Acushnet Holdings Corp. Is This Sporting Goods Stock A Good Buy Now?
| GOLF Stock | USD 73.73 0.07 0.1% |
Roughly 53% of Acushnet Holdings' investor base is interested to short. The analysis of overall sentiment of trading Acushnet Holdings Corp stock suggests that many investors are impartial at this time. The current market sentiment, together with Acushnet Holdings' historical and current headlines, can help investors time the market. In addition, many technical investors use Acushnet Holdings Corp stock news signals to limit their universe of possible portfolio assets.
Acushnet |
We recently compiled a list of the 10 Best Sporting Goods Stocks To Invest In Now. In this article, we are going to take a look at where Acushnet Holdings Corp.
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Acushnet Holdings Fundamental Analysis
We analyze Acushnet Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acushnet Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acushnet Holdings 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
Acushnet Holdings 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.
Acushnet Holdings Corp 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 Acushnet Holdings stock to make a market-neutral strategy. Peer analysis of Acushnet Holdings could also be used in its relative valuation, which is a method of valuing Acushnet Holdings by comparing valuation metrics with similar companies.
Peers
Acushnet Holdings Related Equities
| LTH | Life Time | 3.91 | ||||
| AOUT | American Outdoor | 2.77 | ||||
| JAKK | JAKKS Pacific | 1.58 | ||||
| ESCA | Escalade Incorporated | 1.56 | ||||
| MSGE | Madison Square | 1.35 | ||||
| CLAR | Clarus Corp | 0.88 | ||||
| YETI | YETI Holdings | 0.38 | ||||
| MAT | Mattel | 0.06 | ||||
| FUN | Six Flags | 0.18 | ||||
| MODG | Callaway Golf | 0.37 | ||||
| JOUT | Johnson Outdoors | 1.20 | ||||
| PLNT | Planet Fitness | 1.43 | ||||
| XPOF | Xponential Fitness | 2.06 |
Complementary Tools for Acushnet Stock analysis
When running Acushnet Holdings' price analysis, check to measure Acushnet Holdings' 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 Acushnet Holdings is operating at the current time. Most of Acushnet Holdings' value examination focuses on studying past and present price action to predict the probability of Acushnet Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acushnet Holdings' price. Additionally, you may evaluate how the addition of Acushnet Holdings to your portfolios can decrease your overall portfolio volatility.
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