Investors Holding Back On Cathay Chemical Works Inc. - Simply Wall St
| 1713 Stock | TWD 46.65 0.80 1.69% |
Slightly above 61% of Cathay Chemical's investor base is looking to short. The analysis of current outlook of investing in Cathay Chemical Works suggests that many traders are alarmed regarding Cathay Chemical's prospects. Cathay Chemical's investing sentiment can be driven by a variety of factors including economic data, Cathay Chemical's earnings reports, geopolitical events, and overall market trends.
Cathay Chemical stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Cathay daily returns and investor perception about the current price of Cathay Chemical Works as well as its diversification or hedging effects on your existing portfolios.
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Investors Holding Back On Cathay Chemical Works Inc. Simply Wall St
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Cathay Chemical Fundamental Analysis
We analyze Cathay Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay Chemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay Chemical 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Cathay Chemical is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Cathay Chemical Works 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 Cathay Chemical stock to make a market-neutral strategy. Peer analysis of Cathay Chemical could also be used in its relative valuation, which is a method of valuing Cathay Chemical by comparing valuation metrics with similar companies.
Peers
Cathay Chemical Related Equities
| 1727 | Chung Hwa | 1.00 |
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| 1708 | Sesoda Corp | 1.19 |
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| 1718 | China Man | 1.53 |
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| 1711 | Everlight Chemical | 2.48 |
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Additional Tools for Cathay Stock Analysis
When running Cathay Chemical's price analysis, check to measure Cathay Chemical'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 Cathay Chemical is operating at the current time. Most of Cathay Chemical's value examination focuses on studying past and present price action to predict the probability of Cathay Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Chemical's price. Additionally, you may evaluate how the addition of Cathay Chemical to your portfolios can decrease your overall portfolio volatility.