China Mobile Reports October 2024 Customer Growth - TipRanks

002952 Stock   25.77  1.45  5.33%   
About 62% of Yes Optoelectronics' investor base is looking to short. The analysis of overall sentiment of trading Yes Optoelectronics Co stock suggests that many investors are alarmed at this time. The current market sentiment, together with Yes Optoelectronics' historical and current headlines, can help investors time the market. In addition, many technical investors use Yes Optoelectronics stock news signals to limit their universe of possible portfolio assets.
  
China Mobile Reports October 2024 Customer Growth TipRanks

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Yes Optoelectronics Fundamental Analysis

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

Yes Optoelectronics 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.

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

Peers

Yes Optoelectronics Related Equities

601398Industrial   0.62   
0%
23.0%
601988Bank of China   0.57   
0%
21.0%
600036China Merchants   0.29   
11.0%
0%
600519Kweichow Moutai   0.34   
12.0%
0%
601628China Life   0.81   
30.0%
0%
601939China Construction   0.82   
31.0%
0%
601857PetroChina   0.95   
36.0%
0%
601288Agricultural Bank   1.18   
45.0%
0%
600941China Mobile   2.15   
82.0%
0%
300750Contemporary Amperex   2.62   
100.0%
0%

Complementary Tools for Yes Stock analysis

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