Stock market update Nifty IT index falls 0.24 percent - Economic Times
| PERSISTENT | 6,345 110.35 1.77% |
Slightly above 55% of Persistent Systems' private investors are presently thinking to get in. The analysis of overall sentiment of trading Persistent Systems Limited stock suggests that some investors are interested at this time. Persistent Systems' investing sentiment can be driven by a variety of factors including economic data, Persistent Systems' earnings reports, geopolitical events, and overall market trends.
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Stock market update Nifty IT index falls 0.24 Economic Times
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Persistent Systems Fundamental Analysis
We analyze Persistent Systems' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Persistent Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Persistent Systems 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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Persistent Systems is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Persistent Systems 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 Persistent Systems stock to make a market-neutral strategy. Peer analysis of Persistent Systems could also be used in its relative valuation, which is a method of valuing Persistent Systems by comparing valuation metrics with similar companies.
Peers
Persistent Systems Related Equities
| IOC | Indian Oil | 0.91 | ||||
| HDFCBANK | HDFC Bank | 0.66 | ||||
| RELIANCE | Reliance Industries | 0.89 | ||||
| ONGC | Oil Natural | 1.21 |
Additional Tools for Persistent Stock Analysis
When running Persistent Systems' price analysis, check to measure Persistent Systems' 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 Persistent Systems is operating at the current time. Most of Persistent Systems' value examination focuses on studying past and present price action to predict the probability of Persistent Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Persistent Systems' price. Additionally, you may evaluate how the addition of Persistent Systems to your portfolios can decrease your overall portfolio volatility.