Vodacom Group Is Aiming To Keep Up Its Impressive Returns - Simply Wall St
| VDMCY Stock | USD 5.41 0.04 0.74% |
Slightly above 54% of Vodacom Group's investor base is interested to short. The analysis of overall sentiment of trading Vodacom Group Ltd pink sheet suggests that many investors are impartial at this time. Vodacom Group's investing sentiment can be driven by a variety of factors including economic data, Vodacom Group's earnings reports, geopolitical events, and overall market trends.
Vodacom |
Vodacom Group Is Aiming To Keep Up Its Impressive Returns Simply Wall St
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Vodacom Group Fundamental Analysis
We analyze Vodacom Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vodacom Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vodacom Group 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
Vodacom Group 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.
Vodacom Group 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 Vodacom Group pink sheet to make a market-neutral strategy. Peer analysis of Vodacom Group could also be used in its relative valuation, which is a method of valuing Vodacom Group by comparing valuation metrics with similar companies.
Peers
Vodacom Group Related Equities
| TLTZY | Tele2 AB | 4.81 | ||||
| PHI | PLDT | 2.38 | ||||
| PTXKY | XL Axiata | 1.85 | ||||
| MTNOY | MTN Group | 1.12 | ||||
| KT | KT | 0.56 | ||||
| TELNY | Telenor ASA | 0.36 | ||||
| TIMB | TIM Participacoes | 0.25 | ||||
| SKM | SK Telecom | 0.14 | ||||
| WOW | WideOpenWest | 0.85 | ||||
| LBRDA | Liberty Broadband | 1.12 | ||||
| LBRDK | Liberty Broadband | 1.45 | ||||
| TELNF | Telenor ASA | 4.34 |
Additional Tools for Vodacom Pink Sheet Analysis
When running Vodacom Group's price analysis, check to measure Vodacom Group'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 Vodacom Group is operating at the current time. Most of Vodacom Group's value examination focuses on studying past and present price action to predict the probability of Vodacom Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vodacom Group's price. Additionally, you may evaluate how the addition of Vodacom Group to your portfolios can decrease your overall portfolio volatility.