Tongling Nonferrous Metals GroupLtd First Quarter 2024 Earnings EPS CN0.087 - Simply Wall St
| 000630 Stock | 3.30 0.04 1.23% |
About 52% of Tongling Nonferrous' investors are presently thinking to get in. The current sentiment regarding investing in Tongling Nonferrous Metals stock implies that some traders are interested. The current market sentiment, together with Tongling Nonferrous' historical and current headlines, can help investors time the market. In addition, many technical investors use Tongling Nonferrous stock news signals to limit their universe of possible portfolio assets.
Tongling |
Tongling Nonferrous Metals GroupLtd First Quarter 2024 Earnings EPS CN0.087 Simply Wall St
Read at news.google.com
 |
Tongling Nonferrous Fundamental Analysis
We analyze Tongling Nonferrous' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tongling Nonferrous using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tongling Nonferrous 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.
Working Capital
Working Capital Comparative Analysis
Tongling Nonferrous is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Tongling Nonferrous 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 Tongling Nonferrous stock to make a market-neutral strategy. Peer analysis of Tongling Nonferrous could also be used in its relative valuation, which is a method of valuing Tongling Nonferrous by comparing valuation metrics with similar companies.
Peers
Tongling Nonferrous Related Equities
| 002460 | Jiangxi Ganfeng | 2.59 | ||||
| 603260 | Hoshine Silicon | 1.58 | ||||
| 600547 | Shandong Gold | 1.41 | ||||
| 600160 | Zhejiang Juhua | 1.27 | ||||
| 000807 | Yunnan Aluminium | 1.11 | ||||
| 600309 | Wanhua Chemical | 0.51 | ||||
| 600019 | Baoshan Iron | 0.30 | ||||
| 600010 | Inner Mongolia | 0.52 | ||||
| 002493 | Rongsheng Petrochemical | 0.93 |
Complementary Tools for Tongling Stock analysis
When running Tongling Nonferrous' price analysis, check to measure Tongling Nonferrous' 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 Tongling Nonferrous is operating at the current time. Most of Tongling Nonferrous' value examination focuses on studying past and present price action to predict the probability of Tongling Nonferrous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tongling Nonferrous' price. Additionally, you may evaluate how the addition of Tongling Nonferrous to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |