Saudi Aramco to invest billions in Chinese petrochemicals - CTV News

002493 Stock   9.44  0.45  4.55%   
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.
  
Saudi Aramco to invest billions in Chinese petrochemicals CTV News

Read at news.google.com
Google News at Macroaxis
  

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.

Total Debt

Total Debt Comparative Analysis

Rongsheng Petrochemical is the top company in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

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

600010Inner Mongolia   1.04   
0%
21.0%
600547Shandong Gold   0.32   
0%
6.0%
601899Zijin Mining   1.68   
34.0%
0%
600019Baoshan Iron   2.53   
52.0%
0%
600309Wanhua Chemical   3.78   
77.0%
0%
002460Jiangxi Ganfeng   4.00   
82.0%
0%
603260Hoshine Silicon   4.13   
85.0%
0%
002493Rongsheng Petrochemical   4.55   
93.0%
0%
000807Yunnan Aluminium   4.71   
97.0%
0%
600160Zhejiang Juhua   4.85   
100.0%
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.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Bonds Directory
Find actively traded corporate debentures issued by US companies