Retail investors among Runjian Co., Ltd.s largest stockholders and were hit after last weeks 8.3 percent price drop - Simply Wall St
002929 Stock | 29.08 0.55 1.86% |
About 62% of Runjian Communication's investor base is looking to short. The analysis of overall sentiment of trading Runjian Communication Co stock suggests that many investors are alarmed at this time. The current market sentiment, together with Runjian Communication's historical and current headlines, can help investors time the market. In addition, many technical investors use Runjian Communication stock news signals to limit their universe of possible portfolio assets.
Runjian |
Retail investors among Runjian Co., Ltd.s largest stockholders and were hit after last weeks 8.3 percent price drop Simply Wall St
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Runjian Communication Fundamental Analysis
We analyze Runjian Communication's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Runjian Communication using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Runjian Communication 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
Runjian Communication 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.
Runjian Communication 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 Runjian Communication stock to make a market-neutral strategy. Peer analysis of Runjian Communication could also be used in its relative valuation, which is a method of valuing Runjian Communication by comparing valuation metrics with similar companies.
Peers
Runjian Communication Related Equities
000995 | Gansu Huangtai | 10.04 | ||||
605168 | Threes Company | 3.93 | ||||
600223 | Lushang Property | 0.15 | ||||
300841 | Chengdu Kanghua | 0.13 | ||||
688137 | Suzhou Novoprotein | 0.81 | ||||
300364 | COL Digital | 0.98 | ||||
601600 | Aluminum Corp | 1.05 | ||||
603392 | Beijing Wantai | 1.21 | ||||
001299 | Shaanxi Meineng | 3.08 |
Complementary Tools for Runjian Stock analysis
When running Runjian Communication's price analysis, check to measure Runjian Communication'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 Runjian Communication is operating at the current time. Most of Runjian Communication's value examination focuses on studying past and present price action to predict the probability of Runjian Communication's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Runjian Communication's price. Additionally, you may evaluate how the addition of Runjian Communication to your portfolios can decrease your overall portfolio volatility.
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