How Is The Market Feeling About Light Wonder - Benzinga
LNW Stock | 140.09 3.18 2.22% |
Slightly above 62% of Light Wonder's investor base is looking to short. The current sentiment regarding investing in Light Wonder stock implies that many traders are alarmed. Light Wonder's investing sentiment can be driven by a variety of factors including economic data, Light Wonder's earnings reports, geopolitical events, and overall market trends.
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How Is The Market Feeling About Light Wonder Benzinga
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Light Wonder Fundamental Analysis
We analyze Light Wonder's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Light Wonder using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Light Wonder 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
Light Wonder is rated fifth overall 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.
Light Wonder 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 Light Wonder stock to make a market-neutral strategy. Peer analysis of Light Wonder could also be used in its relative valuation, which is a method of valuing Light Wonder by comparing valuation metrics with similar companies.
Peers
Light Wonder Related Equities
BBT | Bluebet Holdings | 3.33 | ||||
PBH | Pointsbet Holdings | 0.99 | ||||
TLC | Lottery | 1.98 | ||||
LNW | Light Wonder | 2.22 |
Additional Tools for Light Stock Analysis
When running Light Wonder's price analysis, check to measure Light Wonder'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 Light Wonder is operating at the current time. Most of Light Wonder's value examination focuses on studying past and present price action to predict the probability of Light Wonder's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Light Wonder's price. Additionally, you may evaluate how the addition of Light Wonder to your portfolios can decrease your overall portfolio volatility.