BYD Electronic Shows Strong Turnover Growth in 2024 - TipRanks
4BY Stock | 4.12 0.01 0.24% |
Slightly above 54% of BYD ELECTRONIC's investor base is interested to short. The analysis of current outlook of investing in BYD ELECTRONIC suggests that many traders are impartial regarding BYD ELECTRONIC's prospects. BYD ELECTRONIC's investing sentiment can be driven by a variety of factors including economic data, BYD ELECTRONIC's earnings reports, geopolitical events, and overall market trends.
BYD |
BYD Electronic Shows Strong Turnover Growth in 2024 TipRanks
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BYD ELECTRONIC Fundamental Analysis
We analyze BYD ELECTRONIC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BYD ELECTRONIC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BYD ELECTRONIC 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
BYD ELECTRONIC 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.
BYD ELECTRONIC 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 BYD ELECTRONIC stock to make a market-neutral strategy. Peer analysis of BYD ELECTRONIC could also be used in its relative valuation, which is a method of valuing BYD ELECTRONIC by comparing valuation metrics with similar companies.
Peers
BYD ELECTRONIC Related Equities
Additional Tools for BYD Stock Analysis
When running BYD ELECTRONIC's price analysis, check to measure BYD ELECTRONIC'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 BYD ELECTRONIC is operating at the current time. Most of BYD ELECTRONIC's value examination focuses on studying past and present price action to predict the probability of BYD ELECTRONIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYD ELECTRONIC's price. Additionally, you may evaluate how the addition of BYD ELECTRONIC to your portfolios can decrease your overall portfolio volatility.