Stocks of the Hour Nyrada Inc, Errawarra Resources, Enlitic - Finance News Network
| ERW Stock | 0.05 0 2.00% |
Slightly above 60% of Errawarra Resources' investor base is looking to short. The current sentiment regarding investing in Errawarra Resources stock implies that many traders are alarmed. Errawarra Resources' investing sentiment can be driven by a variety of factors including economic data, Errawarra Resources' earnings reports, geopolitical events, and overall market trends.
Errawarra |
Stocks of the Hour Nyrada Inc, Errawarra Resources, Enlitic Finance News Network
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Errawarra Resources Fundamental Analysis
We analyze Errawarra Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Errawarra Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Errawarra Resources 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.
Shares Owned By Insiders
Shares Owned By Insiders Comparative Analysis
Errawarra Resources is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Errawarra 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 Errawarra Resources stock to make a market-neutral strategy. Peer analysis of Errawarra Resources could also be used in its relative valuation, which is a method of valuing Errawarra Resources by comparing valuation metrics with similar companies.
Peers
Errawarra Resources Related Equities
| ATM | Aneka Tambang | 0.00 |
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| SFR | Sandfire Resources | 0.43 |
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| NST | Northern Star | 0.52 |
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| PRU | Perseus Mining | 1.89 |
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| DEG | De Grey | 2.79 |
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| EVN | Evolution Mining | 2.82 |
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| BSL | Bluescope Steel | 3.13 |
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Additional Tools for Errawarra Stock Analysis
When running Errawarra Resources' price analysis, check to measure Errawarra Resources' 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 Errawarra Resources is operating at the current time. Most of Errawarra Resources' value examination focuses on studying past and present price action to predict the probability of Errawarra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Errawarra Resources' price. Additionally, you may evaluate how the addition of Errawarra Resources to your portfolios can decrease your overall portfolio volatility.