Invesco Ltd. Trims Stock Position in Cathay General Bancorp - AmericanBankingNEWS
| 2882A Stock | TWD 61.10 0.20 0.33% |
Slightly above 62% of Cathay Financial's investor base is looking to short. The analysis of current outlook of investing in Cathay Financial Holding suggests that many traders are alarmed regarding Cathay Financial's prospects. Cathay Financial's investing sentiment can be driven by a variety of factors including economic data, Cathay Financial's earnings reports, geopolitical events, and overall market trends.
Cathay |
Invesco Ltd. Trims Stock Position in Cathay General Bancorp AmericanBankingNEWS
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Cathay Financial Fundamental Analysis
We analyze Cathay Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay Financial 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 Financial is rated fifth 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 Financial Holding 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 Financial stock to make a market-neutral strategy. Peer analysis of Cathay Financial could also be used in its relative valuation, which is a method of valuing Cathay Financial by comparing valuation metrics with similar companies.
Peers
Cathay Financial Related Equities
| 2905 | Mercuries Associates | 1.25 | ||||
| 2891C | CTBC Financial | 0.35 | ||||
| 2882B | Cathay Financial | 0.33 | ||||
| 2881A | Fubon Financial | 0.16 | ||||
| 2867 | Mercuries Life | 0.30 | ||||
| 2882A | Cathay Financial | 0.33 |
Additional Tools for Cathay Stock Analysis
When running Cathay Financial's price analysis, check to measure Cathay Financial'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 Financial is operating at the current time. Most of Cathay Financial's value examination focuses on studying past and present price action to predict the probability of Cathay Financial'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 Financial's price. Additionally, you may evaluate how the addition of Cathay Financial to your portfolios can decrease your overall portfolio volatility.