Industrial and Commercial Bank of China Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com
| 601398 Stock | 6.88 0.02 0.29% |
About 53% of Industrial's investor base is interested to short. The analysis of overall sentiment of trading Industrial and Commercial stock suggests that many investors are impartial at this time. The current market sentiment, together with Industrial's historical and current headlines, can help investors time the market. In addition, many technical investors use Industrial and Commercial stock news signals to limit their universe of possible portfolio assets.
Industrial |
Industrial and Commercial Bank of China Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Marketscreener.com
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Industrial Fundamental Analysis
We analyze Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Industrial 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.
Total Debt
Total Debt Comparative Analysis
Industrial is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Industrial and Commercial 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 Industrial stock to make a market-neutral strategy. Peer analysis of Industrial could also be used in its relative valuation, which is a method of valuing Industrial by comparing valuation metrics with similar companies.
Peers
Industrial Related Equities
| 603057 | Shanghai Ziyan | 2.20 | ||||
| 603345 | Fujian Anjoy | 1.69 | ||||
| 002671 | Shandong Longquan | 1.34 | ||||
| 605499 | Eastroc Beverage | 0.47 | ||||
| 600158 | China Sports | 0.12 | ||||
| 002205 | XinJiang GuoTong | 0.11 | ||||
| 603727 | Bomesc Offshore | 0.88 | ||||
| 605299 | Shuhua Sports | 1.23 |
Complementary Tools for Industrial Stock analysis
When running Industrial's price analysis, check to measure Industrial'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 Industrial is operating at the current time. Most of Industrial's value examination focuses on studying past and present price action to predict the probability of Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial's price. Additionally, you may evaluate how the addition of Industrial to your portfolios can decrease your overall portfolio volatility.
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