Coles Group Ltd stock and BHP Group Ltd shares are 2 ASX shares to watch - Rask Media
| COL Stock | 18.89 0.09 0.48% |
Slightly above 53% of Coles' investor base is interested to short. The analysis of current outlook of investing in Coles Group suggests that many traders are impartial regarding Coles' prospects. Coles' investing sentiment can be driven by a variety of factors including economic data, Coles' earnings reports, geopolitical events, and overall market trends.
Coles |
Coles Group Ltd stock and BHP Group Ltd shares are 2 ASX shares to watch Rask Media
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Coles Fundamental Analysis
We analyze Coles' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coles using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coles 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.
Retained Earnings
Retained Earnings Comparative Analysis
Coles is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Coles 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 Coles stock to make a market-neutral strategy. Peer analysis of Coles could also be used in its relative valuation, which is a method of valuing Coles by comparing valuation metrics with similar companies.
Peers
Coles Related Equities
| SGR | Star Entertainment | 5.26 | ||||
| DDR | Dicker Data | 1.66 | ||||
| CQE | Charter Hall | 1.12 | ||||
| DTL | Data3 | 0.47 | ||||
| ST1 | Spirit Telecom | 0.00 |
Additional Tools for Coles Stock Analysis
When running Coles' price analysis, check to measure Coles' 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 Coles is operating at the current time. Most of Coles' value examination focuses on studying past and present price action to predict the probability of Coles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coles' price. Additionally, you may evaluate how the addition of Coles to your portfolios can decrease your overall portfolio volatility.