Earnings growth of 0.9 percent over 3 years hasnt been enough to translate into positive returns for Zhejiang Huayou Cobalt shareholders - Simply Wall St

603799 Stock   28.52  0.65  2.33%   
About 55% of Zhejiang Huayou's investors are presently thinking to get in. The current sentiment regarding investing in Zhejiang Huayou Cobalt stock implies that some traders are interested. The current market sentiment, together with Zhejiang Huayou's historical and current headlines, can help investors time the market. In addition, many technical investors use Zhejiang Huayou Cobalt stock news signals to limit their universe of possible portfolio assets.
  
Earnings growth of 0.9 percent over 3 years hasnt been enough to translate into positive returns for Zhejiang Huayou Cobalt shareholders Simply Wall St

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Zhejiang Huayou Fundamental Analysis

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

Net Asset

Net Asset Comparative Analysis

Zhejiang Huayou is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

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

Peers

Zhejiang Huayou Related Equities

002460Jiangxi Ganfeng   3.62   
0%
100.0%
002493Rongsheng Petrochemical   2.47   
0%
68.0%
000807Yunnan Aluminium   1.82   
0%
50.0%
600547Shandong Gold   1.45   
0%
40.0%
600309Wanhua Chemical   1.20   
0%
33.0%
600010Inner Mongolia   1.13   
0%
31.0%
603260Hoshine Silicon   0.55   
0%
15.0%
601899Zijin Mining   0.06   
0%
1.0%
600019Baoshan Iron   0.61   
16.0%
0%
600160Zhejiang Juhua   1.80   
49.0%
0%

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