Contact Energy Sees Mixed Results in October 2024 Report - Nasdaq
| BZB Stock | EUR 4.52 0.04 0.88% |
Roughly 61% of Contact Energy's investor base is looking to short. The analysis of current outlook of investing in Contact Energy Limited suggests that many traders are alarmed regarding Contact Energy's prospects. The current market sentiment, together with Contact Energy's historical and current headlines, can help investors time the market. In addition, many technical investors use Contact Energy stock news signals to limit their universe of possible portfolio assets.
Contact Energy stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Contact daily returns and investor perception about the current price of Contact Energy Limited as well as its diversification or hedging effects on your existing portfolios.
Contact |
Contact Energy Sees Mixed Results in October 2024 Report Nasdaq
Read at news.google.com
 |
Contact Energy Fundamental Analysis
We analyze Contact Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Contact Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Contact Energy 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.
Current Valuation
Current Valuation Comparative Analysis
Contact Energy is rated fifth in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Contact Energy 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 Contact Energy stock to make a market-neutral strategy. Peer analysis of Contact Energy could also be used in its relative valuation, which is a method of valuing Contact Energy by comparing valuation metrics with similar companies.
Peers
Contact Energy Related Equities
| BJI | Datang International | 5.88 | ||||
| CENN | CENTRICA ADR | 0.87 | ||||
| CYZB | CN YANGTPWR | 0.57 | ||||
| 06Y | POLENERGIA | 0.31 | ||||
| ENR | Siemens Energy | 0.39 | ||||
| BZB | Contact Energy | 0.88 | ||||
| ENR0 | SIEMENS ENERGY | 0.97 | ||||
| 0V6 | Vistra Corp | 3.52 |
Complementary Tools for Contact Stock analysis
When running Contact Energy's price analysis, check to measure Contact Energy'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 Contact Energy is operating at the current time. Most of Contact Energy's value examination focuses on studying past and present price action to predict the probability of Contact Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Contact Energy's price. Additionally, you may evaluate how the addition of Contact Energy to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |