Western Metal Materials stock performs better than its underlying earnings growth over last five years - Simply Wall St
002149 Stock | 17.34 0.61 3.40% |
About 61% of Western Metal's investor base is looking to short. The current sentiment regarding investing in Western Metal Materials stock implies that many traders are alarmed. The current market sentiment, together with Western Metal's historical and current headlines, can help investors time the market. In addition, many technical investors use Western Metal Materials stock news signals to limit their universe of possible portfolio assets.
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Western Metal Materials stock performs better than its underlying earnings growth over last five years Simply Wall St
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Western Metal Fundamental Analysis
We analyze Western Metal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Metal 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.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Western Metal is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Western Metal Materials 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 Western Metal stock to make a market-neutral strategy. Peer analysis of Western Metal could also be used in its relative valuation, which is a method of valuing Western Metal by comparing valuation metrics with similar companies.
Peers
Western Metal Related Equities
600019 | Baoshan Iron | 1.28 | ||||
000807 | Yunnan Aluminium | 0.21 | ||||
600160 | Zhejiang Juhua | 0.25 | ||||
601899 | Zijin Mining | 0.70 | ||||
002493 | Rongsheng Petrochemical | 0.76 | ||||
600547 | Shandong Gold | 0.86 | ||||
600010 | Inner Mongolia | 1.56 | ||||
600309 | Wanhua Chemical | 2.11 | ||||
603260 | Hoshine Silicon | 2.47 | ||||
002460 | Jiangxi Ganfeng | 2.85 |
Complementary Tools for Western Stock analysis
When running Western Metal's price analysis, check to measure Western Metal'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 Western Metal is operating at the current time. Most of Western Metal's value examination focuses on studying past and present price action to predict the probability of Western Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Metal's price. Additionally, you may evaluate how the addition of Western Metal to your portfolios can decrease your overall portfolio volatility.
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