Are Insiders Buying Grindrod Shipping Holdings Ltd. Stock - Yahoo New Zealand News
| GND Stock | 1,233 3.00 0.24% |
About 62% of Grindrod's investor base is looking to short. The analysis of current outlook of investing in Grindrod suggests that many traders are alarmed regarding Grindrod's prospects. The current market sentiment, together with Grindrod's historical and current headlines, can help investors time the market. In addition, many technical investors use Grindrod stock news signals to limit their universe of possible portfolio assets.
Grindrod stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Grindrod daily returns and investor perception about the current price of Grindrod as well as its diversification or hedging effects on your existing portfolios.
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Are Insiders Buying Grindrod Shipping Holdings Ltd. Stock Yahoo New Zealand News
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Grindrod Fundamental Analysis
We analyze Grindrod's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grindrod using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grindrod 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
Grindrod 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.
Grindrod 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 Grindrod stock to make a market-neutral strategy. Peer analysis of Grindrod could also be used in its relative valuation, which is a method of valuing Grindrod by comparing valuation metrics with similar companies.
Peers
Grindrod Related Equities
| KIO | Kumba Iron | 6.06 | ||||
| BYI | Bytes Technology | 1.83 | ||||
| AEL | Allied Electronics | 0.73 | ||||
| AME | African Media | 0.84 | ||||
| RNI | Reinet Investments | 1.64 | ||||
| HCI | Hosken Consolidated | 2.30 |
Complementary Tools for Grindrod Stock analysis
When running Grindrod's price analysis, check to measure Grindrod'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 Grindrod is operating at the current time. Most of Grindrod's value examination focuses on studying past and present price action to predict the probability of Grindrod's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grindrod's price. Additionally, you may evaluate how the addition of Grindrod to your portfolios can decrease your overall portfolio volatility.
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