Scandium Canada Ltd. provides an update on its activities - TheNewswire.ca
SCD Stock | CAD 0.02 0.01 20.00% |
Slightly above 58% of Scandium Canada's investor base is looking to short. The current sentiment regarding investing in Scandium Canada stock implies that many traders are alarmed. Scandium Canada's investing sentiment can be driven by a variety of factors including economic data, Scandium Canada's earnings reports, geopolitical events, and overall market trends.
Scandium Canada stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Scandium daily returns and investor perception about the current price of Scandium Canada as well as its diversification or hedging effects on your existing portfolios.
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Scandium Canada Ltd. provides an update on its activities TheNewswire.ca
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Scandium Canada Fundamental Analysis
We analyze Scandium Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Scandium Canada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Scandium Canada 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.
Current Ratio
Current Ratio Comparative Analysis
Scandium Canada is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Scandium Canada 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 Scandium Canada stock to make a market-neutral strategy. Peer analysis of Scandium Canada could also be used in its relative valuation, which is a method of valuing Scandium Canada by comparing valuation metrics with similar companies.
Peers
Scandium Canada Related Equities
CCA | Cogeco Communications | 4.74 | ||||
VZ | Verizon Communications | 1.61 | ||||
XTC | Exco Technologies | 0.36 | ||||
CRM | Salesforce | 0.72 | ||||
XTRA | Xtract One | 1.49 | ||||
OM | Osisko Metals | 3.85 | ||||
ENDR | Enduro Metals | 5.56 |
Additional Tools for Scandium Stock Analysis
When running Scandium Canada's price analysis, check to measure Scandium Canada'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 Scandium Canada is operating at the current time. Most of Scandium Canada's value examination focuses on studying past and present price action to predict the probability of Scandium Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandium Canada's price. Additionally, you may evaluate how the addition of Scandium Canada to your portfolios can decrease your overall portfolio volatility.