Unpleasant Surprises Could Be In Store For Trex Company, Inc.s Shares
| TREX Stock | USD 75.52 0.49 0.65% |
Slightly above 51% of Trex's investor base is interested to short. The analysis of overall sentiment of trading Trex Company stock suggests that many investors are impartial at this time. Trex's investing sentiment can be driven by a variety of factors including economic data, Trex's earnings reports, geopolitical events, and overall market trends.
Trex |
When close to half the companies in the United States have price-to-earnings ratios below 19x, you may...
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Trex Fundamental Analysis
We analyze Trex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trex 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.
Return On Equity
Return On Equity Comparative Analysis
Trex is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Trex Company 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 Trex stock to make a market-neutral strategy. Peer analysis of Trex could also be used in its relative valuation, which is a method of valuing Trex by comparing valuation metrics with similar companies.
Peers
Trex Related Equities
| ROCK | Gibraltar Industries | 0.51 | ||||
| APOG | Apogee Enterprises | 0.20 | ||||
| LII | Lennox International | 0.05 | ||||
| MAS | Masco | 0.07 | ||||
| JCI | Johnson Controls | 0.23 | ||||
| FBIN | Fortune Brands | 0.23 | ||||
| TT | Trane Technologies | 0.34 | ||||
| AWI | Armstrong World | 0.43 | ||||
| NX | Quanex Building | 0.57 | ||||
| CSL | Carlisle Companies | 0.75 | ||||
| BLDR | Builders FirstSource | 0.88 | ||||
| OC | Owens Corning | 1.10 | ||||
| CARR | Carrier Global | 1.40 |
Additional Tools for Trex Stock Analysis
When running Trex's price analysis, check to measure Trex'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 Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.