Tianshan Material Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 - Marketscreener.com

600449 Stock   15.01  0.70  4.89%   
About 55% of Ningxia Building's investors are presently thinking to get in. The analysis of overall sentiment of trading Ningxia Building Materials stock suggests that some investors are interested at this time. The current market sentiment, together with Ningxia Building's historical and current headlines, can help investors time the market. In addition, many technical investors use Ningxia Building Mat stock news signals to limit their universe of possible portfolio assets.
  
Tianshan Material Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 Marketscreener.com

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Ningxia Building Fundamental Analysis

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

Ningxia Building 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.

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

Peers

Ningxia Building Related Equities

600010Inner Mongolia   1.59   
0%
50.0%
600019Baoshan Iron   0.72   
0%
22.0%
002493Rongsheng Petrochemical   0.66   
0%
20.0%
600547Shandong Gold   0.22   
0%
6.0%
600309Wanhua Chemical   0.12   
3.0%
0%
002460Jiangxi Ganfeng   0.17   
5.0%
0%
603260Hoshine Silicon   1.42   
44.0%
0%
601899Zijin Mining   2.05   
64.0%
0%
600160Zhejiang Juhua   3.15   
99.0%
0%
000807Yunnan Aluminium   3.17   
100.0%
0%

Complementary Tools for Ningxia Stock analysis

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