Shriram Trans Fin shares drop 2.22 percent as Sensex falls - Economic Times
| SHRIRAMFIN | 3,020 24.05 0.79% |
About 62% of Shriram Finance's investor base is looking to short. The analysis of the overall prospects from investing in Shriram Finance Limited suggests that many traders are, at the present time, alarmed. Shriram Finance's investing sentiment overview a quick insight into current market opportunities from investing in Shriram Finance Limited. Many technical investors use Shriram Finance stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Shriram Finance stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Shriram daily returns and investor perception about the current price of Shriram Finance Limited as well as its diversification or hedging effects on your existing portfolios.
Shriram |
Shriram Trans Fin shares drop 2.22 percent as Sensex falls Economic Times
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Shriram Finance Fundamental Analysis
We analyze Shriram Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shriram Finance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shriram Finance 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Shriram Finance is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Shriram Finance 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 Shriram Finance stock to make a market-neutral strategy. Peer analysis of Shriram Finance could also be used in its relative valuation, which is a method of valuing Shriram Finance by comparing valuation metrics with similar companies.
Peers
Shriram Finance Related Equities
| HITECHGEAR | Hi Tech | 1.49 | ||||
| PARACABLES | Paramount Communications | 1.07 | ||||
| GRWRHITECH | Garware Hi | 0.06 | ||||
| METALFORGE | Metalyst Forgings | 0.00 | ||||
| SHYAMMETL | Shyam Metalics | 0.19 | ||||
| AKUMS | Akums Drugs | 0.36 | ||||
| RAJMET | Rajnandini Metal | 0.78 |
Other Information on Investing in Shriram Stock
Shriram Finance financial ratios help investors to determine whether Shriram 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 Shriram with respect to the benefits of owning Shriram Finance security.