Is Now The Time To Put Shijiazhuang Tonhe Electronics TechnologiesLtd On Your Watchlist - Simply Wall St

300491 Stock   17.17  0.97  5.35%   
About 61% of Shijiazhuang Tonhe's investor base is looking to short. The analysis of overall sentiment of trading Shijiazhuang Tonhe Electronics stock suggests that many investors are alarmed at this time. The current market sentiment, together with Shijiazhuang Tonhe's historical and current headlines, can help investors time the market. In addition, many technical investors use Shijiazhuang Tonhe stock news signals to limit their universe of possible portfolio assets.
  
Is Now The Time To Put Shijiazhuang Tonhe Electronics TechnologiesLtd On Your Watchlist Simply Wall St

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Shijiazhuang Tonhe Fundamental Analysis

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

Price To Book

Price To Book Comparative Analysis

Shijiazhuang Tonhe is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

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

Peers

Shijiazhuang Tonhe Related Equities

600938CNOOC   3.83   
0%
100.0%
601857PetroChina   2.88   
0%
75.0%
600028China Petroleum   2.51   
0%
65.0%
600941China Mobile   2.20   
0%
57.0%
601668China State   1.52   
0%
39.0%
601088China Shenhua   1.06   
0%
27.0%
601318Ping An   0.91   
0%
23.0%
600519Kweichow Moutai   0.29   
0%
7.0%
601628China Life   0.27   
0%
7.0%
601728China Telecom   0.14   
0%
3.0%

Complementary Tools for Shijiazhuang Stock analysis

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