Why I Like 20 Microns Limited - Yahoo Canada Shine On
20MICRONS | 254.51 1.51 0.59% |
About 62% of 20 Microns' investor base is looking to short. The current sentiment regarding investing in 20 Microns Limited stock implies that many traders are alarmed. 20 Microns' investing sentiment overview a quick insight into current market opportunities from investing in 20 Microns Limited. Many technical investors use 20 Microns Limited stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
20MICRONS |
Why I Like 20 Microns Limited Yahoo Canada Shine On
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20 Microns Fundamental Analysis
We analyze 20 Microns' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 20 Microns using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 20 Microns 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
20 Microns 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.
20 Microns Limited 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 20 Microns stock to make a market-neutral strategy. Peer analysis of 20 Microns could also be used in its relative valuation, which is a method of valuing 20 Microns by comparing valuation metrics with similar companies.
Peers
20 Microns Related Equities
V2RETAIL | V2 Retail | 4.89 | ||||
SMLT | Sarthak Metals | 4.55 | ||||
RATNAMANI | Ratnamani Metals | 0.75 | ||||
FRETAIL | Future Retail | 0.00 | ||||
IMFA | Indian Metals | 0.62 | ||||
NEWGEN | Newgen Software | 1.00 | ||||
VMART | V Mart | 1.64 | ||||
SPENCERS | Spencers Retail | 2.20 |
Other Information on Investing in 20MICRONS Stock
20 Microns financial ratios help investors to determine whether 20MICRONS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 20MICRONS with respect to the benefits of owning 20 Microns security.