Investors Holding Back On Shengtak New Material Co., Ltd - Simply Wall St
300881 Stock | 31.57 0.55 1.77% |
About 54% of Shengtak New's investors are presently thinking to get in. The current sentiment regarding investing in Shengtak New Material stock implies that some traders are interested. The current market sentiment, together with Shengtak New's historical and current headlines, can help investors time the market. In addition, many technical investors use Shengtak New Material stock news signals to limit their universe of possible portfolio assets.
Shengtak |
Investors Holding Back On Shengtak New Material Co., Ltd Simply Wall St
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Shengtak New Fundamental Analysis
We analyze Shengtak New's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shengtak New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shengtak New 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 Book
Price To Book Comparative Analysis
Shengtak New is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Shengtak New Material 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 Shengtak New stock to make a market-neutral strategy. Peer analysis of Shengtak New could also be used in its relative valuation, which is a method of valuing Shengtak New by comparing valuation metrics with similar companies.
Peers
Shengtak New Related Equities
000600 | Jointo Energy | 5.33 | ||||
000809 | Tieling Newcity | 3.74 | ||||
000428 | Huatian Hotel | 2.48 | ||||
301190 | Jiujiang Shanshui | 1.97 | ||||
688309 | Niutech Environment | 1.15 | ||||
002338 | Changchun | 1.09 | ||||
002185 | Tianshui Huatian | 1.83 | ||||
600462 | Hubei Geoway | 4.86 |
Complementary Tools for Shengtak Stock analysis
When running Shengtak New's price analysis, check to measure Shengtak New'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 Shengtak New is operating at the current time. Most of Shengtak New's value examination focuses on studying past and present price action to predict the probability of Shengtak New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shengtak New's price. Additionally, you may evaluate how the addition of Shengtak New to your portfolios can decrease your overall portfolio volatility.
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