its relative valuation, which is a method of valuing Arconic by comparing valuation metrics with similar companies.
Peers
Arconic Related Equities
| CRS | Carpenter Technology | 1.50 | ||||
| MLI | Mueller Industries | 0.85 | ||||
| TG | Tredegar | 0.80 | ||||
| ESAB | ESAB Corp | 0.38 | ||||
| ATI | Allegheny Technologies | 0.11 | ||||
| WOR | Worthington Industries | 0.63 | ||||
| GIFI | Gulf Island | 0.69 | ||||
| NWPX | Northwest Pipe | 1.62 | ||||
| IIIN | Insteel Industries | 2.65 | ||||
| RYI | Ryerson Holding | 2.87 | ||||
| MEC | Mayville Engineering | 3.04 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Arconic Stock
If you are still planning to invest in Arconic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Arconic's history and understand the potential risks before investing.
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