3onedata Second Quarter 2024 Earnings EPS CN0.089 - Simply Wall St

688618 Stock   22.34  0.29  1.28%   
About 61% of 3onedata's investor base is looking to short. The analysis of overall sentiment of trading 3onedata Co Ltd stock suggests that many investors are alarmed at this time. The current market sentiment, together with 3onedata's historical and current headlines, can help investors time the market. In addition, many technical investors use 3onedata stock news signals to limit their universe of possible portfolio assets.
  
3onedata Second Quarter 2024 Earnings EPS CN0.089 Simply Wall St

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3onedata Fundamental Analysis

We analyze 3onedata's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3onedata using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3onedata 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

3onedata 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.

3onedata 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 3onedata stock to make a market-neutral strategy. Peer analysis of 3onedata could also be used in its relative valuation, which is a method of valuing 3onedata by comparing valuation metrics with similar companies.

Peers

3onedata Related Equities

601288Agricultural Bank   0.41   
0%
25.0%
601857PetroChina   0.12   
0%
7.0%
600000Shanghai Pudong   0.11   
0%
6.0%
601398Industrial   0.16   
9.0%
0%
601988Bank of China   0.20   
12.0%
0%
601939China Construction   0.25   
15.0%
0%
600036China Merchants   0.36   
22.0%
0%
601166Industrial Bank   0.44   
26.0%
0%
601318Ping An   0.71   
43.0%
0%
601628China Life   1.63   
100.0%
0%

Complementary Tools for 3onedata Stock analysis

When running 3onedata's price analysis, check to measure 3onedata'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 3onedata is operating at the current time. Most of 3onedata's value examination focuses on studying past and present price action to predict the probability of 3onedata's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3onedata's price. Additionally, you may evaluate how the addition of 3onedata to your portfolios can decrease your overall portfolio volatility.
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