Integrated Hitech Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com
| HITECHCORP | 234.70 2.60 1.10% |
About 61% of HitechLimited's investor base is looking to short. The analysis of overall sentiment of trading Hitech Limited stock suggests that many investors are alarmed at this time. The current market sentiment, together with HitechLimited's historical and current headlines, can help investors time the market. In addition, many technical investors use Hitech Limited stock news signals to limit their universe of possible portfolio assets.
HitechLimited |
Integrated Hitech Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 Marketscreener.com
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HitechLimited Fundamental Analysis
We analyze HitechLimited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HitechLimited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HitechLimited 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 Sales
Price To Sales Comparative Analysis
Hitech is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Hitech 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 HitechLimited stock to make a market-neutral strategy. Peer analysis of HitechLimited could also be used in its relative valuation, which is a method of valuing HitechLimited by comparing valuation metrics with similar companies.
Peers
HitechLimited Related Equities
| RAJMET | Rajnandini Metal | 9.55 | ||||
| SMLT | Sarthak Metals | 3.75 | ||||
| ALKALI | Alkali Metals | 3.65 | ||||
| GOLDENTOBC | Golden Tobacco | 3.35 | ||||
| IMFA | Indian Metals | 1.90 | ||||
| HTMEDIA | HT Media | 1.46 | ||||
| SAMBHAAV | Sambhaav Media | 0.87 | ||||
| MODIRUBBER | Modi Rubber | 0.97 |
Complementary Tools for HitechLimited Stock analysis
When running HitechLimited's price analysis, check to measure HitechLimited'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 HitechLimited is operating at the current time. Most of HitechLimited's value examination focuses on studying past and present price action to predict the probability of HitechLimited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HitechLimited's price. Additionally, you may evaluate how the addition of HitechLimited to your portfolios can decrease your overall portfolio volatility.
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