Open Text shareholders have endured a 29 percent loss from investing in the stock three years ago - Yahoo Finance
| OTEX Stock | CAD 43.00 0.11 0.26% |
About 55% of Open Text's investor base is interested to short. The analysis of the overall prospects from investing in Open Text Corp suggests that many traders are, at the present time, impartial. Open Text's investing sentiment overview a quick insight into current market opportunities from investing in Open Text Corp. Many technical investors use Open Text Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Open Text shareholders have endured a 29 percent loss from investing in the stock three years ago Yahoo Finance
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Open Text Fundamental Analysis
We analyze Open Text's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Open Text using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Open Text 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.
Short Ratio
Short Ratio Comparative Analysis
Open Text is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Open Text Corp 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 Open Text stock to make a market-neutral strategy. Peer analysis of Open Text could also be used in its relative valuation, which is a method of valuing Open Text by comparing valuation metrics with similar companies.
Peers
Open Text Related Equities
| WISH | Wishpond Technologies | 7.41 | ||||
| NIM | Nicola Mining | 3.70 | ||||
| EDR | Endeavour Silver | 2.65 | ||||
| FTG | Firan Technology | 0.13 | ||||
| MLO | Metalero Mining | 0.00 | ||||
| QIS | Quorum Information | 3.16 | ||||
| MMY | Monument Mining | 3.45 |
Check out Open Text Hype Analysis, Open Text Correlation and Open Text Performance. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.