Galaxy Digital poised to gain from crypto resurgence, analyst says - Seeking Alpha
| GLXY Stock | CAD 26.28 0.01 0.04% |
About 51% of Galaxy Digital's investor base is interested to short. The analysis of the overall prospects from investing in Galaxy Digital Holdings suggests that many traders are, at the present time, impartial. Galaxy Digital's investing sentiment overview a quick insight into current market opportunities from investing in Galaxy Digital Holdings. Many technical investors use Galaxy Digital Holdings stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Galaxy Digital poised to gain from crypto resurgence, analyst says Seeking Alpha
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Galaxy Digital Fundamental Analysis
We analyze Galaxy Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Galaxy Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Galaxy Digital 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
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.
Galaxy Digital 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 Galaxy Digital stock to make a market-neutral strategy. Peer analysis of Galaxy Digital could also be used in its relative valuation, which is a method of valuing Galaxy Digital by comparing valuation metrics with similar companies.
Peers
Galaxy Digital Related Equities
| AVGO | Broadcom | 1.08 | ||||
| BRK | Berkshire Hathaway | 0.26 | ||||
| WMT | Walmart | 0.90 | ||||
| AAPL | Apple | 1.08 | ||||
| META | Meta Platforms | 1.22 | ||||
| GOOG | Alphabet | 1.49 | ||||
| MSFT | Microsoft Corp | 1.81 | ||||
| NVDA | NVIDIA CDR | 2.20 | ||||
| AMZN | Amazon CDR | 2.24 | ||||
| TSLA | Tesla | 6.57 |
Other Information on Investing in Galaxy Stock
Galaxy Digital financial ratios help investors to determine whether Galaxy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Galaxy with respect to the benefits of owning Galaxy Digital security.