RF Devices for Smart TV Market Research Report 2023 Value, CAGR, Latest Updates, Data and Outlook to 20 - Benzinga
| 2106 Stock | TWD 28.75 0.05 0.17% |
Slightly above 61% of Kenda Rubber's investor base is looking to short. The analysis of current outlook of investing in Kenda Rubber Industrial suggests that many traders are alarmed regarding Kenda Rubber's prospects. Kenda Rubber's investing sentiment can be driven by a variety of factors including economic data, Kenda Rubber's earnings reports, geopolitical events, and overall market trends.
Kenda Rubber stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Kenda daily returns and investor perception about the current price of Kenda Rubber Industrial as well as its diversification or hedging effects on your existing portfolios.
Kenda |
RF Devices for Smart TV Market Research Report 2023 Value, CAGR, Latest Updates, Data and Outlook to 20 Benzinga
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Kenda Rubber Fundamental Analysis
We analyze Kenda Rubber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kenda Rubber using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kenda Rubber 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
Kenda Rubber 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.
Kenda Rubber Industrial 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 Kenda Rubber stock to make a market-neutral strategy. Peer analysis of Kenda Rubber could also be used in its relative valuation, which is a method of valuing Kenda Rubber by comparing valuation metrics with similar companies.
Peers
Kenda Rubber Related Equities
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| 2331 | Elitegroup Computer | 1.28 | ||||
| 2380 | Avision | 0.20 | ||||
| 2425 | Chaintech Technology | 0.13 |
Additional Tools for Kenda Stock Analysis
When running Kenda Rubber's price analysis, check to measure Kenda Rubber'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 Kenda Rubber is operating at the current time. Most of Kenda Rubber's value examination focuses on studying past and present price action to predict the probability of Kenda Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kenda Rubber's price. Additionally, you may evaluate how the addition of Kenda Rubber to your portfolios can decrease your overall portfolio volatility.