Are You Looking for a Top Momentum Pick Why Construction Partners is a Great Choice
ROAD Stock | USD 94.76 0.20 0.21% |
About 62% of Construction Partners' investor base is looking to short. The current sentiment of investing in Construction Partners suggests that many traders are alarmed. The current market sentiment, together with Construction Partners' historical and current headlines, can help investors time the market. In addition, many technical investors use Construction Partners stock news signals to limit their universe of possible portfolio assets.
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Construction Partners Fundamental Analysis
We analyze Construction Partners' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Construction Partners using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Construction Partners 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
Construction Partners 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.
Construction Partners 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 Construction Partners stock to make a market-neutral strategy. Peer analysis of Construction Partners could also be used in its relative valuation, which is a method of valuing Construction Partners by comparing valuation metrics with similar companies.
Peers
Construction Partners Related Equities
BLD | Topbuild Corp | 5.33 | ||||
AMRC | Ameresco | 5.23 | ||||
KBR | KBR | 3.42 | ||||
STRL | Sterling Construction | 3.30 | ||||
PRIM | Primoris Services | 2.14 | ||||
MTRX | Matrix Service | 1.46 | ||||
TPC | Tutor Perini | 1.16 | ||||
GLDD | Great Lakes | 0.95 | ||||
FIX | Comfort Systems | 0.56 | ||||
GVA | Granite Construction | 0.55 | ||||
ACA | Arcosa | 0.13 | ||||
MYRG | MYR | 0.13 | ||||
EME | EMCOR | 1.06 |
Complementary Tools for Construction Stock analysis
When running Construction Partners' price analysis, check to measure Construction Partners' 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 Construction Partners is operating at the current time. Most of Construction Partners' value examination focuses on studying past and present price action to predict the probability of Construction Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Construction Partners' price. Additionally, you may evaluate how the addition of Construction Partners to your portfolios can decrease your overall portfolio volatility.
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