MGM RESORTS INTERNATIONAL, GRUPO GLOBO FORM NEW VENTURE SEEKING SPORTS BETTING IGAMING LICENSE IN BRAZIL - StockTitan
| SPORTS Stock | MXN 6.40 0.01 0.16% |
About 53% of Grupo Sports' investor base is interested to short. The analysis of current outlook of investing in Grupo Sports World suggests that many traders are impartial regarding Grupo Sports' prospects. The current market sentiment, together with Grupo Sports' historical and current headlines, can help investors time the market. In addition, many technical investors use Grupo Sports World stock news signals to limit their universe of possible portfolio assets.
Grupo |
MGM RESORTS INTERNATIONAL, GRUPO GLOBO FORM NEW VENTURE SEEKING SPORTS BETTING IGAMING LICENSE IN BRAZIL StockTitan
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Grupo Sports Fundamental Analysis
We analyze Grupo Sports' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grupo Sports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grupo Sports 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.
Beta
Beta Comparative Analysis
Grupo Sports is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Grupo Sports World 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 Grupo Sports stock to make a market-neutral strategy. Peer analysis of Grupo Sports could also be used in its relative valuation, which is a method of valuing Grupo Sports by comparing valuation metrics with similar companies.
Peers
Grupo Sports Related Equities
| GPROFUT | Grupo Profuturo | 7.53 | ||||
| IYW | IShares Trust | 1.47 | ||||
| VOLARA | Controladora Vuela | 1.12 | ||||
| PINFRAL | Promotora | 0.62 | ||||
| WOOD | IShares Global | 0.00 | ||||
| XLU | Select Sector | 1.08 | ||||
| PINFRA | Promotora | 1.29 | ||||
| XOP | SPDR Series | 4.47 | ||||
| FGEN | FibroGen | 11.34 |
Complementary Tools for Grupo Stock analysis
When running Grupo Sports' price analysis, check to measure Grupo Sports' 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 Grupo Sports is operating at the current time. Most of Grupo Sports' value examination focuses on studying past and present price action to predict the probability of Grupo Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Sports' price. Additionally, you may evaluate how the addition of Grupo Sports to your portfolios can decrease your overall portfolio volatility.
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