Crane is a Great Momentum Stock Should You Buy?
| CXT Stock | 63.72 0.29 0.46% |
Slightly above 52% of Crane NXT's investor base is interested to short. The analysis of overall sentiment of trading Crane NXT Co stock suggests that many investors are impartial at this time. Crane NXT's investing sentiment can be driven by a variety of factors including economic data, Crane NXT's earnings reports, geopolitical events, and overall market trends.
Crane |
Does Crane have what it takes to be a top stock pick for momentum investors Lets find out.
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Crane NXT Fundamental Analysis
We analyze Crane NXT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Crane NXT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Crane NXT 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.
Market Capitalization
Market Capitalization Comparative Analysis
Crane NXT is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Crane NXT 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 Crane NXT stock to make a market-neutral strategy. Peer analysis of Crane NXT could also be used in its relative valuation, which is a method of valuing Crane NXT by comparing valuation metrics with similar companies.
Peers
Crane NXT Related Equities
| LXFR | Luxfer Holdings | 2.62 | ||||
| EPAC | Enerpac Tool | 1.91 | ||||
| ITT | ITT | 1.37 | ||||
| NPO | Enpro Industries | 1.27 | ||||
| DCI | Donaldson | 1.07 | ||||
| TNC | Tennant | 0.77 | ||||
| FELE | Franklin Electric | 0.76 | ||||
| THR | Thermon Group | 0.58 | ||||
| GRC | Gorman Rupp | 0.56 | ||||
| CR | Crane | 0.35 | ||||
| GGG | Graco | 0.14 | ||||
| KAI | Kadant | 0.01 | ||||
| IEX | IDEX | 0.73 | ||||
| TAYD | Taylor Devices | 1.31 |
Additional Tools for Crane Stock Analysis
When running Crane NXT's price analysis, check to measure Crane NXT'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 Crane NXT is operating at the current time. Most of Crane NXT's value examination focuses on studying past and present price action to predict the probability of Crane NXT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane NXT's price. Additionally, you may evaluate how the addition of Crane NXT to your portfolios can decrease your overall portfolio volatility.