Gores Story

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GMHI -- USA Stock  

USD 13.51  0.09  0.66%

It looks like Dmy Technology will be up for a correction way faster as its share price whent up 10.13% today to Gores Metropoulos's 3.0719%. As many millenniums are getting more into financial services space, we are going to concentrate on Gores Metropoulos and Dmy Technology as potential short-horizon trade. We are going to examine some of the competitive aspects of both Gores and Dmy Technology.
Published 3 days ago
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Should we be locking in Dmy Technology or Gores Metropoulos?
By analyzing existing basic indicators between Gores Metropoulos and Dmy Technology, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Dmy Technology with a short position in Gores Metropoulos. Check out our pair correlation module for more information.

Let's begin by analyzing the assets. One of the ways to look at asset utilization of Gores is to check how much profit was generated for every dollar of assets it reports. Gores Metropoulos harnesses its resources almost 0.0116 (percent), generating 0.0116 cents for each dollar of resources held by the firm. An expanding asset utilization attests that the company is being more effective with each dollar of resources it retains. Simply put, asset utilization of Gores Metropoulos shows how effective it operates for each dollar spent on its resources.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Gores or Dmy Technology is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

How important is Gores Metropoulos's Liquidity

Gores Metropoulos financial leverage refers to using borrowed capital as a funding source to finance Gores Metropoulos Cl ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Gores Metropoulos financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Gores Metropoulos's total debt and its cash.

Correlation Between Gores and Dmy Technology Group

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Gores Metropoulos together with similar or unrelated positions with a negative correlation. For example, you can also add Dmy Technology to your portfolio. If Dmy Technology is not perfectly correlated to Gores Metropoulos it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Gores Metropoulos for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down. Please check pair correlation details between GMHI and DMYT for more information.

Another Deeper Perspective

Cash and Equivalents Breakdown

Now, let's check Gores Metropoulos cash and equivalents. In accordance with the recently published financial statements, Gores Metropoulos Cl has 518.87 K in Cash and Equivalents. This is 100.0% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The cash and equivalents for all United States stocks is 99.98% higher than that of Gores Metropoulos. As for Dmy Technology we see cash and equivalents of 481.61 K, which is much higher than that of the Shell Companies

Gores518,870
Sector0.0
Dmy Technology481,610
518.9 K
Gores
Sector
481.6 K
Dmy Technology

Gores Metropoulos implied volatility may change after the rise

Current value at risk is at -4.03. Gores Metropoulos Cl currently demonstrates below-verage downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of 0.05. However, we do advice investors to further question Gores Metropoulos Cl expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Takeaway on Gores Metropoulos Investment

While other companies under the shell companies industry are still a bit expensive, Gores Metropoulos may offer a potential longer-term growth to stockholders. The inconsistency in the assessment between current Gores valuation and our trade advice on Gores Metropoulos is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Gores Metropoulos.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Gores Metropoulos Cl. Please refer to our Terms of Use for any information regarding our disclosure principles.

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