Australias Boom Logistics hits 5-week high on securing mln contract - XM
| BOL Stock | 1.38 0.01 0.72% |
Slightly above 61% of Boom Logistics' investor base is looking to short. The analysis of overall sentiment of trading Boom Logistics stock suggests that many investors are alarmed at this time. Boom Logistics' investing sentiment can be driven by a variety of factors including economic data, Boom Logistics' earnings reports, geopolitical events, and overall market trends.
Boom |
Australias Boom Logistics hits 5-week high on securing mln contract XM
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Boom Logistics Fundamental Analysis
We analyze Boom Logistics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boom Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boom Logistics 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.
Current Valuation
Current Valuation Comparative Analysis
Boom Logistics is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Boom Logistics 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 Boom Logistics stock to make a market-neutral strategy. Peer analysis of Boom Logistics could also be used in its relative valuation, which is a method of valuing Boom Logistics by comparing valuation metrics with similar companies.
Peers
Boom Logistics Related Equities
| ZIP | Zip Co | 7.22 | ||||
| WA1 | WA1 Resources | 2.72 |
Additional Tools for Boom Stock Analysis
When running Boom Logistics' price analysis, check to measure Boom Logistics' 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 Boom Logistics is operating at the current time. Most of Boom Logistics' value examination focuses on studying past and present price action to predict the probability of Boom Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boom Logistics' price. Additionally, you may evaluate how the addition of Boom Logistics to your portfolios can decrease your overall portfolio volatility.