Short Interest in Ashtead Group plc Expands By 22.3 percent - Defense World
| ASHTY Stock | USD 327.49 3.62 1.12% |
Slightly above 52% of Ashtead Gro's investors are presently thinking to get in. The analysis of overall sentiment of trading Ashtead Gro pink sheet suggests that some investors are interested at this time. Ashtead Gro's investing sentiment can be driven by a variety of factors including economic data, Ashtead Gro's earnings reports, geopolitical events, and overall market trends.
Ashtead |
Short Interest in Ashtead Group plc Expands By 22.3 Defense World
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Ashtead Gro Fundamental Analysis
We analyze Ashtead Gro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashtead Gro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashtead Gro 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
Ashtead Gro 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.
Ashtead Gro 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 Ashtead Gro pink sheet to make a market-neutral strategy. Peer analysis of Ashtead Gro could also be used in its relative valuation, which is a method of valuing Ashtead Gro by comparing valuation metrics with similar companies.
Peers
Ashtead Gro Related Equities
| BCVVF | BOC Aviation | 6.94 | ||||
| MWG | Multi Ways | 3.85 | ||||
| URI | United Rentals | 1.40 | ||||
| ALTG-PA | Alta Equipment | 0.12 | ||||
| BDIMF | Black Diamond | 0.00 | ||||
| SLNFF | Solution Financial | 0.00 | ||||
| ASHTF | Ashtead Group | 0.49 | ||||
| AER | AerCap Holdings | 1.26 | ||||
| HTZ | Hertz Global | 4.45 | ||||
| FPAY | FlexShopper | 11.93 |
Additional Tools for Ashtead Pink Sheet Analysis
When running Ashtead Gro's price analysis, check to measure Ashtead Gro'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 Ashtead Gro is operating at the current time. Most of Ashtead Gro's value examination focuses on studying past and present price action to predict the probability of Ashtead Gro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashtead Gro's price. Additionally, you may evaluate how the addition of Ashtead Gro to your portfolios can decrease your overall portfolio volatility.