Despite recent gains, Jade Gas Holdings Limited insiders are still down AU6.0k after purchasing last year - Simply Wall St
| JGH Stock | 0.04 0 2.50% |
Slightly above 61% of Jade Gas' investor base is looking to short. The current sentiment of investing in Jade Gas Holdings suggests that many traders are alarmed. Jade Gas' investing sentiment can be driven by a variety of factors including economic data, Jade Gas' earnings reports, geopolitical events, and overall market trends.
Jade |
Despite recent gains, Jade Gas Holdings Limited insiders are still down AU6.0k after purchasing last year Simply Wall St
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Jade Gas Fundamental Analysis
We analyze Jade Gas' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jade Gas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jade Gas 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
Jade Gas 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.
Jade Gas Holdings 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 Jade Gas stock to make a market-neutral strategy. Peer analysis of Jade Gas could also be used in its relative valuation, which is a method of valuing Jade Gas by comparing valuation metrics with similar companies.
Peers
Jade Gas Related Equities
| MVP | Medical Developments | 2.44 | ||||
| PTM | Platinum Asset | 0.95 | ||||
| BKI | BKI Investment | 0.58 | ||||
| RG8 | REGAL ASIAN | 0.95 | ||||
| MAM | Microequities Asset | 1.92 |
Additional Tools for Jade Stock Analysis
When running Jade Gas' price analysis, check to measure Jade Gas' 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 Jade Gas is operating at the current time. Most of Jade Gas' value examination focuses on studying past and present price action to predict the probability of Jade Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jade Gas' price. Additionally, you may evaluate how the addition of Jade Gas to your portfolios can decrease your overall portfolio volatility.