How Will the Market React to Canada Goose Holdings Inc Stock Getting a Bullish Rating - InvestorsObserver
| GOOS Stock | CAD 15.22 0.33 2.22% |
About 55% of Canada Goose's investors are presently thinking to get in. The analysis of overall sentiment of trading Canada Goose Holdings stock suggests that some investors are interested at this time. Canada Goose's investing sentiment overview a quick insight into current market opportunities from investing in Canada Goose Holdings. Many technical investors use Canada Goose Holdings stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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How Will the Market React to Canada Goose Holdings Inc Stock Getting a Bullish Rating InvestorsObserver
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Canada Goose Fundamental Analysis
We analyze Canada Goose's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canada Goose using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canada Goose 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.
Price To Book
Price To Book Comparative Analysis
Canada Goose is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Canada Goose 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 Canada Goose stock to make a market-neutral strategy. Peer analysis of Canada Goose could also be used in its relative valuation, which is a method of valuing Canada Goose by comparing valuation metrics with similar companies.
Peers
Canada Goose Related Equities
| DOL | Dollarama | 2.76 | ||||
| SHOP | Shopify | 1.95 | ||||
| ATZ | Aritzia | 1.20 | ||||
| LSPD | Lightspeed Commerce | 1.09 | ||||
| QSR | Restaurant Brands | 0.91 |
Check out Canada Goose Hype Analysis, Canada Goose Correlation and Canada Goose Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.