Returns On Capital At Copart Paint A Concerning Picture - Simply Wall St
| CO6 Stock | EUR 56.05 0.54 0.95% |
Roughly 62% of Copart's investor base is looking to short. The analysis of current outlook of investing in Copart Inc suggests that many traders are alarmed regarding Copart's prospects. The current market sentiment, together with Copart's historical and current headlines, can help investors time the market. In addition, many technical investors use Copart Inc stock news signals to limit their universe of possible portfolio assets.
Copart stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Copart daily returns and investor perception about the current price of Copart Inc as well as its diversification or hedging effects on your existing portfolios.
Copart |
Returns On Capital At Copart Paint A Concerning Picture Simply Wall St
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Copart Fundamental Analysis
We analyze Copart's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Copart using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Copart 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.
Price To Book
Price To Book Comparative Analysis
Copart is number one stock in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Copart Inc 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 Copart stock to make a market-neutral strategy. Peer analysis of Copart could also be used in its relative valuation, which is a method of valuing Copart by comparing valuation metrics with similar companies.
Peers
Copart Related Equities
| XA4 | CarMax | 4.17 | ||||
| RWI | AutoNation | 1.66 | ||||
| DJDA | DIeteren Group | 1.56 | ||||
| UA9 | Penske Automotive | 0.67 | ||||
| USV | USS | 0.60 | ||||
| IJCA | Inchcape Plc | 0.21 | ||||
| LMO | Lithia Motors | 0.58 | ||||
| CO6 | Copart | 0.95 | ||||
| AWG | Asbury Automotive | 1.68 | ||||
| 5Z0 | Zhongsheng Group | 3.19 |
Complementary Tools for Copart Stock analysis
When running Copart's price analysis, check to measure Copart'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 Copart is operating at the current time. Most of Copart's value examination focuses on studying past and present price action to predict the probability of Copart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copart's price. Additionally, you may evaluate how the addition of Copart to your portfolios can decrease your overall portfolio volatility.
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