Shoprite Holdings Ltd Share Price - AskTraders
HY7 Stock | EUR 15.60 0.40 2.50% |
Roughly 61% of Shoprite Holdings' investor base is looking to short. The analysis of current outlook of investing in Shoprite Holdings Limited suggests that many traders are alarmed regarding Shoprite Holdings' prospects. The current market sentiment, together with Shoprite Holdings' historical and current headlines, can help investors time the market. In addition, many technical investors use Shoprite Holdings stock news signals to limit their universe of possible portfolio assets.
Shoprite Holdings stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Shoprite daily returns and investor perception about the current price of Shoprite Holdings Limited as well as its diversification or hedging effects on your existing portfolios.
Shoprite |
Shoprite Holdings Ltd Share Price AskTraders
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Shoprite Holdings Fundamental Analysis
We analyze Shoprite Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shoprite Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shoprite Holdings 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 Book
Price To Book Comparative Analysis
Shoprite Holdings is one of the top stocks in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Shoprite Holdings 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 Shoprite Holdings stock to make a market-neutral strategy. Peer analysis of Shoprite Holdings could also be used in its relative valuation, which is a method of valuing Shoprite Holdings by comparing valuation metrics with similar companies.
Peers
Shoprite Holdings Related Equities
S1VA | PEPKOR | 8.90 | ||||
4HP | Isetan Mitsukoshi | 3.50 | ||||
FDO | Macys | 2.02 | ||||
3RKU | RYOHIN UNSPADR1 | 0.96 | ||||
HY7A | SHOPRITE HDGS | 0.66 | ||||
DL7A | Dillards | 0.96 | ||||
MA6 | Marks | 2.13 | ||||
HY7 | Shoprite Holdings | 2.50 | ||||
JUS1 | Aeon | 2.61 | ||||
SRI | Sun Art | 3.13 |
Complementary Tools for Shoprite Stock analysis
When running Shoprite Holdings' price analysis, check to measure Shoprite Holdings' 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 Shoprite Holdings is operating at the current time. Most of Shoprite Holdings' value examination focuses on studying past and present price action to predict the probability of Shoprite Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoprite Holdings' price. Additionally, you may evaluate how the addition of Shoprite Holdings to your portfolios can decrease your overall portfolio volatility.
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