Olympic Circuit Technology Co., Ltd Surges 29 percent Yet Its Low PE Is No Reason For Excitement - Simply Wall St
603920 Stock | 31.18 1.21 4.04% |
About 55% of Olympic Circuit's investors are presently thinking to get in. The analysis of overall sentiment of trading Olympic Circuit Technology stock suggests that some investors are interested at this time. The current market sentiment, together with Olympic Circuit's historical and current headlines, can help investors time the market. In addition, many technical investors use Olympic Circuit Tech stock news signals to limit their universe of possible portfolio assets.
Olympic |
Olympic Circuit Technology Co., Ltd Surges 29 percent Yet Its Low PE Is No Reason For Excitement Simply Wall St
Read at news.google.com
Olympic Circuit Fundamental Analysis
We analyze Olympic Circuit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Olympic Circuit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Olympic Circuit 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.
Working Capital
Working Capital Comparative Analysis
Olympic Circuit is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Olympic Circuit Tech 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 Olympic Circuit stock to make a market-neutral strategy. Peer analysis of Olympic Circuit could also be used in its relative valuation, which is a method of valuing Olympic Circuit by comparing valuation metrics with similar companies.
Peers
Olympic Circuit Related Equities
600941 | China Mobile | 0.19 | ||||
601288 | Agricultural Bank | 0.19 | ||||
600938 | CNOOC | 0.17 | ||||
601328 | Bank of Communications | 0.13 | ||||
601398 | Industrial | 0.14 | ||||
600036 | China Merchants | 0.35 | ||||
601988 | Bank of China | 0.36 | ||||
601658 | Postal Savings | 0.53 | ||||
601857 | PetroChina | 0.56 | ||||
601939 | China Construction | 0.68 |
Complementary Tools for Olympic Stock analysis
When running Olympic Circuit's price analysis, check to measure Olympic Circuit'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 Olympic Circuit is operating at the current time. Most of Olympic Circuit's value examination focuses on studying past and present price action to predict the probability of Olympic Circuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Circuit's price. Additionally, you may evaluate how the addition of Olympic Circuit to your portfolios can decrease your overall portfolio volatility.
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Transaction History View history of all your transactions and understand their impact on performance | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |