Tian Ruixiang Holdings Ltd Short Interest Down 29.4 percent in December
TIRX Stock | USD 1.72 0.02 1.18% |
Slightly above 51% of Tian Ruixiang's investors are presently thinking to get in. The analysis of the overall prospects from investing in Tian Ruixiang Holdings suggests that some traders are, at the present time, interested. Tian Ruixiang's investing sentiment can be driven by a variety of factors including economic data, Tian Ruixiang's earnings reports, geopolitical events, and overall market trends.
Tian |
Tian Ruixiang Holdings Ltd saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 12,500 shares, a drop of 29.4 percent from the December 15th total of 17,700 shares. Based on an average trading volume of 110,300 shares, the days-to-cover
Read at thelincolnianonline.com
Tian Ruixiang Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Tian Ruixiang can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tian Ruixiang Fundamental Analysis
We analyze Tian Ruixiang's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tian Ruixiang using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tian Ruixiang 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
Tian Ruixiang 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.
Tian Ruixiang Holdings 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 Tian Ruixiang stock to make a market-neutral strategy. Peer analysis of Tian Ruixiang could also be used in its relative valuation, which is a method of valuing Tian Ruixiang by comparing valuation metrics with similar companies.
Peers
Tian Ruixiang Related Equities
HUIZ | Huize Holding | 14.29 | ||||
GOCO | GoHealth | 3.81 | ||||
SLQT | Selectquote | 3.10 | ||||
EHTH | EHealth | 2.73 | ||||
CRD-B | Crawford | 1.64 | ||||
CRVL | CorVel Corp | 1.11 | ||||
ERIE | Erie Indemnity | 0.56 | ||||
BRO | Brown Brown | 0.09 |
Additional Tools for Tian Stock Analysis
When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang'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 Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.