Will Weakness in DEPPON LOGISTICS Co., LTD.s Stock Prove Temporary Given Strong Fundamentals - Simply Wall St

002941 Stock   10.52  0.02  0.19%   
About 55% of Xinjiang Communications' investor base is interested to short. The analysis of the overall prospects from investing in Xinjiang Communications Construction suggests that many traders are, at the present time, impartial. The current market sentiment, together with Xinjiang Communications' historical and current headlines, can help investors time the market. In addition, many technical investors use Xinjiang Communications stock news signals to limit their universe of possible portfolio assets.
  
Will Weakness in DEPPON LOGISTICS Co., LTD.s Stock Prove Temporary Given Strong Fundamentals Simply Wall St

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Xinjiang Communications Fundamental Analysis

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

Xinjiang Communications 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.

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

Peers

Xinjiang Communications Related Equities

601166Industrial Bank   1.53   
0%
100.0%
601658Postal Savings   1.09   
0%
71.0%
600036China Merchants   1.01   
0%
66.0%
601288Agricultural Bank   0.78   
0%
50.0%
601988Bank of China   0.75   
0%
49.0%
601398Industrial   0.60   
0%
39.0%
601998China Citic   0.15   
0%
9.0%
601939China Construction   0.12   
0%
7.0%
601328Bank of Communications   0.27   
17.0%
0%
601318Ping An   0.81   
52.0%
0%

Complementary Tools for Xinjiang Stock analysis

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