Getting In Cheap On Huagong Tech Company Limited Might Be Difficult - Simply Wall St

000988 Stock   37.95  0.14  0.37%   
About 51% of Huagong Tech's investor base is interested to short. The analysis of overall sentiment of trading Huagong Tech Co stock suggests that many investors are impartial at this time. The current market sentiment, together with Huagong Tech's historical and current headlines, can help investors time the market. In addition, many technical investors use Huagong Tech stock news signals to limit their universe of possible portfolio assets.
  
g Tech Company Limited Might Be Difficult Simply Wall St

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Huagong Tech Fundamental Analysis

We analyze Huagong Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Huagong Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Huagong Tech 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.

Book Value Per Share

Book Value Per Share Comparative Analysis

Huagong Tech is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Huagong Tech 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 Huagong Tech stock to make a market-neutral strategy. Peer analysis of Huagong Tech could also be used in its relative valuation, which is a method of valuing Huagong Tech by comparing valuation metrics with similar companies.

Peers

Huagong Tech Related Equities

601166Industrial Bank   0.77   
0%
100.0%
601939China Construction   0.47   
0%
61.0%
601988Bank of China   0.38   
0%
49.0%
600036China Merchants   0.29   
0%
37.0%
601288Agricultural Bank   0.20   
25.0%
0%
601318Ping An   0.21   
27.0%
0%
601398Industrial   0.31   
40.0%
0%
601658Postal Savings   0.36   
46.0%
0%
601328Bank of Communications   0.40   
51.0%
0%
601998China Citic   0.73   
94.0%
0%

Complementary Tools for Huagong Stock analysis

When running Huagong Tech's price analysis, check to measure Huagong Tech'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 Huagong Tech is operating at the current time. Most of Huagong Tech's value examination focuses on studying past and present price action to predict the probability of Huagong Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huagong Tech's price. Additionally, you may evaluate how the addition of Huagong Tech to your portfolios can decrease your overall portfolio volatility.
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