Q3 2024 Marine Products Corp Earnings Call Transcript
Roughly 67% of Afterpay's investor base is looking to short. The analysis of overall sentiment of trading Afterpay Limited pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Afterpay's historical and current headlines, can help investors time the market. In addition, many technical investors use Afterpay Limited stock news signals to limit their universe of possible portfolio assets.
Afterpay pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Afterpay daily returns and investor perception about the current price of Afterpay Limited as well as its diversification or hedging effects on your existing portfolios.
Afterpay |
Oct 24, 2024 1200PM GMTOperator Good morning, and thank you for joining us for Marine Products Corporations Third Quarter 2020 for financial earnings confer
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Afterpay Fundamental Analysis
We analyze Afterpay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Afterpay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Afterpay 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Afterpay is currently under evaluation in probability of bankruptcy category among its peers. 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.
Afterpay Limited 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 Afterpay pink sheet to make a market-neutral strategy. Peer analysis of Afterpay could also be used in its relative valuation, which is a method of valuing Afterpay by comparing valuation metrics with similar companies.
Peers
Afterpay Related Equities
| DOOO | BRP | 0.42 |
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| AXR | AMREP | 0.94 |
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| ASO | Academy Sports | 1.83 |
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| SCHL | Scholastic | 2.34 |
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| MPX | Marine Products | 2.58 |
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| JDSPY | JD Sports | 11.20 |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Afterpay Pink Sheet
If you are still planning to invest in Afterpay Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Afterpay's history and understand the potential risks before investing.
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