Industrial Bank of Korea Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com
002219 Stock | 3.00 0.27 9.89% |
About 54% of Hengkang Medical's investors are presently thinking to get in. The analysis of overall sentiment of trading Hengkang Medical Group stock suggests that some investors are interested at this time. The current market sentiment, together with Hengkang Medical's historical and current headlines, can help investors time the market. In addition, many technical investors use Hengkang Medical stock news signals to limit their universe of possible portfolio assets.
Hengkang |
Industrial Bank of Korea Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Marketscreener.com
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Hengkang Medical Fundamental Analysis
We analyze Hengkang Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hengkang Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hengkang Medical 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
Hengkang Medical 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.
Hengkang Medical 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 Hengkang Medical stock to make a market-neutral strategy. Peer analysis of Hengkang Medical could also be used in its relative valuation, which is a method of valuing Hengkang Medical by comparing valuation metrics with similar companies.
Peers
Hengkang Medical Related Equities
601857 | PetroChina | 2.73 | ||||
601398 | Industrial | 2.36 | ||||
600000 | Shanghai Pudong | 2.17 | ||||
601988 | Bank of China | 1.47 | ||||
601939 | China Construction | 1.14 | ||||
601288 | Agricultural Bank | 1.14 | ||||
601166 | Industrial Bank | 1.11 | ||||
601628 | China Life | 0.52 | ||||
600036 | China Merchants | 0.46 | ||||
601318 | Ping An | 0.22 |
Complementary Tools for Hengkang Stock analysis
When running Hengkang Medical's price analysis, check to measure Hengkang Medical'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 Hengkang Medical is operating at the current time. Most of Hengkang Medical's value examination focuses on studying past and present price action to predict the probability of Hengkang Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hengkang Medical's price. Additionally, you may evaluate how the addition of Hengkang Medical to your portfolios can decrease your overall portfolio volatility.
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