Does Heilongjiang Transport Development Co., Ltd.s Weak Fundamentals Mean That The Market Could Correct Its Share Price - Simply Wall St

601188 Stock   3.56  0.04  1.11%   
About 62% of Heilongjiang Transport's investor base is looking to short. The analysis of the overall prospects from investing in Heilongjiang Transport Development suggests that many traders are, at the present time, alarmed. The current market sentiment, together with Heilongjiang Transport's historical and current headlines, can help investors time the market. In addition, many technical investors use Heilongjiang Transport stock news signals to limit their universe of possible portfolio assets.
  
Does Heilongjiang Transport Development Co., Ltd.s Weak Fundamentals Mean That The Market Could Correct Its Share Price Simply Wall St

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Heilongjiang Transport Fundamental Analysis

We analyze Heilongjiang Transport's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heilongjiang Transport using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heilongjiang Transport 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 Transport 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 Transport 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 Transport stock to make a market-neutral strategy. Peer analysis of Heilongjiang Transport could also be used in its relative valuation, which is a method of valuing Heilongjiang Transport by comparing valuation metrics with similar companies.

Peers

Heilongjiang Transport Related Equities

601398Industrial   1.73   
55.0%
601857PetroChina   1.90   
61.0%
600036China Merchants   2.01   
65.0%
600938CNOOC   2.13   
68.0%
601939China Construction   2.28   
73.0%
601988Bank of China   2.54   
82.0%
601288Agricultural Bank   2.62   
84.0%
600941China Mobile   2.67   
86.0%
601658Postal Savings   2.82   
91.0%
601328Bank of Communications   3.09   
100.0%

Complementary Tools for Heilongjiang Stock analysis

When running Heilongjiang Transport's price analysis, check to measure Heilongjiang Transport'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 Transport is operating at the current time. Most of Heilongjiang Transport's value examination focuses on studying past and present price action to predict the probability of Heilongjiang Transport'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 Transport's price. Additionally, you may evaluate how the addition of Heilongjiang Transport to your portfolios can decrease your overall portfolio volatility.
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