Returns On Capital Are Showing Encouraging Signs At Xinjiang Baodi Mining - Simply Wall St

601121 Stock   6.71  0.13  1.98%   
About 55% of Xinjiang Baodi's investors are presently thinking to get in. The current sentiment regarding investing in Xinjiang Baodi Mining stock implies that some traders are interested. The current market sentiment, together with Xinjiang Baodi's historical and current headlines, can help investors time the market. In addition, many technical investors use Xinjiang Baodi Mining stock news signals to limit their universe of possible portfolio assets.
  
Returns On Capital Are Showing Encouraging Signs At Xinjiang Baodi Mining Simply Wall St

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Xinjiang Baodi Fundamental Analysis

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

Price To Sales Comparative Analysis

Xinjiang Baodi is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

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

Peers

Xinjiang Baodi Related Equities

002460Jiangxi Ganfeng   2.59   
0%
100.0%
603260Hoshine Silicon   1.58   
0%
61.0%
600547Shandong Gold   1.41   
0%
54.0%
600160Zhejiang Juhua   1.27   
0%
49.0%
000807Yunnan Aluminium   1.11   
0%
42.0%
601899Zijin Mining   1.09   
0%
42.0%
600309Wanhua Chemical   0.51   
0%
19.0%
600019Baoshan Iron   0.30   
0%
11.0%
600010Inner Mongolia   0.52   
20.0%
0%
002493Rongsheng Petrochemical   0.93   
35.0%
0%

Complementary Tools for Xinjiang Stock analysis

When running Xinjiang Baodi's price analysis, check to measure Xinjiang Baodi'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 Xinjiang Baodi is operating at the current time. Most of Xinjiang Baodi's value examination focuses on studying past and present price action to predict the probability of Xinjiang Baodi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinjiang Baodi's price. Additionally, you may evaluate how the addition of Xinjiang Baodi to your portfolios can decrease your overall portfolio volatility.
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