MarketsMOJO Downgrades Chembond Chemicals to Sell Due to Poor Long-Term Growth and Flat Financial Results - MarketsMojo
| CHEMBOND | 591.05 16.05 2.64% |
About 62% of Chembond Chemicals' investor base is looking to short. The analysis of overall sentiment of trading Chembond Chemicals stock suggests that many investors are alarmed at this time. Chembond Chemicals' investing sentiment overview a quick insight into current market opportunities from investing in Chembond Chemicals. Many technical investors use Chembond Chemicals stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Chembond |
MarketsMOJO Downgrades Chembond Chemicals to Sell Due to Poor Long-Term Growth and Flat Financial Results MarketsMojo
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Chembond Chemicals Fundamental Analysis
We analyze Chembond Chemicals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chembond Chemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chembond Chemicals 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
Chembond Chemicals 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.
Chembond Chemicals 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 Chembond Chemicals stock to make a market-neutral strategy. Peer analysis of Chembond Chemicals could also be used in its relative valuation, which is a method of valuing Chembond Chemicals by comparing valuation metrics with similar companies.
Peers
Chembond Chemicals Related Equities
| SAIL | Steel Authority | 4.38 | ||||
| EMBASSY-RR | Embassy Office | 2.08 | ||||
| NMDC | NMDC | 0.43 | ||||
| GNFC | Gujarat Narmada | 0.61 | ||||
| JTLIND | JTL Industries | 1.11 | ||||
| IMFA | Indian Metals | 1.35 | ||||
| GUJALKALI | Gujarat Alkalies | 1.45 | ||||
| VENUSPIPES | Venus Pipes | 1.74 | ||||
| INDIAGLYCO | India Glycols | 4.62 |
Other Information on Investing in Chembond Stock
Chembond Chemicals financial ratios help investors to determine whether Chembond Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Chembond with respect to the benefits of owning Chembond Chemicals security.