South African Markets - Factors to watch on March 16 - Kalkine Media
| EXX Stock | 15,830 67.00 0.42% |
About 61% of Exxaro Resources' investor base is looking to short. The analysis of current outlook of investing in Exxaro Resources suggests that many traders are alarmed regarding Exxaro Resources' prospects. The current market sentiment, together with Exxaro Resources' historical and current headlines, can help investors time the market. In addition, many technical investors use Exxaro Resources stock news signals to limit their universe of possible portfolio assets.
Exxaro Resources stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Exxaro daily returns and investor perception about the current price of Exxaro Resources as well as its diversification or hedging effects on your existing portfolios.
Exxaro |
South African Markets - Factors to watch on March 16 Kalkine Media
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Exxaro Resources Fundamental Analysis
We analyze Exxaro Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Exxaro Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Exxaro 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.
Beta
Beta Comparative Analysis
Exxaro Resources is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Exxaro 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 Exxaro Resources stock to make a market-neutral strategy. Peer analysis of Exxaro Resources could also be used in its relative valuation, which is a method of valuing Exxaro Resources by comparing valuation metrics with similar companies.
Peers
Exxaro Resources Related Equities
| AME | African Media | 7.48 | ||||
| BLU | Blue Label | 2.16 | ||||
| AEL | Allied Electronics | 1.31 | ||||
| HCI | Hosken Consolidated | 0.98 | ||||
| ABSP | ABSA Bank | 0.44 | ||||
| EMH | E Media | 0.00 | ||||
| ZED | Zeder Investments | 1.23 |
Complementary Tools for Exxaro Stock analysis
When running Exxaro Resources' price analysis, check to measure Exxaro 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 Exxaro Resources is operating at the current time. Most of Exxaro Resources' value examination focuses on studying past and present price action to predict the probability of Exxaro Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exxaro Resources' price. Additionally, you may evaluate how the addition of Exxaro Resources to your portfolios can decrease your overall portfolio volatility.
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