Market Analysis and Outlook for EVE Holding, Inc. as ... - Best Stocks
| NEWA-B Stock | SEK 96.75 0.46 0.48% |
About 54% of New Wave's investor base is interested to short. The analysis of current outlook of investing in New Wave Group suggests that many traders are impartial regarding New Wave's prospects. The current market sentiment, together with New Wave's historical and current headlines, can help investors time the market. In addition, many technical investors use New Wave Group stock news signals to limit their universe of possible portfolio assets.
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Market Analysis and Outlook for EVE Holding, Inc. as ... Best Stocks
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New Wave Fundamental Analysis
We analyze New Wave's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Wave using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Wave 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.
Z Score
Z Score Comparative Analysis
New Wave is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
New Wave Group 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 New Wave stock to make a market-neutral strategy. Peer analysis of New Wave could also be used in its relative valuation, which is a method of valuing New Wave by comparing valuation metrics with similar companies.
Peers
New Wave Related Equities
| BMAX | Byggmax Group | 1.85 | ||||
| HTRO | Hexatronic Group | 0.35 | ||||
| LIAB | Lindab International | 0.18 | ||||
| INWI | Inwido AB | 0.38 | ||||
| BILI-A | Bilia AB | 2.00 |
Complementary Tools for New Stock analysis
When running New Wave's price analysis, check to measure New Wave'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 New Wave is operating at the current time. Most of New Wave's value examination focuses on studying past and present price action to predict the probability of New Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Wave's price. Additionally, you may evaluate how the addition of New Wave to your portfolios can decrease your overall portfolio volatility.
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