Readystate Asset Management LP Decreases Stake in Altice USA, Inc.
ATUS Stock | USD 2.50 0.14 5.30% |
Slightly above 57% of Altice USA's investor base is looking to short. The analysis of the overall prospects from investing in Altice USA suggests that many traders are, at the present time, alarmed. Altice USA's investing sentiment can be driven by a variety of factors including economic data, Altice USA's earnings reports, geopolitical events, and overall market trends.
Altice |
Readystate Asset Management LP lowered its position in shares of Altice USA, Inc. by 31.9 percent in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 268,018 shares of the companys stock after selling 125,264 shares during the quarter. Readystate Asset Management LP owned about
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Altice USA Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Altice USA can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Altice USA Fundamental Analysis
We analyze Altice USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altice USA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altice USA 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
Altice USA is currently under evaluation 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.
Altice USA 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 Altice USA stock to make a market-neutral strategy. Peer analysis of Altice USA could also be used in its relative valuation, which is a method of valuing Altice USA by comparing valuation metrics with similar companies.
Peers
Altice USA Related Equities
TLK | Telkom Indonesia | 1.61 | ||||
CCOI | Cogent Communications | 1.47 | ||||
LBTYA | Liberty Global | 1.22 | ||||
CMCSA | Comcast Corp | 1.11 | ||||
CHTR | Charter Communications | 0.78 | ||||
TMUS | T Mobile | 0.61 | ||||
LBRDK | Liberty Broadband | 0.60 | ||||
LBRDA | Liberty Broadband | 0.50 | ||||
T | ATT | 0.48 | ||||
CABO | Cable One | 0.36 | ||||
TIMB | TIM Participacoes | 0.33 | ||||
CNSL | Consolidated Communications | 0.21 | ||||
LBRDP | Liberty Broadband | 0.12 | ||||
LUMN | Lumen Technologies | 0.34 | ||||
VZ | Verizon Communications | 0.35 |
Additional Tools for Altice Stock Analysis
When running Altice USA's price analysis, check to measure Altice USA'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 Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.