3 Powerful Examples of the Zacks Rank ERIE, DUOL, CART
ERIE Stock | USD 401.65 8.06 1.97% |
About 56% of Erie Indemnity's investor base is looking to short. The analysis of the overall prospects from investing in Erie Indemnity suggests that many traders are, at the present time, alarmed. The current market sentiment, together with Erie Indemnity's historical and current headlines, can help investors time the market. In addition, many technical investors use Erie Indemnity stock news signals to limit their universe of possible portfolio assets.
Erie |
Listening to the Zacks Rank can consistently result in market-beating gains, as positive earnings estimate revisions provide shares the fuel needed to move higher in the near term.
Read at finance.yahoo.com
Erie Indemnity Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Erie Indemnity can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Erie Indemnity Fundamental Analysis
We analyze Erie Indemnity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erie Indemnity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erie Indemnity 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.
Cash Per Share
Cash Per Share Comparative Analysis
Erie Indemnity is rated below average in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Erie Indemnity 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 Erie Indemnity stock to make a market-neutral strategy. Peer analysis of Erie Indemnity could also be used in its relative valuation, which is a method of valuing Erie Indemnity by comparing valuation metrics with similar companies.
Peers
Erie Indemnity Related Equities
GOCO | GoHealth | 9.12 | ||||
MMC | Marsh McLennan | 1.18 | ||||
WTW | Willis Towers | 1.46 | ||||
EHTH | EHealth | 1.61 | ||||
AON | Aon PLC | 1.80 | ||||
ERIE | Erie Indemnity | 1.97 | ||||
BRO | Brown Brown | 2.60 | ||||
AJG | Arthur J | 2.78 | ||||
ZBAO | Zhibao Technology | 17.60 | ||||
HUIZ | Huize Holding | 32.51 |
Complementary Tools for Erie Stock analysis
When running Erie Indemnity's price analysis, check to measure Erie Indemnity'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 Erie Indemnity is operating at the current time. Most of Erie Indemnity's value examination focuses on studying past and present price action to predict the probability of Erie Indemnity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erie Indemnity's price. Additionally, you may evaluate how the addition of Erie Indemnity to your portfolios can decrease your overall portfolio volatility.
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Transaction History View history of all your transactions and understand their impact on performance | |
Global Correlations Find global opportunities by holding instruments from different markets |