Twin Oil Refining Deals Strengthen Saudi Aramcos Hand In China - Financial Post

002493 Stock   9.54  0.09  0.93%   
About 62% of Rongsheng Petrochemical's investor base is looking to short. The analysis of overall sentiment of trading Rongsheng Petrochemical Co stock suggests that many investors are alarmed at this time. The current market sentiment, together with Rongsheng Petrochemical's historical and current headlines, can help investors time the market. In addition, many technical investors use Rongsheng Petrochemical stock news signals to limit their universe of possible portfolio assets.
  
Twin Oil Refining Deals Strengthen Saudi Aramcos Hand In China Financial Post

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Rongsheng Petrochemical Fundamental Analysis

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

Current Valuation

Current Valuation Comparative Analysis

Rongsheng Petrochemical is rated third in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

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

Peers

Rongsheng Petrochemical Related Equities

002460Jiangxi Ganfeng   2.59   
0%
100.0%
603260Hoshine Silicon   1.58   
0%
61.0%
600547Shandong Gold   1.41   
0%
54.0%
600160Zhejiang Juhua   1.27   
0%
49.0%
000807Yunnan Aluminium   1.11   
0%
42.0%
601899Zijin Mining   1.09   
0%
42.0%
600309Wanhua Chemical   0.51   
0%
19.0%
600019Baoshan Iron   0.30   
0%
11.0%
600010Inner Mongolia   0.52   
20.0%
0%
002493Rongsheng Petrochemical   0.93   
35.0%
0%

Complementary Tools for Rongsheng Stock analysis

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