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 |
Neogen Chemicals Should you buy this stock Know why analysts are bullish on this stock The Economic Times
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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.
Peers
Neogen Chemicals Related Equities
NMDC | NMDC | 2.73 | ||||
JTLIND | JTL Industries | 1.23 | ||||
SAIL | Steel Authority | 1.12 | ||||
GUJALKALI | Gujarat Alkalies | 1.05 | ||||
EMBASSY-RR | Embassy Office | 0.49 | ||||
IMFA | Indian Metals | 1.20 |
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.
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