Painful week for retail investors invested in Weichai Power Co., Ltd. after 4.4 percent drop, institutions also suffered losses - Simply Wall St
000880 Stock | 11.84 0.94 7.36% |
About 61% of Weichai Heavy's investor base is looking to short. The analysis of overall sentiment of trading Weichai Heavy Machinery stock suggests that many investors are alarmed at this time. The current market sentiment, together with Weichai Heavy's historical and current headlines, can help investors time the market. In addition, many technical investors use Weichai Heavy Machinery stock news signals to limit their universe of possible portfolio assets.
Weichai |
Painful week for retail investors invested in Weichai Power Co., Ltd. after 4.4 percent drop, institutions also suffered losses Simply Wall St
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Weichai Heavy Fundamental Analysis
We analyze Weichai Heavy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Weichai Heavy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Weichai Heavy 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
Weichai Heavy 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.
Weichai Heavy Machinery 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 Weichai Heavy stock to make a market-neutral strategy. Peer analysis of Weichai Heavy could also be used in its relative valuation, which is a method of valuing Weichai Heavy by comparing valuation metrics with similar companies.
Peers
Weichai Heavy Related Equities
002121 | Shenzhen Clou | 1.07 | ||||
002238 | Shenzhen Topway | 0.86 | ||||
603115 | Nantong Haixing | 2.72 | ||||
000638 | Vanfund Urban | 3.24 | ||||
603002 | Epoxy Base | 3.33 | ||||
600901 | Jiangsu Financial | 3.88 | ||||
002021 | Zoje Resources | 6.98 |
Complementary Tools for Weichai Stock analysis
When running Weichai Heavy's price analysis, check to measure Weichai Heavy'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 Weichai Heavy is operating at the current time. Most of Weichai Heavy's value examination focuses on studying past and present price action to predict the probability of Weichai Heavy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weichai Heavy's price. Additionally, you may evaluate how the addition of Weichai Heavy to your portfolios can decrease your overall portfolio volatility.
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