IOO Price Target Hit, Expecting Consolidation Soon Among Global Mega-Caps - Seeking Alpha
| ZYUS Etf | 15.64 0.07 0.45% |
Slightly above 53% of ANZ SP's investor base is interested to short. The current sentiment regarding investing in ANZ SP 500 etf implies that many traders are impartial. ANZ SP's investing sentiment can be driven by a variety of factors including economic data, ANZ SP's earnings reports, geopolitical events, and overall market trends.
ANZ |
IOO Price Target Hit, Expecting Consolidation Soon Among Global Mega-Caps Seeking Alpha
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ANZ SP Fundamental Analysis
We analyze ANZ SP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ANZ SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ANZ SP based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
ANZ SP is rated fifth in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
ANZ SP 500 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 ANZ SP etf to make a market-neutral strategy. Peer analysis of ANZ SP could also be used in its relative valuation, which is a method of valuing ANZ SP by comparing valuation metrics with similar companies.
Peers
ANZ SP Related Equities
| ZYUS | ANZ SP | 0.45 | ||||
| IAA | IShares Asia | 0.14 | ||||
| IVV | IShares Core | 0.30 | ||||
| IOO | ISharesGlobal 100 | 0.46 | ||||
| VGAD | Vanguard MSCI | 0.62 | ||||
| RBTZ | BetaShares Global | 1.70 |
Other Information on Investing in ANZ Etf
ANZ SP financial ratios help investors to determine whether ANZ Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ANZ with respect to the benefits of owning ANZ SP security.