Encompass Capital Advisors LLC Adjusts Stake in Greenfire Resources Ltd
| GFR Stock | 6.48 0.22 3.28% |
Slightly above 62% of Greenfire Resources' investor base is looking to short. The current sentiment of investing in Greenfire Resources suggests that many traders are alarmed. Greenfire Resources' investing sentiment overview a quick insight into current market opportunities from investing in Greenfire Resources. Many technical investors use Greenfire Resources stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Greenfire |
On September 30, 2024, Encompass Capital Advisors LLC made a significant adjustment to its investment in Greenfire Resources Ltd , a no
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Greenfire Resources Fundamental Analysis
We analyze Greenfire Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenfire Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenfire Resources 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.
Price To Sales
Price To Sales Comparative Analysis
Greenfire Resources is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Greenfire Resources 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 Greenfire Resources stock to make a market-neutral strategy. Peer analysis of Greenfire Resources could also be used in its relative valuation, which is a method of valuing Greenfire Resources by comparing valuation metrics with similar companies.
Peers
Greenfire Resources Related Equities
| CBRL | Cracker Barrel | 3.84 | ||||
| GTY | Getty Realty | 0.06 | ||||
| LULU | Lululemon Athletica | 0.48 | ||||
| DPZ | Dominos Pizza | 1.20 | ||||
| STKL | SunOpta | 1.52 | ||||
| WEYS | Weyco | 2.24 | ||||
| SSY | SunLink Health | 2.60 |
Additional Tools for Greenfire Stock Analysis
When running Greenfire Resources' price analysis, check to measure Greenfire Resources' 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 Greenfire Resources is operating at the current time. Most of Greenfire Resources' value examination focuses on studying past and present price action to predict the probability of Greenfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenfire Resources' price. Additionally, you may evaluate how the addition of Greenfire Resources to your portfolios can decrease your overall portfolio volatility.