Algoma Central Corporation Reports Financial Results for the 2024 First Quarter - Yahoo Finance UK

AGMJF Stock  USD 10.75  0.00  0.00%   
Roughly 56% of Algoma Central's investor base is looking to short. The analysis of overall sentiment of trading Algoma Central pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Algoma Central's historical and current headlines, can help investors time the market. In addition, many technical investors use Algoma Central stock news signals to limit their universe of possible portfolio assets.
Algoma Central 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 Algoma daily returns and investor perception about the current price of Algoma Central as well as its diversification or hedging effects on your existing portfolios.
  
Algoma Central Corporation Reports Financial Results for the 2024 First Quarter Yahoo Finance UK

Read at news.google.com
Google News at Macroaxis
  

Algoma Central Fundamental Analysis

We analyze Algoma Central's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Algoma Central using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Algoma Central 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.

Debt To Equity

Debt To Equity Comparative Analysis

Algoma Central is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

Algoma Central 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 Algoma Central pink sheet to make a market-neutral strategy. Peer analysis of Algoma Central could also be used in its relative valuation, which is a method of valuing Algoma Central by comparing valuation metrics with similar companies.

Peers

Algoma Central Related Equities

CICOFCOSCO SHIPPING   6.54   
0%
70.0%
MPZZFMPC Container   1.14   
0%
12.0%
DMCOFDAmico International   0.49   
0%
5.0%
AMKBYAP Moeller   0.13   
0%
1.0%
WSSTFWestern Bulk   0.00   
0%
0%
CMHHFChina Merchants   0.00   
0%
0%
OROVFOrient Overseas   0.00   
0%
0%
AMKAFAP Moeller   0.05   
1.0%
0%
MSLOYMitsui OSK   1.13   
12.0%
0%
SMHISEACOR Marine   1.17   
12.0%
0%
HSHPHimalaya Shipping   1.71   
18.0%
0%
AMKBFAP Mller   2.07   
22.0%
0%
HLAGFHapag Lloyd   2.89   
31.0%
0%
HPGLYHapag Lloyd   3.76   
40.0%
0%
SITIYSITC International   9.28   
100.0%
0%

Complementary Tools for Algoma Pink Sheet analysis

When running Algoma Central's price analysis, check to measure Algoma Central'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 Algoma Central is operating at the current time. Most of Algoma Central's value examination focuses on studying past and present price action to predict the probability of Algoma Central's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Central's price. Additionally, you may evaluate how the addition of Algoma Central to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories