Q3 2024 PennantPark Floating Rate Capital Ltd Earnings Call Transcript
| VGFCQDelisted Stock | 0.02 0.00 0.00% |
Slightly above 54% of Very Good's investor base is interested to short. The analysis of overall sentiment of trading The Very Good pink sheet suggests that many investors are impartial at this time. Very Good's investing sentiment overview a quick insight into current market opportunities from investing in The Very Good. Many technical investors use Very Good stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Very |
Aug 08, 2024 0100PM GMTOperator Good morning, and welcome to the PennantPark Floating Rate Capitals third-fiscal-quarter 2024 earnings conference call. Toda
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Very Good Fundamental Analysis
We analyze Very Good's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Very Good using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Very Good 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Very Good is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Very Good 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 Very Good pink sheet to make a market-neutral strategy. Peer analysis of Very Good could also be used in its relative valuation, which is a method of valuing Very Good by comparing valuation metrics with similar companies.
Peers
Very Good Related Equities
| BLD | Topbuild Corp | 0.84 | ||||
| PRIM | Primoris Services | 0.40 | ||||
| GFF | Griffon | 0.19 | ||||
| PH | Parker Hannifin | 0.03 | ||||
| KDP | Keurig Dr | 0.49 | ||||
| SAM | Boston Beer | 0.60 | ||||
| PKOH | Park Ohio | 0.73 | ||||
| WVVI | Willamette Valley | 1.78 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Very Pink Sheet
If you are still planning to invest in Very Good check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Very Good's history and understand the potential risks before investing.
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