Are Jiangsu Jinling Sports Equipment Co.,Ltd.s Fundamentals Good Enough to Warrant Buying Given The Stocks Recent Weakness - Simply Wall St
300651 Stock | 14.15 0.04 0.28% |
About 55% of Jiangsu Jinling's investor base is interested to short. The analysis of overall sentiment of trading Jiangsu Jinling Sports stock suggests that many investors are impartial at this time. The current market sentiment, together with Jiangsu Jinling's historical and current headlines, can help investors time the market. In addition, many technical investors use Jiangsu Jinling Sports stock news signals to limit their universe of possible portfolio assets.
Jiangsu |
Are Jiangsu Jinling Sports Equipment Co.,Ltd.s Fundamentals Good Enough to Warrant Buying Given The Stocks Recent Weakness Simply Wall St
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Jiangsu Jinling Fundamental Analysis
We analyze Jiangsu Jinling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jiangsu Jinling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jiangsu Jinling 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
Jiangsu Jinling 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.
Jiangsu Jinling Sports 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 Jiangsu Jinling stock to make a market-neutral strategy. Peer analysis of Jiangsu Jinling could also be used in its relative valuation, which is a method of valuing Jiangsu Jinling by comparing valuation metrics with similar companies.
Peers
Jiangsu Jinling Related Equities
601111 | Air China | 1.28 | ||||
002556 | Anhui Huilong | 1.04 | ||||
600600 | Tsingtao Brewery | 0.66 | ||||
002062 | Hongrun Construction | 0.91 | ||||
601156 | Eastern Air | 1.66 | ||||
688376 | MayAir Technology | 1.74 | ||||
601789 | Ningbo Construction | 3.98 | ||||
000880 | Weichai Heavy | 4.07 |
Complementary Tools for Jiangsu Stock analysis
When running Jiangsu Jinling's price analysis, check to measure Jiangsu Jinling'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 Jiangsu Jinling is operating at the current time. Most of Jiangsu Jinling's value examination focuses on studying past and present price action to predict the probability of Jiangsu Jinling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiangsu Jinling's price. Additionally, you may evaluate how the addition of Jiangsu Jinling to your portfolios can decrease your overall portfolio volatility.
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