Has Grindrod Shipping Holdings Outpaced Other Transportation Stocks This Year - Yahoo New Zealand News
| GND Stock | 1,185 5.00 0.42% |
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.
Grindrod |
Has Grindrod Shipping Holdings Outpaced Other Transportation Stocks This Year Yahoo New Zealand News
Read at news.google.com
 |
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.
Current Valuation
Current Valuation Comparative Analysis
Grindrod is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
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
| HIL | HomeChoice Investments | 6.96 | ||||
| ARA | Astoria Investments | 3.03 | ||||
| BTI | British Amer | 0.57 | ||||
| ABSP | ABSA Bank | 0.06 | ||||
| CPI | Capitec Bank | 0.57 | ||||
| LSK | Lesaka Technologies | 5.00 |
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.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |