Discovering Undiscovered Gems with Strong Fundamentals December 2024 - Simply Wall St

603579 Stock   14.65  0.75  4.87%   
About 61% of Shanghai Rongtai's investor base is looking to short. The analysis of overall sentiment of trading Shanghai Rongtai Health stock suggests that many investors are alarmed at this time. The current market sentiment, together with Shanghai Rongtai's historical and current headlines, can help investors time the market. In addition, many technical investors use Shanghai Rongtai Health stock news signals to limit their universe of possible portfolio assets.
  
Discovering Undiscovered Gems with Strong Fundamentals December 2024 Simply Wall St

Read at news.google.com
Google News at Macroaxis
  

Shanghai Rongtai Fundamental Analysis

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

Retained Earnings

Retained Earnings Comparative Analysis

Shanghai Rongtai is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

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

Peers

Shanghai Rongtai Related Equities

600938CNOOC   3.83   
0%
100.0%
601857PetroChina   2.88   
0%
75.0%
600028China Petroleum   2.51   
0%
65.0%
600941China Mobile   2.20   
0%
57.0%
601668China State   1.52   
0%
39.0%
601088China Shenhua   1.06   
0%
27.0%
601318Ping An   0.91   
0%
23.0%
600519Kweichow Moutai   0.29   
0%
7.0%
601628China Life   0.27   
0%
7.0%
601728China Telecom   0.14   
0%
3.0%

Complementary Tools for Shanghai Stock analysis

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