Jindal Aluminium Posts 10 percent Growth In Aluminium Extruded Products Output - NDTV Profit
| INAI Stock | IDR 94.00 1.00 1.08% |
About 53% of Indal Aluminium's investor base is interested to short. The analysis of current outlook of investing in Indal Aluminium Industry suggests that many traders are impartial regarding Indal Aluminium's prospects. Indal Aluminium's investing sentiment shows overall attitude of investors towards Indal Aluminium Industry.
Indal |
Jindal Aluminium Posts 10 percent Growth In Aluminium Extruded Products Output NDTV Profit
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Indal Aluminium Fundamental Analysis
We analyze Indal Aluminium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Indal Aluminium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Indal Aluminium 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
Indal Aluminium 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.
Indal Aluminium Industry 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 Indal Aluminium stock to make a market-neutral strategy. Peer analysis of Indal Aluminium could also be used in its relative valuation, which is a method of valuing Indal Aluminium by comparing valuation metrics with similar companies.
Peers
Indal Aluminium Related Equities
| IKAI | Intikeramik Alamasri | 0.00 |
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| ALMI | Alumindo Light | 0.00 |
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| INCI | Intanwijaya Internasional | 0.87 |
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| IGAR | Champion Pacific | 2.75 |
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| BTON | Betonjaya Manunggal | 2.84 |
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Other Information on Investing in Indal Stock
Indal Aluminium financial ratios help investors to determine whether Indal 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 Indal with respect to the benefits of owning Indal Aluminium security.