Bosch subsidiary plans to cut up to 400 jobs as car industry sputters
| 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.
With no sign of the German automotive industry crisis easing, the Bosch subsidiary ETAS, which specializes in vehicle software, is planning to cut up to 400 jobs worldwide. The plans affect around one in eight of its around 3,100 employees worldwide, although the exact number would depend on talks with staff representatives, a company spokeswoman said on Thursday. According to the company, more than half of these, around 1,650, were working in its six sites in Germany at the beginning of July. T
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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 |