Shenzhen Inovance TechnologyLtds Shareholders May Want To Dig Deeper Than Statutory Profit - Simply Wall St
300124 Stock | 59.39 0.69 1.15% |
About 61% of Shenzhen Inovance's investor base is looking to short. The analysis of overall sentiment of trading Shenzhen Inovance Tech stock suggests that many investors are alarmed at this time. The current market sentiment, together with Shenzhen Inovance's historical and current headlines, can help investors time the market. In addition, many technical investors use Shenzhen Inovance Tech stock news signals to limit their universe of possible portfolio assets.
Shenzhen |
Shenzhen Inovance TechnologyLtds Shareholders May Want To Dig Deeper Than Statutory Profit Simply Wall St
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Shenzhen Inovance Fundamental Analysis
We analyze Shenzhen Inovance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shenzhen Inovance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shenzhen Inovance 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.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Shenzhen Inovance is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Shenzhen Inovance Tech 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 Shenzhen Inovance stock to make a market-neutral strategy. Peer analysis of Shenzhen Inovance could also be used in its relative valuation, which is a method of valuing Shenzhen Inovance by comparing valuation metrics with similar companies.
Peers
Shenzhen Inovance Related Equities
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002371 | NAURA Technology | 1.73 | ||||
000661 | Changchun High | 1.11 | ||||
688235 | BeiGene | 0.99 | ||||
688169 | Beijing Roborock | 0.49 | ||||
300750 | Contemporary Amperex | 0.29 | ||||
600941 | China Mobile | 0.19 | ||||
600519 | Kweichow Moutai | 0.08 | ||||
688399 | Jiangsu Bioperfectus | 0.10 |
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When running Shenzhen Inovance's price analysis, check to measure Shenzhen Inovance'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 Shenzhen Inovance is operating at the current time. Most of Shenzhen Inovance's value examination focuses on studying past and present price action to predict the probability of Shenzhen Inovance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Inovance's price. Additionally, you may evaluate how the addition of Shenzhen Inovance to your portfolios can decrease your overall portfolio volatility.
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