HCL Technologies, Bajaj Auto among 6 Nifty50 stocks that hit new 52-week highs on Monday - Top Bets - The Economic Times
| HCLTECH Stock | 1,848 7.15 0.39% |
Under 53% of HCL Technologies' investor base is interested to short. The analysis of current outlook of investing in HCL Technologies Limited suggests that many traders are impartial regarding HCL Technologies' prospects. HCL Technologies' investing sentiment shows overall attitude of investors towards HCL Technologies Limited.
HCL |
HCL Technologies, Bajaj Auto among 6 Nifty50 stocks that hit new 52-week highs on Monday - Top Bets The Economic Times
Read at news.google.com
 |
HCL Technologies Fundamental Analysis
We analyze HCL Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HCL Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HCL Technologies 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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
HCL Technologies is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
HCL Technologies 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 HCL Technologies stock to make a market-neutral strategy. Peer analysis of HCL Technologies could also be used in its relative valuation, which is a method of valuing HCL Technologies by comparing valuation metrics with similar companies.
Peers
HCL Technologies Related Equities
| FACT | Fertilizers | 12.08 | ||||
| MANGCHEFER | Mangalore Chemicals | 7.19 | ||||
| PRIVISCL | Privi Speciality | 3.63 | ||||
| PVSL | Popular Vehicles | 1.00 | ||||
| KICL | Kalyani Investment | 0.93 | ||||
| SILINV | SIL Investments | 1.04 | ||||
| DMCC | DMCC SPECIALITY | 1.12 | ||||
| JGCHEM | JGCHEMICALS | 1.57 |
Complementary Tools for HCL Stock analysis
When running HCL Technologies' price analysis, check to measure HCL Technologies' 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 HCL Technologies is operating at the current time. Most of HCL Technologies' value examination focuses on studying past and present price action to predict the probability of HCL Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HCL Technologies' price. Additionally, you may evaluate how the addition of HCL Technologies to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |