Has Heilongjiang Agriculture Company Limited Stocks Recent Performance Got Anything to Do With ... - Simply Wall St
600598 Stock | 13.87 0.38 2.67% |
About 62% of Heilongjiang Agriculture's investor base is looking to short. The analysis of overall sentiment of trading Heilongjiang Agriculture Co stock suggests that many investors are alarmed at this time. The current market sentiment, together with Heilongjiang Agriculture's historical and current headlines, can help investors time the market. In addition, many technical investors use Heilongjiang Agriculture stock news signals to limit their universe of possible portfolio assets.
Heilongjiang |
Has Heilongjiang Agriculture Company Limited Stocks Recent Performance Got Anything to Do With ... Simply Wall St
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Heilongjiang Agriculture Fundamental Analysis
We analyze Heilongjiang Agriculture's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heilongjiang Agriculture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heilongjiang Agriculture 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
Heilongjiang Agriculture 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.
Heilongjiang Agriculture 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 Heilongjiang Agriculture stock to make a market-neutral strategy. Peer analysis of Heilongjiang Agriculture could also be used in its relative valuation, which is a method of valuing Heilongjiang Agriculture by comparing valuation metrics with similar companies.
Peers
Heilongjiang Agriculture Related Equities
601857 | PetroChina | 0.68 | ||||
601728 | China Telecom | 0.14 | ||||
600028 | China Petroleum | 0.15 | ||||
601628 | China Life | 0.36 | ||||
601088 | China Shenhua | 0.62 | ||||
601668 | China State | 0.69 | ||||
601318 | Ping An | 0.81 | ||||
600938 | CNOOC | 1.51 | ||||
600519 | Kweichow Moutai | 2.37 | ||||
600941 | China Mobile | 2.57 |
Complementary Tools for Heilongjiang Stock analysis
When running Heilongjiang Agriculture's price analysis, check to measure Heilongjiang Agriculture'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 Heilongjiang Agriculture is operating at the current time. Most of Heilongjiang Agriculture's value examination focuses on studying past and present price action to predict the probability of Heilongjiang Agriculture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heilongjiang Agriculture's price. Additionally, you may evaluate how the addition of Heilongjiang Agriculture to your portfolios can decrease your overall portfolio volatility.
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