Midea Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 - Marketscreener.com
| 000333 Stock | 75.98 0.44 0.58% |
About 52% of Midea Group's investor base is interested to short. The analysis of overall sentiment of trading Midea Group Co stock suggests that many investors are impartial at this time. The current market sentiment, together with Midea Group's historical and current headlines, can help investors time the market. In addition, many technical investors use Midea Group stock news signals to limit their universe of possible portfolio assets.
Midea |
Midea Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 Marketscreener.com
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Midea Group Fundamental Analysis
We analyze Midea Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Midea Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Midea Group 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.
Return On Asset
Return On Asset Comparative Analysis
Midea Group is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Midea 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 Midea Group stock to make a market-neutral strategy. Peer analysis of Midea Group could also be used in its relative valuation, which is a method of valuing Midea Group by comparing valuation metrics with similar companies.
Peers
Midea Group Related Equities
| 000609 | Beijing Mainstreets | 4.83 | ||||
| 600114 | NBTM New | 3.04 | ||||
| 002149 | Western Metal | 1.27 | ||||
| 000895 | Henan Shuanghui | 0.69 | ||||
| 000900 | Xiandai Investment | 0.89 | ||||
| 002108 | Cangzhou Mingzhu | 1.91 | ||||
| 600462 | Hubei Geoway | 4.00 |
Complementary Tools for Midea Stock analysis
When running Midea Group's price analysis, check to measure Midea Group'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 Midea Group is operating at the current time. Most of Midea Group's value examination focuses on studying past and present price action to predict the probability of Midea Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midea Group's price. Additionally, you may evaluate how the addition of Midea Group to your portfolios can decrease your overall portfolio volatility.
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