Sichuan Furong Technology Co., Ltd. Stocks Been Sliding But Fundamentals Look Decent Will The Market Correct The Share Price In The Future - Simply Wall St

603327 Stock   12.51  0.24  1.88%   
About 62% of Sichuan Furong's investor base is looking to short. The analysis of overall sentiment of trading Sichuan Furong Technology stock suggests that many investors are alarmed at this time. The current market sentiment, together with Sichuan Furong's historical and current headlines, can help investors time the market. In addition, many technical investors use Sichuan Furong Technology stock news signals to limit their universe of possible portfolio assets.
  
Sichuan Furong Technology Co., Ltd. Stocks Been Sliding But Fundamentals Look Decent Will The Market Correct The Share Price In The Future Simply Wall St

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Sichuan Furong Fundamental Analysis

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

Beta

Beta Comparative Analysis

Sichuan Furong is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

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

Peers

Sichuan Furong Related Equities

601857PetroChina   2.73   
0%
100.0%
601398Industrial   2.36   
0%
86.0%
600028China Petroleum   2.27   
0%
83.0%
600000Shanghai Pudong   2.17   
0%
79.0%
601988Bank of China   1.47   
0%
53.0%
600941China Mobile   0.61   
0%
22.0%
600016China Minsheng   0.49   
0%
17.0%
601318Ping An   0.22   
0%
8.0%
601328Bank of Communications   0.13   
0%
4.0%
600519Kweichow Moutai   0.57   
20.0%
0%

Complementary Tools for Sichuan Stock analysis

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