Market Might Still Lack Some Conviction On Parag Milk Foods Limited Even After 26 percent Share Price Boost - Simply Wall St
PARAGMILK | 178.45 9.14 4.87% |
Under 61% of Parag Milk's investor base is looking to short. The analysis of overall sentiment of trading Parag Milk Foods stock suggests that many investors are alarmed at this time. Parag Milk's investing sentiment shows overall attitude of investors towards Parag Milk Foods.
Parag |
Market Might Still Lack Some Conviction On Parag Milk Foods Limited Even After 26 percent Share Price Boost Simply Wall St
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Parag Milk Fundamental Analysis
We analyze Parag Milk's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parag Milk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parag Milk 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.
Working Capital
Working Capital Comparative Analysis
Parag Milk is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Parag Milk Foods 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 Parag Milk stock to make a market-neutral strategy. Peer analysis of Parag Milk could also be used in its relative valuation, which is a method of valuing Parag Milk by comparing valuation metrics with similar companies.
Peers
Parag Milk Related Equities
RSSOFTWARE | R S | 2.00 |
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GICRE | General Insurance | 4.95 |
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REPCOHOME | Repco Home | 4.97 |
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KAYNES | Kaynes Technology | 5.02 |
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FCSSOFT | FCS Software | 6.71 |
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DEVIT | Dev Information | 7.56 |
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IXIGO | Le Travenues | 7.72 |
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Complementary Tools for Parag Stock analysis
When running Parag Milk's price analysis, check to measure Parag Milk'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 Parag Milk is operating at the current time. Most of Parag Milk's value examination focuses on studying past and present price action to predict the probability of Parag Milk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parag Milk's price. Additionally, you may evaluate how the addition of Parag Milk to your portfolios can decrease your overall portfolio volatility.
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