Tian Ruixiang Holdings Converts Debt into Equity to Strengthen Financial Position - TipRanks
| TIRX Stock | USD 1.75 0.07 3.85% |
Slightly above 62% of Tian Ruixiang's investor base is looking to short. The analysis of the overall prospects from investing in Tian Ruixiang Holdings suggests that many traders are, at the present time, alarmed. 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 Converts Debt into Equity to Strengthen Financial Position TipRanks
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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.
EBITDA
EBITDA Comparative Analysis
Tian Ruixiang is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
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
| SLQT | Selectquote | 3.23 | ||||
| CRD-B | Crawford | 2.56 | ||||
| HUIZ | Huize Holding | 2.41 | ||||
| BRO | Brown Brown | 2.22 | ||||
| ERIE | Erie Indemnity | 1.33 | ||||
| GOCO | GoHealth | 1.31 | ||||
| EHTH | EHealth | 0.81 | ||||
| CRVL | CorVel Corp | 0.48 |
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.