Will small players turn bigger as the textile sector changes for good 5 stocks from different specialised - The Economic Times
| NPK Stock | THB 12.30 1.30 11.82% |
About 55% of New Plus' institutional investors are presently thinking to get in. The analysis of current outlook of investing in New Plus Knitting suggests that some traders are interested regarding New Plus' prospects. New Plus' investing sentiment shows overall attitude of investors towards New Plus Knitting.
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Will small players turn bigger as the textile sector changes for good 5 stocks from different specialised The Economic Times
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New Plus Fundamental Analysis
We analyze New Plus' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Plus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Plus 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.
Current Ratio
Current Ratio Comparative Analysis
New Plus is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
New Plus Knitting 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 New Plus stock to make a market-neutral strategy. Peer analysis of New Plus could also be used in its relative valuation, which is a method of valuing New Plus by comparing valuation metrics with similar companies.
Peers
New Plus Related Equities
| NEP | NEP Realty | 4.76 | ||||
| NC | Newcity Public | 3.48 | ||||
| PAF | Pan Asia | 1.04 | ||||
| OGC | Ocean Glass | 0.00 | ||||
| MSC | Metro Systems | 1.26 |
Other Information on Investing in New Stock
New Plus financial ratios help investors to determine whether New Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Plus security.