Copart Slid as Earnings Fell Short of Expectations
| RLXXF Stock | USD 47.65 0.45 0.95% |
Roughly 51% of Relx PLC's investor base is interested to short. The analysis of overall sentiment of trading Relx PLC pink sheet suggests that many investors are impartial at this time. The current market sentiment, together with Relx PLC's historical and current headlines, can help investors time the market. In addition, many technical investors use Relx PLC stock news signals to limit their universe of possible portfolio assets.
Relx PLC pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Relx daily returns and investor perception about the current price of Relx PLC as well as its diversification or hedging effects on your existing portfolios.
Relx |
ClearBridge Investments, an investment management company, released its ClearBridge Mid Cap Growth Strategy third quarter 2024 investor letter. A copy of the letter can be downloaded here.
Read at insidermonkey.com
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Relx PLC Fundamental Analysis
We analyze Relx PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Relx PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Relx PLC 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
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..
Relx PLC 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 Relx PLC pink sheet to make a market-neutral strategy. Peer analysis of Relx PLC could also be used in its relative valuation, which is a method of valuing Relx PLC by comparing valuation metrics with similar companies.
Peers
Relx PLC Related Equities
| RTO | Rentokil Initial | 3.18 | ||||
| ABM | ABM Industries | 0.16 | ||||
| MMS | Maximus | 0.28 | ||||
| CTAS | Cintas | 0.30 | ||||
| CASS | Cass Information | 0.41 | ||||
| PFMT | Performant Financial | 0.56 | ||||
| ARMK | Aramark Holdings | 0.62 | ||||
| TRI | Thomson Reuters | 0.66 | ||||
| RELX | Relx PLC | 0.66 | ||||
| RBA | RB Global | 0.85 | ||||
| GPN | Global Payments | 1.23 | ||||
| CPRT | Copart | 1.45 |
Complementary Tools for Relx Pink Sheet analysis
When running Relx PLC's price analysis, check to measure Relx PLC'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 Relx PLC is operating at the current time. Most of Relx PLC's value examination focuses on studying past and present price action to predict the probability of Relx PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Relx PLC's price. Additionally, you may evaluate how the addition of Relx PLC to your portfolios can decrease your overall portfolio volatility.
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