Is Shaily Engineering Plastics Limited Potentially Undervalued - Simply Wall St
SHAILY Stock | 1,297 4.35 0.34% |
About 51% of Shaily Engineering's investor base is interested to short. The analysis of overall sentiment of trading Shaily Engineering Plastics stock suggests that many investors are impartial at this time. The current market sentiment, together with Shaily Engineering's historical and current headlines, can help investors time the market. In addition, many technical investors use Shaily Engineering stock news signals to limit their universe of possible portfolio assets.
Shaily |
Is Shaily Engineering Plastics Limited Potentially Undervalued Simply Wall St
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Shaily Engineering Fundamental Analysis
We analyze Shaily Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shaily Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shaily 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.
Price To Sales
Price To Sales Comparative Analysis
Shaily Engineering is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Shaily 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 Shaily Engineering stock to make a market-neutral strategy. Peer analysis of Shaily Engineering could also be used in its relative valuation, which is a method of valuing Shaily Engineering by comparing valuation metrics with similar companies.
Peers
Shaily Engineering Related Equities
GNFC | Gujarat Narmada | 4.00 | ||||
JTLIND | JTL Industries | 1.79 | ||||
NMDC | NMDC | 1.03 | ||||
SAIL | Steel Authority | 0.71 | ||||
GUJALKALI | Gujarat Alkalies | 0.52 | ||||
IMFA | Indian Metals | 0.18 | ||||
EMBASSY-RR | Embassy Office | 0.28 |
Complementary Tools for Shaily Stock analysis
When running Shaily Engineering's price analysis, check to measure Shaily Engineering'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 Shaily Engineering is operating at the current time. Most of Shaily Engineering's value examination focuses on studying past and present price action to predict the probability of Shaily Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shaily Engineering's price. Additionally, you may evaluate how the addition of Shaily Engineering to your portfolios can decrease your overall portfolio volatility.
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