We Think Brite-Tech Berhad Can Stay On Top Of Its Debt - Simply Wall St
| 0011 Stock | 0.32 0.01 3.23% |
About 55% of Brite Tech's institutional investors are presently thinking to get in. The analysis of current outlook of investing in Brite Tech Bhd suggests that some traders are interested regarding Brite Tech's prospects. Brite Tech's investing sentiment shows overall attitude of investors towards Brite Tech Bhd.
Brite Tech stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Brite daily returns and investor perception about the current price of Brite Tech Bhd as well as its diversification or hedging effects on your existing portfolios.
Brite |
We Think Brite-Tech Berhad Can Stay On Top Of Its Debt Simply Wall St
Read at news.google.com
 |
Brite Tech Fundamental Analysis
We analyze Brite Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brite Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brite Tech 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Brite Tech is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Brite Tech Bhd 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 Brite Tech stock to make a market-neutral strategy. Peer analysis of Brite Tech could also be used in its relative valuation, which is a method of valuing Brite Tech by comparing valuation metrics with similar companies.
Peers
Brite Tech Related Equities
| 8044 | Computer Forms | 9.09 | ||||
| 5149 | TAS Offshore | 1.56 | ||||
| 8869 | Press Metal | 0.85 | ||||
| 7100 | Uchi Technologies | 1.25 | ||||
| 0146 | JF Technology | 1.92 | ||||
| 5204 | Awanbiru Technology | 3.13 | ||||
| 7811 | Sapura Industrial | 3.45 |
Other Information on Investing in Brite Stock
Brite Tech financial ratios help investors to determine whether Brite Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brite with respect to the benefits of owning Brite Tech security.