Are You a Value Investor This 1 Stock Could Be the Perfect Pick
| ARRY Stock | USD 5.91 0.09 1.50% |
Slightly above 62% of Array Technologies' investor base is looking to short. The current sentiment of investing in Array Technologies suggests that many traders are alarmed. Array Technologies' investing sentiment can be driven by a variety of factors including economic data, Array Technologies' earnings reports, geopolitical events, and overall market trends.
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Array Technologies Fundamental Analysis
We analyze Array Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Array Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Array Technologies 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.
Total Debt
Total Debt Comparative Analysis
Array Technologies is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Array Technologies 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 Array Technologies stock to make a market-neutral strategy. Peer analysis of Array Technologies could also be used in its relative valuation, which is a method of valuing Array Technologies by comparing valuation metrics with similar companies.
Peers
Array Technologies Related Equities
| FSLR | First Solar | 1.86 | ||||
| EXEL | Exelixis | 1.77 | ||||
| NXT | Nextracker | 0.52 | ||||
| ACAD | ACADIA Pharmaceuticals | 1.66 | ||||
| RUN | Sunrun | 2.89 | ||||
| MAXN | Maxeon Solar | 4.28 | ||||
| SHLS | Shoals Technologies | 13.20 |
Additional Tools for Array Stock Analysis
When running Array Technologies' price analysis, check to measure Array Technologies' 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 Array Technologies is operating at the current time. Most of Array Technologies' value examination focuses on studying past and present price action to predict the probability of Array Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array Technologies' price. Additionally, you may evaluate how the addition of Array Technologies to your portfolios can decrease your overall portfolio volatility.