Davis Commodities Limited to Sign USD 15 Million Agarwood Oil Distribution MOU with Dadvance Agarwood Solutions - Morningstar
| DTCK Stock | 1.00 0.02 1.96% |
About 62% of Davis Commodities' investor base is looking to short. The analysis of current outlook of investing in Davis Commodities Limited suggests that many traders are alarmed regarding Davis Commodities' prospects. Davis Commodities' investing sentiment shows overall attitude of investors towards Davis Commodities Limited.
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Davis Commodities Limited to Sign USD 15 Million Agarwood Oil Distribution MOU with Dadvance Agarwood Solutions Morningstar
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Davis Commodities Fundamental Analysis
We analyze Davis Commodities' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Davis Commodities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Davis Commodities 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
Davis Commodities 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.
Davis Commodities 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 Davis Commodities stock to make a market-neutral strategy. Peer analysis of Davis Commodities could also be used in its relative valuation, which is a method of valuing Davis Commodities by comparing valuation metrics with similar companies.
Peers
Davis Commodities Related Equities
| BESIY | BE Semiconductor | 1.48 | ||||
| TLF | Tandy Leather | 1.46 | ||||
| ASX | ASE Industrial | 0.69 | ||||
| SWKS | Skyworks Solutions | 0.72 | ||||
| QRVO | Qorvo | 0.88 | ||||
| COLM | Columbia Sportswear | 2.28 |
Check out Davis Commodities Hype Analysis, Davis Commodities Correlation and Davis Commodities Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Davis Commodities. If investors know Davis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Davis Commodities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Davis Commodities is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Commodities' value that differs from its market value or its book value, called intrinsic value, which is Davis Commodities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Davis Commodities' market value can be influenced by many factors that don't directly affect Davis Commodities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Davis Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Commodities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.