PPG Industries expects Q1 earnings to outperform prior guidance ... - Seeking Alpha
PPQ Stock | EUR 114.05 0.55 0.48% |
Roughly 61% of PPG Industries' investor base is looking to short. The analysis of current outlook of investing in PPG Industries suggests that many traders are alarmed regarding PPG Industries' prospects. The current market sentiment, together with PPG Industries' historical and current headlines, can help investors time the market. In addition, many technical investors use PPG Industries stock news signals to limit their universe of possible portfolio assets.
PPG Industries stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of PPG daily returns and investor perception about the current price of PPG Industries as well as its diversification or hedging effects on your existing portfolios.
PPG |
PPG Industries expects Q1 earnings to outperform prior guidance ... Seeking Alpha
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PPG Industries Fundamental Analysis
We analyze PPG Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PPG Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PPG Industries 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
PPG Industries is rated below average 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..
PPG Industries 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 PPG Industries stock to make a market-neutral strategy. Peer analysis of PPG Industries could also be used in its relative valuation, which is a method of valuing PPG Industries by comparing valuation metrics with similar companies.
Peers
PPG Industries Related Equities
AIL | Air Liquide | 0.06 |
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LIN | Linde PLC | 0.25 |
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LIN | Linde Plc | 0.34 |
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PPQ | PPG Industries | 0.48 |
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6D81 | Dupont De | 0.70 |
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SJ3 | Sherwin Williams | 0.91 |
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ECJ | Ecolab | 1.52 |
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DLY | LyondellBasell Industries | 2.72 |
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AMC | Albemarle | 4.19 |
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SIKB | SIKA AG | 5.79 |
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Complementary Tools for PPG Stock analysis
When running PPG Industries' price analysis, check to measure PPG Industries' 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 PPG Industries is operating at the current time. Most of PPG Industries' value examination focuses on studying past and present price action to predict the probability of PPG Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPG Industries' price. Additionally, you may evaluate how the addition of PPG Industries to your portfolios can decrease your overall portfolio volatility.
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