Theres Reason For Concern Over North Chemical Industries Co., Ltd.s Massive 27 percent Price Jump - Simply Wall St

002246 Stock   12.28  0.10  0.81%   
About 62% of North Chemical's investor base is looking to short. The analysis of overall sentiment of trading North Chemical Industries stock suggests that many investors are alarmed at this time. The current market sentiment, together with North Chemical's historical and current headlines, can help investors time the market. In addition, many technical investors use North Chemical Industries stock news signals to limit their universe of possible portfolio assets.
  
Theres Reason For Concern Over North Chemical Industries Co., Ltd.s Massive 27 percent Price Jump Simply Wall St

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North Chemical Fundamental Analysis

We analyze North Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of North Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of North Chemical 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.

Price To Sales

Price To Sales Comparative Analysis

North Chemical is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

North Chemical Industries 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 North Chemical stock to make a market-neutral strategy. Peer analysis of North Chemical could also be used in its relative valuation, which is a method of valuing North Chemical by comparing valuation metrics with similar companies.

Complementary Tools for North Stock analysis

When running North Chemical's price analysis, check to measure North Chemical'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 North Chemical is operating at the current time. Most of North Chemical's value examination focuses on studying past and present price action to predict the probability of North Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Chemical's price. Additionally, you may evaluate how the addition of North Chemical to your portfolios can decrease your overall portfolio volatility.
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