CarMax Inc. stock rises Thursday, still underperforms market - MarketWatch
| KMX Stock | MXN 1,686 53.00 3.05% |
Slightly above 61% of CarMax's investor base is looking to short. The analysis of current outlook of investing in CarMax Inc suggests that many traders are alarmed regarding CarMax's prospects. CarMax's investing sentiment can be driven by a variety of factors including economic data, CarMax's earnings reports, geopolitical events, and overall market trends.
CarMax |
CarMax Inc. stock rises Thursday, still underperforms market MarketWatch
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CarMax Fundamental Analysis
We analyze CarMax's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CarMax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CarMax 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.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
CarMax is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
CarMax Inc 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 CarMax stock to make a market-neutral strategy. Peer analysis of CarMax could also be used in its relative valuation, which is a method of valuing CarMax by comparing valuation metrics with similar companies.
Peers
CarMax Related Equities
| UAL | United Airlines | 4.69 | ||||
| GMXT | GMxico Transportes | 2.78 | ||||
| MLM | Martin Marietta | 0.00 | ||||
| EDUN | New Oriental | 0.00 | ||||
| GNW | Genworth Financial | 0.00 | ||||
| MUX | McEwen Mining | 0.00 | ||||
| BNS | Bank of Nova Scotia | 2.22 |
Additional Tools for CarMax Stock Analysis
When running CarMax's price analysis, check to measure CarMax'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 CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.