Why ANZ shares are making big news today - MSN
AN3PK Stock | 102.88 0.33 0.32% |
About 54% of ANZ Group's investor base is interested to short. The analysis of current outlook of investing in ANZ Group Holdings suggests that many traders are impartial regarding ANZ Group's prospects. The current market sentiment, together with ANZ Group's historical and current headlines, can help investors time the market. In addition, many technical investors use ANZ Group Holdings stock news signals to limit their universe of possible portfolio assets.
ANZ |
Why ANZ shares are making big news today MSN
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ANZ Group Fundamental Analysis
We analyze ANZ Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ANZ Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ANZ 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.
Return On Asset
Return On Asset Comparative Analysis
ANZ Group is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
ANZ Group Holdings 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 Group stock to make a market-neutral strategy. Peer analysis of ANZ Group could also be used in its relative valuation, which is a method of valuing ANZ Group by comparing valuation metrics with similar companies.
Peers
ANZ Group Related Equities
BIS | Bisalloy Steel | 3.81 | ||||
PBH | Pointsbet Holdings | 2.00 | ||||
MYS | Mystate | 1.92 | ||||
BXB | Brambles | 1.65 | ||||
JBH | JB Hi | 2.35 | ||||
SGM | Sims | 2.51 | ||||
TLX | Telix Pharmaceuticals | 3.62 | ||||
CBA | Commonwealth Bank | 3.67 | ||||
MME | MoneyMe | 5.56 |
Complementary Tools for ANZ Stock analysis
When running ANZ Group's price analysis, check to measure ANZ 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 ANZ Group is operating at the current time. Most of ANZ Group's value examination focuses on studying past and present price action to predict the probability of ANZ 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 ANZ Group's price. Additionally, you may evaluate how the addition of ANZ Group to your portfolios can decrease your overall portfolio volatility.
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