Upper Circuit Multibagger Construction Stock Under Rs 65 Bags LoA For 1,275 Cr Project - Goodreturns
| PATELENG | 53.39 0.18 0.34% |
About 55% of Patel Engineering's investor base is interested to short. The current sentiment regarding investing in Patel Engineering Limited stock implies that many traders are impartial. Patel Engineering's investing sentiment overview a quick insight into current market opportunities from investing in Patel Engineering Limited. Many technical investors use Patel Engineering stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Patel |
Upper Circuit Multibagger Construction Stock Under Rs 65 Bags LoA For 1,275 Cr Project Goodreturns
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Patel Engineering Fundamental Analysis
We analyze Patel Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patel Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patel Engineering 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
Patel Engineering 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.
Patel Engineering 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 Patel Engineering stock to make a market-neutral strategy. Peer analysis of Patel Engineering could also be used in its relative valuation, which is a method of valuing Patel Engineering by comparing valuation metrics with similar companies.
Peers
Patel Engineering Related Equities
| SARVESHWAR | Sarveshwar Foods | 3.89 | ||||
| LTFOODS | LT Foods | 1.18 | ||||
| HNDFDS | Hindustan Foods | 0.28 | ||||
| VINATIORGA | Vinati Organics | 0.42 | ||||
| KKCL | Kewal Kiran | 1.30 | ||||
| EMBASSY-RR | Embassy Office | 1.68 |
Other Information on Investing in Patel Stock
Patel Engineering financial ratios help investors to determine whether Patel 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 Patel with respect to the benefits of owning Patel Engineering security.