James Hambro Partners Increases Holdings in Iron Mountain Inc ... - Best Stocks
| MDA Stock | CAD 29.44 0.95 3.33% |
About 56% of MDA's investor base is looking to short. The analysis of current outlook of investing in MDA suggests that many traders are alarmed regarding MDA's prospects. MDA's investing sentiment overview a quick insight into current market opportunities from investing in MDA. Many technical investors use MDA stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
MDA |
James Hambro Partners Increases Holdings in Iron Mountain Inc ... Best Stocks
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MDA Fundamental Analysis
We analyze MDA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MDA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MDA 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
MDA 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.
MDA 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 MDA stock to make a market-neutral strategy. Peer analysis of MDA could also be used in its relative valuation, which is a method of valuing MDA by comparing valuation metrics with similar companies.
Peers
MDA Related Equities
| STN | Stantec | 1.11 | ||||
| LNR | Linamar | 0.66 | ||||
| CAE | CAE | 0.28 | ||||
| MRE | Martinrea International | 0.22 | ||||
| MAL | Magellan Aerospace | 0.19 |
Other Information on Investing in MDA Stock
MDA financial ratios help investors to determine whether MDA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MDA with respect to the benefits of owning MDA security.