C29 Metals Suspends Trading Amid Kazakhstan Deal - TipRanks
| C29 Stock | 0.05 0 4.08% |
Slightly above 55% of C29 Metals' private investors are presently thinking to get in. The current sentiment regarding investing in C29 Metals stock implies that some traders are interested. C29 Metals' investing sentiment can be driven by a variety of factors including economic data, C29 Metals' earnings reports, geopolitical events, and overall market trends.
C29 |
C29 Metals Suspends Trading Amid Kazakhstan Deal TipRanks
Read at news.google.com
 |
C29 Metals Fundamental Analysis
We analyze C29 Metals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of C29 Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of C29 Metals 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.
Beta
Beta Comparative Analysis
C29 Metals is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
C29 Metals 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 C29 Metals stock to make a market-neutral strategy. Peer analysis of C29 Metals could also be used in its relative valuation, which is a method of valuing C29 Metals by comparing valuation metrics with similar companies.
Peers
C29 Metals Related Equities
| TLM | Talisman Mining | 4.76 | ||||
| HCW | Healthco Healthcare | 3.00 | ||||
| FPH | Fisher Paykel | 1.20 | ||||
| CKF | Collins Foods | 0.68 | ||||
| CHN | Chalice Mining | 0.90 | ||||
| PRU | Perseus Mining | 1.93 |
Additional Tools for C29 Stock Analysis
When running C29 Metals' price analysis, check to measure C29 Metals' 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 C29 Metals is operating at the current time. Most of C29 Metals' value examination focuses on studying past and present price action to predict the probability of C29 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C29 Metals' price. Additionally, you may evaluate how the addition of C29 Metals to your portfolios can decrease your overall portfolio volatility.