Edenred Sa Stock Shares Outstanding

EDEN Stock  EUR 46.94  2.18  4.87%   
Edenred SA fundamentals help investors to digest information that contributes to Edenred SA's financial success or failures. It also enables traders to predict the movement of Edenred Stock. The fundamental analysis module provides a way to measure Edenred SA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Edenred SA stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Edenred SA Company Shares Outstanding Analysis

Edenred SA's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Edenred SA Shares Outstanding

    
  249.07 M  
Most of Edenred SA's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Edenred SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, Edenred SA has 249.07 M of shares currently outstending. This is 86.43% lower than that of the Commercial Services & Supplies sector and 20.89% lower than that of the Industrials industry. The shares outstanding for all France stocks is 56.44% higher than that of the company.

Edenred Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Edenred SA's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Edenred SA could also be used in its relative valuation, which is a method of valuing Edenred SA by comparing valuation metrics of similar companies.
Edenred SA is currently under evaluation in shares outstanding category among related companies.

Edenred Fundamentals

About Edenred SA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Edenred SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Edenred SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Edenred SA 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.
Please read more on our fundamental analysis page.

Pair Trading with Edenred SA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Edenred SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Edenred SA will appreciate offsetting losses from the drop in the long position's value.

Moving against Edenred Stock

  0.74ALIDS Idsud SAPairCorr
The ability to find closely correlated positions to Edenred SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edenred SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Edenred SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Edenred SA to buy it.
The correlation of Edenred SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Edenred SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edenred SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Edenred SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edenred SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Edenred Stock analysis

When running Edenred SA's price analysis, check to measure Edenred SA'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 Edenred SA is operating at the current time. Most of Edenred SA's value examination focuses on studying past and present price action to predict the probability of Edenred SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edenred SA's price. Additionally, you may evaluate how the addition of Edenred SA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Edenred SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edenred SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edenred SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.