Is There Now An Opportunity In Hero MotoCorp Limited - Simply Wall St
| HEROMOTOCO | 4,784 87.75 1.80% |
Slightly above 61% of Hero MotoCorp's investor base is looking to short. The analysis of overall sentiment of trading Hero MotoCorp Limited stock suggests that many investors are alarmed at this time. Hero MotoCorp's investing sentiment can be driven by a variety of factors including economic data, Hero MotoCorp's earnings reports, geopolitical events, and overall market trends.
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Is There Now An Opportunity In Hero MotoCorp Limited Simply Wall St
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Hero MotoCorp Fundamental Analysis
We analyze Hero MotoCorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hero MotoCorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hero MotoCorp 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
Hero MotoCorp 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.
Hero MotoCorp Limited 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 Hero MotoCorp stock to make a market-neutral strategy. Peer analysis of Hero MotoCorp could also be used in its relative valuation, which is a method of valuing Hero MotoCorp by comparing valuation metrics with similar companies.
Peers
Hero MotoCorp Related Equities
| KAVVERITEL | Kavveri Telecom | 4.98 | ||||
| V2RETAIL | V2 Retail | 2.29 | ||||
| SUNFLAG | Sunflag Iron | 1.08 | ||||
| NSLNISP | NMDC Steel | 0.04 | ||||
| FRETAIL | Future Retail | 0.00 | ||||
| ZENITHSTL | Zenith Steel | 1.33 | ||||
| PRAXIS | Praxis Home | 1.58 | ||||
| RCOM | Reliance Communications | 5.32 |
Additional Tools for Hero Stock Analysis
When running Hero MotoCorp's price analysis, check to measure Hero MotoCorp'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 Hero MotoCorp is operating at the current time. Most of Hero MotoCorp's value examination focuses on studying past and present price action to predict the probability of Hero MotoCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hero MotoCorp's price. Additionally, you may evaluate how the addition of Hero MotoCorp to your portfolios can decrease your overall portfolio volatility.