Smallcap Stock Rallies 10 per cent and Hits Upper Circuit as Company Announces Plan to Issue Bonus Shares on August 8 - Dalal Street Investment Journal
MINDTECK | 260.20 6.05 2.27% |
About 61% of Mindteck's investor base is looking to short. The analysis of overall sentiment of trading Mindteck Limited stock suggests that many investors are alarmed at this time. The current market sentiment, together with Mindteck's historical and current headlines, can help investors time the market. In addition, many technical investors use Mindteck Limited stock news signals to limit their universe of possible portfolio assets.
Mindteck |
Smallcap Stock Rallies 10 per cent and Hits Upper Circuit as Company Announces Plan to Issue Bonus Shares on August 8 Dalal Street Investment Journal
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Mindteck Fundamental Analysis
We analyze Mindteck's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mindteck using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mindteck 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
Mindteck 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.
Mindteck 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 Mindteck stock to make a market-neutral strategy. Peer analysis of Mindteck could also be used in its relative valuation, which is a method of valuing Mindteck by comparing valuation metrics with similar companies.
Peers
Mindteck Related Equities
RICOAUTO | Rico Auto | 4.66 | ||||
GATECHDVR | GACM Technologies | 3.06 | ||||
DELTAMAGNT | Delta Manufacturing | 2.08 | ||||
HEUBACHIND | Heubach Colorants | 0.05 | ||||
CHEMCON | Chemcon Speciality | 0.22 | ||||
TBZ | Tribhovandas Bhimji | 0.26 | ||||
ARVIND | Arvind | 0.26 | ||||
PARAGMILK | Parag Milk | 0.33 | ||||
COSMOFIRST | COSMO FIRST | 2.09 | ||||
KINGFA | Kingfa Science | 3.15 |
Complementary Tools for Mindteck Stock analysis
When running Mindteck's price analysis, check to measure Mindteck'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 Mindteck is operating at the current time. Most of Mindteck's value examination focuses on studying past and present price action to predict the probability of Mindteck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mindteck's price. Additionally, you may evaluate how the addition of Mindteck to your portfolios can decrease your overall portfolio volatility.
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