Investing in Northvolt Stock Pre-IPO - The Motley Fool
| 3057 Stock | TWD 11.85 0.30 2.47% |
Slightly above 62% of Promise Technology's investor base is looking to short. The analysis of current outlook of investing in Promise Technology suggests that many traders are alarmed regarding Promise Technology's prospects. Promise Technology's investing sentiment can be driven by a variety of factors including economic data, Promise Technology's earnings reports, geopolitical events, and overall market trends.
Promise Technology stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Promise daily returns and investor perception about the current price of Promise Technology as well as its diversification or hedging effects on your existing portfolios.
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Investing in Northvolt Stock Pre-IPO The Motley Fool
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Promise Technology Fundamental Analysis
We analyze Promise Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Promise Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Promise Technology 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.
Cash Per Share
Cash Per Share Comparative Analysis
Promise Technology is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Promise Technology 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 Promise Technology stock to make a market-neutral strategy. Peer analysis of Promise Technology could also be used in its relative valuation, which is a method of valuing Promise Technology by comparing valuation metrics with similar companies.
Peers
Promise Technology Related Equities
| 2330 | Taiwan Semiconductor | 3.92 | ||||
| 3711 | ASE Industrial | 1.98 | ||||
| 2609 | Yang Ming | 1.50 | ||||
| 1303 | Nan Ya | 0.90 | ||||
| 3481 | Innolux Corp | 0.33 | ||||
| 2409 | AU Optronics | 0.32 | ||||
| 2412 | Chunghwa Telecom | 0.40 |
Additional Tools for Promise Stock Analysis
When running Promise Technology's price analysis, check to measure Promise Technology'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 Promise Technology is operating at the current time. Most of Promise Technology's value examination focuses on studying past and present price action to predict the probability of Promise Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promise Technology's price. Additionally, you may evaluate how the addition of Promise Technology to your portfolios can decrease your overall portfolio volatility.