L.B. Foster Co Trading Down 2.51 percent on Nov 20
| SPGSCI Index | 546.30 3.13 0.58% |
About 52% of SP Goldman's investor base is interested to short. The analysis of the overall investor sentiment regarding SP Goldman Sachs suggests that many traders are impartial. The current market sentiment, together with SP Goldman's historical and current headlines, can help investors time the market. In addition, many technical investors use SP Goldman Sachs index news signals to limit their universe of possible portfolio assets.
Shares of L.B. Foster Co fell 2.51 percent in mid-day trading on Nov 20. The stock reached an intraday low of 24.71, before recovering slightly to 25.07,
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SP Goldman Sachs 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 SP Goldman index to make a market-neutral strategy. Peer analysis of SP Goldman could also be used in its relative valuation, which is a method of valuing SP Goldman by comparing valuation metrics with similar companies.
Peers
SP Goldman Related Equities
| DKL | Delek Logistics | 1.74 | ||||
| TFII | TFI International | 0.22 | ||||
| FSTR | LB Foster | 0.07 | ||||
| AFYA | Afya | 0.19 | ||||
| FIZZ | National Beverage | 0.64 | ||||
| UAL | United Airlines | 0.90 | ||||
| KO | Coca Cola | 1.13 |