Neogen Chemicals Should you buy this stock Know why analysts are bullish on this stock - The Economic Times

NEOGEN Stock   1,922  19.15  0.99%   
About 61% of Neogen Chemicals' investor base is looking to short. The analysis of overall sentiment of trading Neogen Chemicals Limited stock suggests that many investors are alarmed at this time. The current market sentiment, together with Neogen Chemicals' historical and current headlines, can help investors time the market. In addition, many technical investors use Neogen Chemicals stock news signals to limit their universe of possible portfolio assets.
  
Neogen Chemicals Should you buy this stock Know why analysts are bullish on this stock The Economic Times

Read at news.google.com
Google News at Macroaxis
  

Neogen Chemicals Fundamental Analysis

We analyze Neogen Chemicals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Neogen Chemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Neogen Chemicals 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.

Total Debt

Total Debt Comparative Analysis

Neogen Chemicals is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Neogen Chemicals 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 Neogen Chemicals stock to make a market-neutral strategy. Peer analysis of Neogen Chemicals could also be used in its relative valuation, which is a method of valuing Neogen Chemicals by comparing valuation metrics with similar companies.

Complementary Tools for Neogen Stock analysis

When running Neogen Chemicals' price analysis, check to measure Neogen Chemicals' 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 Neogen Chemicals is operating at the current time. Most of Neogen Chemicals' value examination focuses on studying past and present price action to predict the probability of Neogen Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neogen Chemicals' price. Additionally, you may evaluate how the addition of Neogen Chemicals to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.