Why Bath Body Works is the Cheapest Retail Stock to Buy According to Analysts - Insider Monkey
| B1BW34 Stock | 58.62 0.37 0.63% |
About 56% of Bath Body's investor base is looking to short. The analysis of current outlook of investing in Bath Body Works suggests that many traders are alarmed regarding Bath Body's prospects. The current market sentiment, together with Bath Body's historical and current headlines, can help investors time the market. In addition, many technical investors use Bath Body Works stock news signals to limit their universe of possible portfolio assets.
Bath |
Why Bath Body Works is the Cheapest Retail Stock to Buy According to Analysts Insider Monkey
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Bath Body Fundamental Analysis
We analyze Bath Body's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bath Body using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bath Body 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.
Z Score
Z Score Comparative Analysis
Bath Body is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Bath Body Works 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 Bath Body stock to make a market-neutral strategy. Peer analysis of Bath Body could also be used in its relative valuation, which is a method of valuing Bath Body by comparing valuation metrics with similar companies.
Peers
Bath Body Related Equities
| NORD3 | Nordon Indstrias | 4.76 | ||||
| MLAS3 | Multilaser Industrial | 1.83 | ||||
| GOAU4 | Metalurgica Gerdau | 1.41 | ||||
| I1RM34 | Iron Mountain | 0.36 | ||||
| P1YC34 | Paycom Software | 0.00 | ||||
| T1TW34 | Take Two | 1.37 | ||||
| USSX34 | United States | 3.71 |
Complementary Tools for Bath Stock analysis
When running Bath Body's price analysis, check to measure Bath Body'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 Bath Body is operating at the current time. Most of Bath Body's value examination focuses on studying past and present price action to predict the probability of Bath Body's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bath Body's price. Additionally, you may evaluate how the addition of Bath Body to your portfolios can decrease your overall portfolio volatility.
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