Earnings growth of 0.9 percent over 3 years hasnt been enough to translate into positive returns for Zhejiang Huayou Cobalt shareholders - Simply Wall St

603799 Stock   29.71  0.59  1.95%   
About 62% of Zhejiang Huayou's investor base is looking to short. The current sentiment regarding investing in Zhejiang Huayou Cobalt stock implies that many traders are alarmed. The current market sentiment, together with Zhejiang Huayou's historical and current headlines, can help investors time the market. In addition, many technical investors use Zhejiang Huayou Cobalt stock news signals to limit their universe of possible portfolio assets.
  
Earnings growth of 0.9 percent over 3 years hasnt been enough to translate into positive returns for Zhejiang Huayou Cobalt shareholders Simply Wall St

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Zhejiang Huayou Fundamental Analysis

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

Price To Book

Price To Book Comparative Analysis

Zhejiang Huayou is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

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

Peers

Zhejiang Huayou Related Equities

600019Baoshan Iron   1.28   
0%
44.0%
000807Yunnan Aluminium   0.21   
0%
7.0%
600160Zhejiang Juhua   0.25   
8.0%
0%
601899Zijin Mining   0.70   
24.0%
0%
002493Rongsheng Petrochemical   0.76   
26.0%
0%
600547Shandong Gold   0.86   
30.0%
0%
600010Inner Mongolia   1.56   
54.0%
0%
600309Wanhua Chemical   2.11   
74.0%
0%
603260Hoshine Silicon   2.47   
86.0%
0%
002460Jiangxi Ganfeng   2.85   
100.0%
0%

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