Honeywell International Considers Divesting Aerospace Business
| ZWS Stock | USD 36.30 0.60 1.63% |
Slightly above 61% of Zurn Elkay's investor base is looking to short. The analysis of overall sentiment of trading Zurn Elkay Water stock suggests that many investors are alarmed at this time. Zurn Elkay's investing sentiment can be driven by a variety of factors including economic data, Zurn Elkay's earnings reports, geopolitical events, and overall market trends.
Zurn |
HON is planning to sale its Aerospace business as part of its business transformation strategy that aims to unlock values for shareholders.
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Zurn Elkay Fundamental Analysis
We analyze Zurn Elkay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zurn Elkay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zurn Elkay 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.
Net Asset
Net Asset Comparative Analysis
Zurn Elkay is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Zurn Elkay Water 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 Zurn Elkay stock to make a market-neutral strategy. Peer analysis of Zurn Elkay could also be used in its relative valuation, which is a method of valuing Zurn Elkay by comparing valuation metrics with similar companies.
Peers
Zurn Elkay Related Equities
| AKCCF | Aker Carbon | 3.70 | ||||
| TOMZ | TOMI Environmental | 0.97 | ||||
| SCWO | 374Water Common | 1.43 | ||||
| FSS | Federal Signal | 1.69 | ||||
| CECO | CECO Environmental | 2.01 | ||||
| FTEK | Fuel Tech | 2.86 | ||||
| ERII | Energy Recovery | 2.93 |
Additional Tools for Zurn Stock Analysis
When running Zurn Elkay's price analysis, check to measure Zurn Elkay'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 Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.