Investors Will Want Zhejiang Daily Digital Culture GroupLtds Growth In ROCE To Persist - Simply Wall St

600633 Stock   10.76  0.18  1.65%   
About 62% of Zhejiang Daily's investor base is looking to short. The current sentiment regarding investing in Zhejiang Daily Media stock implies that many traders are alarmed. The current market sentiment, together with Zhejiang Daily's historical and current headlines, can help investors time the market. In addition, many technical investors use Zhejiang Daily Media stock news signals to limit their universe of possible portfolio assets.
  
Investors Will Want Zhejiang Daily Digital Culture GroupLtds Growth In ROCE To Persist Simply Wall St

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Zhejiang Daily Fundamental Analysis

We analyze Zhejiang Daily's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zhejiang Daily using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zhejiang Daily 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.

Current Valuation

Current Valuation Comparative Analysis

Zhejiang Daily is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Zhejiang Daily Media 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 Zhejiang Daily stock to make a market-neutral strategy. Peer analysis of Zhejiang Daily could also be used in its relative valuation, which is a method of valuing Zhejiang Daily by comparing valuation metrics with similar companies.

Peers

Zhejiang Daily Related Equities

601288Agricultural Bank   0.41   
0%
63.0%
601857PetroChina   0.12   
0%
18.0%
601398Industrial   0.16   
24.0%
0%
601988Bank of China   0.20   
30.0%
0%
601939China Construction   0.25   
38.0%
0%
600941China Mobile   0.29   
44.0%
0%
600036China Merchants   0.36   
55.0%
0%
601328Bank of Communications   0.54   
83.0%
0%
601658Postal Savings   0.56   
86.0%
0%
600938CNOOC   0.65   
100.0%
0%

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