Hong Leong Bank Berhad Third Quarter 2024 Earnings EPS Beats Expectations, Revenues Lag - Yahoo Canada Finance
| 5819 Stock | 21.40 0.10 0.47% |
About 53% of Hong Leong's investor base is interested to short. The analysis of current outlook of investing in Hong Leong Bank suggests that many traders are impartial regarding Hong Leong's prospects. Hong Leong's investing sentiment shows overall attitude of investors towards Hong Leong Bank.
Hong Leong stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Hong daily returns and investor perception about the current price of Hong Leong Bank as well as its diversification or hedging effects on your existing portfolios.
Hong |
Hong Leong Bank Berhad Third Quarter 2024 Earnings EPS Beats Expectations, Revenues Lag Yahoo Canada Finance
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Hong Leong Fundamental Analysis
We analyze Hong Leong's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hong Leong using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hong Leong 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 Sales
Price To Sales Comparative Analysis
Hong Leong is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Hong Leong Bank 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 Hong Leong stock to make a market-neutral strategy. Peer analysis of Hong Leong could also be used in its relative valuation, which is a method of valuing Hong Leong by comparing valuation metrics with similar companies.
Peers
Hong Leong Related Equities
| 0089 | Tex Cycle | 0.94 |
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| 5289 | Techbond Group | 2.78 |
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| 8869 | Press Metal | 3.81 |
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| 5797 | Choo Bee | 5.97 |
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| 5216 | Datasonic Group | 7.14 |
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Other Information on Investing in Hong Stock
Hong Leong financial ratios help investors to determine whether Hong 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 Hong with respect to the benefits of owning Hong Leong security.