MakeMyTrip buys Happay from CRED
MMYT Stock | USD 114.17 1.52 1.31% |
Slightly above 57% of MakeMyTrip's investor base is looking to short. The analysis of overall sentiment of trading MakeMyTrip Limited stock suggests that many investors are alarmed at this time. MakeMyTrip's investing sentiment can be driven by a variety of factors including economic data, MakeMyTrip's earnings reports, geopolitical events, and overall market trends.
MakeMyTrip |
MakeMyTrip, Indias largest online travel company, has agreed to acquire the expense management platform Happay from fintech CRED. The deal, announced on MakeMyTrip has agreed to acquire the expense management platform Happay from fintech CRED.
Read at techcrunch.com
MakeMyTrip Limited Current Investor Sentiment
Panic Vs Confidence
43
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use MakeMyTrip's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward MakeMyTrip Limited.
News SentimentBullish | Hype SentimentBearish | Insider SentimentWaiting |
MakeMyTrip Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards MakeMyTrip can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
MakeMyTrip Limited Historical Investor Sentiment
Investor biases related to MakeMyTrip's public news can be used to forecast risks associated with an investment in MakeMyTrip. The trend in average sentiment can be used to explain how an investor holding MakeMyTrip can time the market purely based on public headlines and social activities around MakeMyTrip Limited. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
MakeMyTrip's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MakeMyTrip and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average MakeMyTrip news discussions. The higher the estimate score, the more favorable the investor's outlook on MakeMyTrip.
MakeMyTrip Fundamental Analysis
We analyze MakeMyTrip's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MakeMyTrip using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MakeMyTrip 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.
EBITDA
EBITDA Comparative Analysis
MakeMyTrip is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
MakeMyTrip Limited 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 MakeMyTrip stock to make a market-neutral strategy. Peer analysis of MakeMyTrip could also be used in its relative valuation, which is a method of valuing MakeMyTrip by comparing valuation metrics with similar companies.
Peers
MakeMyTrip Related Equities
AMADF | Amadeus IT | 5.64 | ||||
TRIP | TripAdvisor | 2.49 | ||||
TNL | Travel Leisure | 1.21 | ||||
YTRA | Yatra Online | 0.79 | ||||
TUIFF | TUI AG | 0.00 | ||||
DESP | Despegar Corp | 0.05 | ||||
LIND | Lindblad Expeditions | 1.15 | ||||
ISPO | Inspirato | 1.49 | ||||
TOUR | Tuniu Corp | 3.00 |
Additional Tools for MakeMyTrip Stock Analysis
When running MakeMyTrip's price analysis, check to measure MakeMyTrip'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 MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.