One Shaanxi Construction Machinery Co.,Ltd Analyst Just Slashed Their 2024 Revenue Estimates - Simply Wall St

600831 Stock   2.59  0.13  4.78%   
About 61% of Shaanxi Broadcast's investor base is looking to short. The analysis of the overall prospects from investing in Shaanxi Broadcast TV suggests that many traders are, at the present time, alarmed. The current market sentiment, together with Shaanxi Broadcast's historical and current headlines, can help investors time the market. In addition, many technical investors use Shaanxi Broadcast stock news signals to limit their universe of possible portfolio assets.
  
One Shaanxi Construction Machinery Co.,Ltd Analyst Just Slashed Their 2024 Revenue Estimates Simply Wall St

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Shaanxi Broadcast Fundamental Analysis

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

Current Valuation

Current Valuation Comparative Analysis

Shaanxi Broadcast is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

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

Peers

Shaanxi Broadcast Related Equities

601857PetroChina   2.73   
0%
100.0%
601398Industrial   2.36   
0%
86.0%
601988Bank of China   1.47   
0%
53.0%
601939China Construction   1.14   
0%
41.0%
601288Agricultural Bank   1.14   
0%
41.0%
600941China Mobile   0.61   
0%
22.0%
601628China Life   0.52   
0%
19.0%
600036China Merchants   0.46   
0%
16.0%
300750Contemporary Amperex   0.1   
3.0%
0%
600519Kweichow Moutai   0.57   
20.0%
0%

Complementary Tools for Shaanxi Stock analysis

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