Goldman Sachs says these ASX gold stocks are buys - The Motley Fool Australia
| CRD Stock | CAD 0.02 0.01 33.33% |
Slightly above 50% of Copper Road's sophisticated investors are presently thinking to get in. The current sentiment regarding investing in Copper Road Resources stock implies that some traders are interested. Copper Road's investing sentiment can be driven by a variety of factors including economic data, Copper Road's earnings reports, geopolitical events, and overall market trends.
Copper Road stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Copper daily returns and investor perception about the current price of Copper Road Resources as well as its diversification or hedging effects on your existing portfolios.
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Goldman Sachs says these ASX gold stocks are buys The Motley Fool Australia
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Copper Road Fundamental Analysis
We analyze Copper Road's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Copper Road using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Copper Road 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Copper Road is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Copper Road Resources 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 Copper Road stock to make a market-neutral strategy. Peer analysis of Copper Road could also be used in its relative valuation, which is a method of valuing Copper Road by comparing valuation metrics with similar companies.
Peers
Copper Road Related Equities
| ERE-UN | European Residential | 6.06 | ||||
| ALA-PA | Altagas Cum | 1.48 | ||||
| XEG | IShares SPTSX | 0.91 | ||||
| XHB | IShares Canadian | 0.10 | ||||
| RUDB | RBC Discount | 0.36 |
Additional Tools for Copper Stock Analysis
When running Copper Road's price analysis, check to measure Copper Road'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 Copper Road is operating at the current time. Most of Copper Road's value examination focuses on studying past and present price action to predict the probability of Copper Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copper Road's price. Additionally, you may evaluate how the addition of Copper Road to your portfolios can decrease your overall portfolio volatility.