Closing Bell ASX slumps as banks and miners tumble Trump taps Musk to run DOGE show - Stockhead
| RIE Stock | 0.03 0 3.23% |
Slightly above 56% of all Riedel Resources' private investors are looking to take a long position. The current sentiment regarding investing in Riedel Resources stock implies that some traders are interested. Riedel Resources' investing sentiment can be driven by a variety of factors including economic data, Riedel Resources' earnings reports, geopolitical events, and overall market trends.
Riedel |
Closing Bell ASX slumps as banks and miners tumble Trump taps Musk to run DOGE show Stockhead
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Riedel Resources Fundamental Analysis
We analyze Riedel Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Riedel Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Riedel Resources 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.
Beta
Beta Comparative Analysis
Riedel Resources is currently under evaluation in beta category among its peers. 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.
Riedel Resources 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 Riedel Resources stock to make a market-neutral strategy. Peer analysis of Riedel Resources could also be used in its relative valuation, which is a method of valuing Riedel Resources by comparing valuation metrics with similar companies.
Peers
Riedel Resources Related Equities
| EVN | Evolution Mining | 1.24 | ||||
| DEG | De Grey | 0.55 | ||||
| ATM | Aneka Tambang | 0.00 | ||||
| BSL | Bluescope Steel | 0.05 | ||||
| SFR | Sandfire Resources | 0.22 | ||||
| NST | Northern Star | 0.57 | ||||
| PRU | Perseus Mining | 0.76 |
Additional Tools for Riedel Stock Analysis
When running Riedel Resources' price analysis, check to measure Riedel Resources' 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 Riedel Resources is operating at the current time. Most of Riedel Resources' value examination focuses on studying past and present price action to predict the probability of Riedel Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riedel Resources' price. Additionally, you may evaluate how the addition of Riedel Resources to your portfolios can decrease your overall portfolio volatility.