Why Are Shineco Shares Trading Higher Today?
SISI Stock | USD 2.36 0.11 4.45% |
Under 59% of Shineco's investor base is looking to short. The analysis of overall sentiment of trading Shineco stock suggests that many investors are alarmed at this time. Shineco's investing sentiment shows overall attitude of investors towards Shineco.
Shineco |
Shineco Inc shares are trading higher after its subsidiary, Changzhou Biowin Pharmaceutical Co Ltd, received marketing and distribution approval for its Cardiac 5-Minute Test from the Jiangsu Bureau of the National Medical Products Administration . The effective date for the diagnostic medical products registration with the NMPA is June 21, 2023, and it shall remain valid for five years through June 20, 2028. The Cardiac 5-Minute Test is a combination test of three major ca
Read at finance.yahoo.com
Shineco Fundamental Analysis
We analyze Shineco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shineco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shineco 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.
Debt To Equity
Debt To Equity Comparative Analysis
Shineco is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Shineco 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 Shineco stock to make a market-neutral strategy. Peer analysis of Shineco could also be used in its relative valuation, which is a method of valuing Shineco by comparing valuation metrics with similar companies.
Peers
Shineco Related Equities
FDP | Fresh Del | 3.47 | ||||
CALM | Cal Maine | 0.54 | ||||
TSN | Tyson Foods | 0.25 | ||||
LMNR | Limoneira | 0.32 | ||||
ADM | Archer Daniels | 0.60 | ||||
AGRO | Adecoagro | 0.92 | ||||
VFF | Village Farms | 1.25 | ||||
AQB | AquaBounty Technologies | 9.09 |
Complementary Tools for Shineco Stock analysis
When running Shineco's price analysis, check to measure Shineco'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 Shineco is operating at the current time. Most of Shineco's value examination focuses on studying past and present price action to predict the probability of Shineco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shineco's price. Additionally, you may evaluate how the addition of Shineco to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
CEOs Directory Screen CEOs from public companies around the world |