OVS continues with buybacks of its own ordinary shares - Marketscreener.com
| OVS Etf | USD 38.01 0.19 0.50% |
Slightly above 62% of OVS SpA's investor base is looking to short. The current sentiment regarding investing in OVS SpA etf implies that many traders are alarmed. OVS SpA's investing sentiment can be driven by a variety of factors including economic data, OVS SpA's earnings reports, geopolitical events, and overall market trends.
OVS SpA etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of OVS daily returns and investor perception about the current price of OVS SpA as well as its diversification or hedging effects on your existing portfolios.
OVS |
OVS continues with buybacks of its own ordinary shares Marketscreener.com
Read at news.google.com
 |
OVS SpA Fundamental Analysis
We analyze OVS SpA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OVS SpA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OVS SpA based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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
OVS SpA is currently under evaluation in beta as compared to similar ETFs. 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.
OVS SpA 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 OVS SpA etf to make a market-neutral strategy. Peer analysis of OVS SpA could also be used in its relative valuation, which is a method of valuing OVS SpA by comparing valuation metrics with similar companies.
Peers
OVS SpA Related Equities
| OVL | Overlay Shares | 0.41 | ||||
| OSCV | Opus Small | 0.20 | ||||
| OVB | Overlay Shares | 0.33 | ||||
| OVM | Overlay Shares | 0.53 | ||||
| OVF | Overlay Shares | 0.95 |
Check out OVS SpA Hype Analysis, OVS SpA Correlation and OVS SpA Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of OVS SpA is measured differently than its book value, which is the value of OVS that is recorded on the company's balance sheet. Investors also form their own opinion of OVS SpA's value that differs from its market value or its book value, called intrinsic value, which is OVS SpA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OVS SpA's market value can be influenced by many factors that don't directly affect OVS SpA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OVS SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if OVS SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OVS SpA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.