Eldorado Gold Corp Stock Price Up 2.98 percent on Dec 3 - GuruFocus.com
| ELD Stock | CAD 21.90 0.94 4.12% |
About 61% of Eldorado Gold's investor base is looking to short. The current sentiment regarding investing in Eldorado Gold Corp stock implies that many traders are alarmed. Eldorado Gold's investing sentiment overview a quick insight into current market opportunities from investing in Eldorado Gold Corp. Many technical investors use Eldorado Gold Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Eldorado |
Eldorado Gold Corp Stock Price Up 2.98 percent on Dec 3 GuruFocus.com
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Eldorado Gold Fundamental Analysis
We analyze Eldorado Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eldorado Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eldorado Gold 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Eldorado Gold is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Eldorado Gold Corp 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 Eldorado Gold stock to make a market-neutral strategy. Peer analysis of Eldorado Gold could also be used in its relative valuation, which is a method of valuing Eldorado Gold by comparing valuation metrics with similar companies.
Peers
Eldorado Gold Related Equities
| ASCU | Arizona Sonoran | 2.82 |
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| QCCU | QC Copper | 7.69 |
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Check out Eldorado Gold Hype Analysis, Eldorado Gold Correlation and Eldorado Gold Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..