Sensex Today Trades Lower Nifty Below 24,350 Axis Bank Falls 5, Tata Steel 2 percent - Equitymaster
| TSTH Stock | THB 0.72 0.01 1.41% |
About 55% of Tata Steel's institutional investors are presently thinking to get in. The analysis of current outlook of investing in Tata Steel Public suggests that some traders are interested regarding Tata Steel's prospects. Tata Steel's investing sentiment shows overall attitude of investors towards Tata Steel Public.
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Sensex Today Trades Lower Nifty Below 24,350 Axis Bank Falls 5, Tata Steel 2 Equitymaster
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Tata Steel Fundamental Analysis
We analyze Tata Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tata Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tata Steel 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
Tata Steel 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.
Tata Steel Public 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 Tata Steel stock to make a market-neutral strategy. Peer analysis of Tata Steel could also be used in its relative valuation, which is a method of valuing Tata Steel by comparing valuation metrics with similar companies.
Peers
Tata Steel Related Equities
| TTA | Thoresen Thai | 4.42 | ||||
| TPIPL | TPI Polene | 0.90 | ||||
| TMT | TMT Steel | 0.61 | ||||
| HANA | Hana Microelectronics | 1.80 | ||||
| TRC | TRC Construction | 4.52 |
Other Information on Investing in Tata Stock
Tata Steel financial ratios help investors to determine whether Tata 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 Tata with respect to the benefits of owning Tata Steel security.