Zijin Minings Shares Rise After Mine Confirmed as Chinas Biggest Copper Resource - Yicai Global
| ZIJMY Stock | USD 39.84 1.33 3.45% |
Slightly above 55% of Zijin Mining's investors are presently thinking to get in. The analysis of overall sentiment of trading Zijin Mining Group pink sheet suggests that some investors are interested at this time. Zijin Mining's investing sentiment can be driven by a variety of factors including economic data, Zijin Mining's earnings reports, geopolitical events, and overall market trends.
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Zijin Minings Shares Rise After Mine Confirmed as Chinas Biggest Copper Resource Yicai Global
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Zijin Mining Fundamental Analysis
We analyze Zijin Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zijin Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zijin Mining 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.
Beta
Beta Comparative Analysis
Zijin Mining is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Zijin Mining Group 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 Zijin Mining pink sheet to make a market-neutral strategy. Peer analysis of Zijin Mining could also be used in its relative valuation, which is a method of valuing Zijin Mining by comparing valuation metrics with similar companies.
Peers
Zijin Mining Related Equities
| PAAS | Pan American | 6.78 | ||||
| AU | AngloGold Ashanti | 5.09 | ||||
| GFI | Gold Fields | 4.16 | ||||
| HMY | Harmony Gold | 4.13 | ||||
| KGC | Kinross Gold | 3.33 | ||||
| NEM | Newmont Goldcorp | 0.58 | ||||
| AEM | Agnico Eagle | 0.16 | ||||
| WPM | Wheaton Precious | 0.12 | ||||
| EGO | Eldorado Gold | 0.53 |
Additional Tools for Zijin Pink Sheet Analysis
When running Zijin Mining's price analysis, check to measure Zijin Mining'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 Zijin Mining is operating at the current time. Most of Zijin Mining's value examination focuses on studying past and present price action to predict the probability of Zijin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zijin Mining's price. Additionally, you may evaluate how the addition of Zijin Mining to your portfolios can decrease your overall portfolio volatility.