AM Best Revises Outlooks to Negative for Members of FGH Parent, LP
FGHDelisted Stock | 1.68 0.07 4.00% |
Under 62% of FG Group's investor base is looking to short. The analysis of current outlook of investing in FG Group Holdings suggests that many traders are alarmed regarding FG Group's prospects. FG Group's investing sentiment shows overall attitude of investors towards FG Group Holdings.
FGH |
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit R
Read at businesswire.com
FG Group Fundamental Analysis
We analyze FG Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FG Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FG Group 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.
EBITDA
EBITDA Comparative Analysis
FG Group is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
FG Group Holdings 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 FG Group stock to make a market-neutral strategy. Peer analysis of FG Group could also be used in its relative valuation, which is a method of valuing FG Group by comparing valuation metrics with similar companies.
Peers
FG Group Related Equities
GMWKF | Games Workshop | 1.69 | ||||
FNKO | Funko | 1.16 | ||||
MSGE | Madison Square | 1.14 | ||||
CLAR | Clarus Corp | 0.83 | ||||
ESCA | Escalade Incorporated | 0.79 | ||||
HAS | Hasbro | 0.51 | ||||
LTH | Life Time | 0.46 | ||||
MAT | Mattel | 0.33 | ||||
OSW | OneSpaWorld Holdings | 0.05 | ||||
JOUT | Johnson Outdoors | 0.72 | ||||
YETI | YETI Holdings | 0.74 | ||||
MODG | Callaway Golf | 0.74 | ||||
XPOF | Xponential Fitness | 0.82 | ||||
PLNT | Planet Fitness | 0.86 | ||||
AOUT | American Outdoor | 1.19 | ||||
GOLF | Acushnet Holdings | 1.31 | ||||
JAKK | JAKKS Pacific | 1.51 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in FGH Stock
If you are still planning to invest in FG Group Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the FG Group's history and understand the potential risks before investing.
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