With 78 percent ownership, National Fuel Gas Company boasts of strong institutional backing - Simply Wall St
NFG Stock | EUR 65.50 1.00 1.50% |
Roughly 62% of National Fuel's investor base is looking to short. The analysis of current outlook of investing in National Fuel Gas suggests that many traders are alarmed regarding National Fuel's prospects. The current market sentiment, together with National Fuel's historical and current headlines, can help investors time the market. In addition, many technical investors use National Fuel Gas stock news signals to limit their universe of possible portfolio assets.
National Fuel stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of National daily returns and investor perception about the current price of National Fuel Gas as well as its diversification or hedging effects on your existing portfolios.
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With 78 percent ownership, National Fuel Gas Company boasts of strong institutional backing Simply Wall St
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National Fuel Fundamental Analysis
We analyze National Fuel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Fuel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Fuel 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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
National Fuel is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
National Fuel Gas 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 National Fuel stock to make a market-neutral strategy. Peer analysis of National Fuel could also be used in its relative valuation, which is a method of valuing National Fuel by comparing valuation metrics with similar companies.
Peers
National Fuel Related Equities
MBR | SAN MIGUEL | 10.00 | ||||
TG9 | Cleanaway Waste | 1.23 | ||||
4JF | Jupiter Fund | 1.15 | ||||
0QN | Ares Management | 0.92 | ||||
GSZ | CSSC Offshore | 0.83 | ||||
IHCB | SBM OFFSHORE | 0.17 | ||||
NY70 | MOLSON RS | 0.96 |
Complementary Tools for National Stock analysis
When running National Fuel's price analysis, check to measure National Fuel'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 National Fuel is operating at the current time. Most of National Fuel's value examination focuses on studying past and present price action to predict the probability of National Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Fuel's price. Additionally, you may evaluate how the addition of National Fuel to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
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