Agricultural Bank of China Third Quarter 2024 Earnings EPS CN0.19 - Simply Wall St
ACGBF Stock | USD 0.47 0.00 0.00% |
Roughly 55% of Agricultural Bank's investor base is interested to short. The analysis of overall sentiment of trading Agricultural Bank pink sheet suggests that many investors are impartial at this time. The current market sentiment, together with Agricultural Bank's historical and current headlines, can help investors time the market. In addition, many technical investors use Agricultural Bank stock news signals to limit their universe of possible portfolio assets.
Agricultural Bank pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Agricultural daily returns and investor perception about the current price of Agricultural Bank as well as its diversification or hedging effects on your existing portfolios.
Agricultural |
Agricultural Bank of China Third Quarter 2024 Earnings EPS CN0.19 Simply Wall St
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Agricultural Bank Fundamental Analysis
We analyze Agricultural Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agricultural Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agricultural Bank 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
Agricultural Bank 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.
Agricultural Bank 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 Agricultural Bank pink sheet to make a market-neutral strategy. Peer analysis of Agricultural Bank could also be used in its relative valuation, which is a method of valuing Agricultural Bank by comparing valuation metrics with similar companies.
Peers
Agricultural Bank Related Equities
CICHF | China Construction | 12.68 | ||||
BACHF | Bank of China Ltd H | 4.17 | ||||
SVNLF | Svenska Handelsbanken | 2.94 | ||||
IDCBF | Industrial | 1.67 | ||||
BML-PJ | Bank of America | 1.05 | ||||
BML-PH | Bank of America | 0.49 | ||||
BAC-PE | Bank of America | 0.45 | ||||
WFC-PY | Wells Fargo | 0.28 | ||||
BML-PG | Bank of America | 0.13 | ||||
BAC-PB | Bank of America | 0.04 | ||||
NABZY | National Australia | 0.93 | ||||
MBFJF | Mitsubishi UFJ | 1.64 | ||||
CMWAY | Commonwealth Bank | 2.42 |
Complementary Tools for Agricultural Pink Sheet analysis
When running Agricultural Bank's price analysis, check to measure Agricultural Bank'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 Agricultural Bank is operating at the current time. Most of Agricultural Bank's value examination focuses on studying past and present price action to predict the probability of Agricultural Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agricultural Bank's price. Additionally, you may evaluate how the addition of Agricultural Bank to your portfolios can decrease your overall portfolio volatility.
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