Shinkong Invests 10M in Ambercycles New Facility to Commercialize Circular Polyester Innovation - PR Newswire
| 1409 Stock | TWD 16.00 0.10 0.63% |
Slightly above 53% of Shinkong Synthetic's investor base is interested to short. The analysis of current outlook of investing in Shinkong Synthetic Fiber suggests that many traders are impartial regarding Shinkong Synthetic's prospects. Shinkong Synthetic's investing sentiment can be driven by a variety of factors including economic data, Shinkong Synthetic's earnings reports, geopolitical events, and overall market trends.
Shinkong Synthetic stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Shinkong daily returns and investor perception about the current price of Shinkong Synthetic Fiber as well as its diversification or hedging effects on your existing portfolios.
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Shinkong Invests 10M in Ambercycles New Facility to Commercialize Circular Polyester Innovation PR Newswire
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Shinkong Synthetic Fundamental Analysis
We analyze Shinkong Synthetic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shinkong Synthetic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shinkong Synthetic 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
Shinkong Synthetic 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.
Shinkong Synthetic Fiber 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 Shinkong Synthetic stock to make a market-neutral strategy. Peer analysis of Shinkong Synthetic could also be used in its relative valuation, which is a method of valuing Shinkong Synthetic by comparing valuation metrics with similar companies.
Peers
Shinkong Synthetic Related Equities
| 2105 | Cheng Shin | 0.20 | ||||
| 1723 | China Steel | 0.10 | ||||
| 2201 | Yulon | 0.17 |
Additional Tools for Shinkong Stock Analysis
When running Shinkong Synthetic's price analysis, check to measure Shinkong Synthetic'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 Shinkong Synthetic is operating at the current time. Most of Shinkong Synthetic's value examination focuses on studying past and present price action to predict the probability of Shinkong Synthetic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Synthetic's price. Additionally, you may evaluate how the addition of Shinkong Synthetic to your portfolios can decrease your overall portfolio volatility.