Australian Stocks Heres Why Accent Group Shares Slipped Today - TipRanks.com - TipRanks
| AX1 Stock | 2.40 0.01 0.41% |
Slightly above 61% of Accent's investor base is looking to short. The analysis of current outlook of investing in Accent Group suggests that many traders are alarmed regarding Accent's prospects. Accent's investing sentiment can be driven by a variety of factors including economic data, Accent's earnings reports, geopolitical events, and overall market trends.
Accent |
Australian Stocks Heres Why Accent Group Shares Slipped Today - TipRanks.com TipRanks
Read at news.google.com
 |
Accent Fundamental Analysis
We analyze Accent's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Accent using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Accent 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.
Working Capital
Working Capital Comparative Analysis
Accent is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Accent Group 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 Accent stock to make a market-neutral strategy. Peer analysis of Accent could also be used in its relative valuation, which is a method of valuing Accent by comparing valuation metrics with similar companies.
Peers
Accent Related Equities
| MFG | Magellan Financial | 3.12 | ||||
| REG | Regis Healthcare | 2.07 | ||||
| SHL | Sonic Healthcare | 1.29 | ||||
| BOQPG | Bank of Queensland | 0.05 | ||||
| BFL | BSP Financial | 0.14 | ||||
| CBAPJ | Commonwealth Bank | 0.39 | ||||
| TPG | TPG Telecom | 1.12 | ||||
| HCW | Healthco Healthcare | 2.00 |
Additional Tools for Accent Stock Analysis
When running Accent's price analysis, check to measure Accent'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 Accent is operating at the current time. Most of Accent's value examination focuses on studying past and present price action to predict the probability of Accent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accent's price. Additionally, you may evaluate how the addition of Accent to your portfolios can decrease your overall portfolio volatility.