Best of the Best receives GBP45.3 million takeover offer - Marketscreener.com
| PL8 Stock | 8.68 0.06 0.70% |
Slightly above 51% of Playtech Plc's investor base is interested to short. The analysis of current outlook of investing in Playtech plc suggests that many traders are impartial regarding Playtech Plc's prospects. Playtech Plc's investing sentiment can be driven by a variety of factors including economic data, Playtech Plc's earnings reports, geopolitical events, and overall market trends.
Playtech |
Best of the Best receives GBP45.3 million takeover offer Marketscreener.com
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Playtech Plc Fundamental Analysis
We analyze Playtech Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Playtech Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Playtech Plc 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.
Z Score
Z Score Comparative Analysis
Playtech Plc is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Playtech plc 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 Playtech Plc stock to make a market-neutral strategy. Peer analysis of Playtech Plc could also be used in its relative valuation, which is a method of valuing Playtech Plc by comparing valuation metrics with similar companies.
Peers
Playtech Plc Related Equities
| 96W | MAVEN WIRELESS | 4.82 | ||||
| GOQN | Gol Intelligent | 0.00 | ||||
| A1G | American Airlines | 0.43 | ||||
| A4XA | American Homes | 1.64 | ||||
| T86 | Tri Pointe | 2.37 |
Additional Tools for Playtech Stock Analysis
When running Playtech Plc's price analysis, check to measure Playtech Plc'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 Playtech Plc is operating at the current time. Most of Playtech Plc's value examination focuses on studying past and present price action to predict the probability of Playtech Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playtech Plc's price. Additionally, you may evaluate how the addition of Playtech Plc to your portfolios can decrease your overall portfolio volatility.