Boot Barn stock tumbles 10 percent on earnings miss, CEO departure
ROST Stock | USD 140.69 1.64 1.15% |
Slightly above 57% of Ross Stores' investor base is looking to short. The analysis of current outlook of investing in Ross Stores suggests that many traders are alarmed regarding Ross Stores' prospects. Ross Stores' investing sentiment can be driven by a variety of factors including economic data, Ross Stores' earnings reports, geopolitical events, and overall market trends.
Ross |
Boot Barn stock tumbles 10 percent on earnings miss, CEO departure
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Ross Stores Current Investor Sentiment
Panic Vs Confidence
43
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Ross Stores' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Ross Stores.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Ross Stores Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Ross Stores can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ross Stores Historical Investor Sentiment
Investor biases related to Ross Stores' public news can be used to forecast risks associated with an investment in Ross. The trend in average sentiment can be used to explain how an investor holding Ross can time the market purely based on public headlines and social activities around Ross Stores. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ross Stores' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ross Stores and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Ross Stores news discussions. The higher the estimate score, the more favorable the investor's outlook on Ross Stores.
Ross Stores Fundamental Analysis
We analyze Ross Stores' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ross Stores using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ross Stores 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
Ross Stores 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.
Ross Stores 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 Ross Stores stock to make a market-neutral strategy. Peer analysis of Ross Stores could also be used in its relative valuation, which is a method of valuing Ross Stores by comparing valuation metrics with similar companies.
Peers
Ross Stores Related Equities
VSCO | Victorias Secret | 1.78 | ||||
BOOT | Boot Barn | 1.57 | ||||
VNCE | Vince Holding | 1.16 | ||||
RL | Ralph Lauren | 1.46 | ||||
SHOO | Steven Madden | 1.64 | ||||
AMD | Advanced Micro | 2.84 | ||||
MTSI | MACOM Technology | 2.97 | ||||
ON | ON Semiconductor | 3.37 |
Additional Tools for Ross Stock Analysis
When running Ross Stores' price analysis, check to measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.