Lufax Trading 6.1 percent Higher Heres Why
| LU Stock | USD 2.39 0.06 2.45% |
Slightly above 61% of Lufax Holding's investor base is looking to short. The analysis of the overall prospects from investing in Lufax Holding suggests that many traders are, at the present time, alarmed. Lufax Holding's investing sentiment can be driven by a variety of factors including economic data, Lufax Holding's earnings reports, geopolitical events, and overall market trends.
Lufax |
Lufax Holding Ltd shares rose 6.1 percent during trading on Wednesday . The stock traded as high as 2.48 and last traded at 2.44. 290,675 shares changed hands during trading, a decline of 93 percent from the average daily volume of 3,962,299 shares. The stock had previously closed at 2.30. Analysts Set
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Lufax Holding Fundamental Analysis
We analyze Lufax Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lufax Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lufax Holding 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.
Short Ratio
Short Ratio Comparative Analysis
Lufax Holding is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Lufax Holding 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 Lufax Holding stock to make a market-neutral strategy. Peer analysis of Lufax Holding could also be used in its relative valuation, which is a method of valuing Lufax Holding by comparing valuation metrics with similar companies.
Peers
Lufax Holding Related Equities
| LX | Lexinfintech Holdings | 2.37 | ||||
| ATLC | Atlanticus Holdings | 1.53 | ||||
| ENVA | Enova International | 0.49 | ||||
| GDOT | Green Dot | 0.1 | ||||
| SYF | Synchrony Financial | 0.64 | ||||
| SNTG | Sentage Holdings | 1.47 | ||||
| NAVI | Navient Corp | 1.93 | ||||
| FINV | FinVolution | 3.58 | ||||
| QFIN | 360 Finance | 5.06 | ||||
| QD | Qudian | 6.05 | ||||
| XYF | X Financial | 7.52 | ||||
| YRD | Yirendai | 8.95 |
Additional Tools for Lufax Stock Analysis
When running Lufax Holding's price analysis, check to measure Lufax Holding'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 Lufax Holding is operating at the current time. Most of Lufax Holding's value examination focuses on studying past and present price action to predict the probability of Lufax Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lufax Holding's price. Additionally, you may evaluate how the addition of Lufax Holding to your portfolios can decrease your overall portfolio volatility.