Exploring Kaynes Technology India And 2 Other High Growth Tech Stocks - Simply Wall St
KAYNES Stock | 5,855 44.70 0.77% |
About 50% of Kaynes Technology's investors are presently thinking to get in. The analysis of overall sentiment of trading Kaynes Technology India stock suggests that some investors are interested at this time. The current market sentiment, together with Kaynes Technology's historical and current headlines, can help investors time the market. In addition, many technical investors use Kaynes Technology India stock news signals to limit their universe of possible portfolio assets.
Kaynes |
Exploring Kaynes Technology India And 2 Other High Growth Tech Stocks Simply Wall St
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Kaynes Technology Fundamental Analysis
We analyze Kaynes Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kaynes Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kaynes Technology 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Kaynes Technology is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Kaynes Technology India 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 Kaynes Technology stock to make a market-neutral strategy. Peer analysis of Kaynes Technology could also be used in its relative valuation, which is a method of valuing Kaynes Technology by comparing valuation metrics with similar companies.
Peers
Kaynes Technology Related Equities
RELIANCE | Reliance Industries | 3.47 | ||||
ONGC | Oil Natural | 1.42 | ||||
IOC | Indian Oil | 1.23 | ||||
LICI | Life Insurance | 0.86 |
Complementary Tools for Kaynes Stock analysis
When running Kaynes Technology's price analysis, check to measure Kaynes Technology'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 Kaynes Technology is operating at the current time. Most of Kaynes Technology's value examination focuses on studying past and present price action to predict the probability of Kaynes Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaynes Technology's price. Additionally, you may evaluate how the addition of Kaynes Technology to your portfolios can decrease your overall portfolio volatility.
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