Shin Ruenn development Co., LTD Announces Project Contract Awarding of the Company At Lixing Section, Linkou District - Marketscreener.com
| 6186 Stock | TWD 61.10 0.10 0.16% |
Slightly above 61% of Shin Ruenn's investor base is looking to short. The analysis of current outlook of investing in Shin Ruenn Development suggests that many traders are alarmed regarding Shin Ruenn's prospects. Shin Ruenn's investing sentiment can be driven by a variety of factors including economic data, Shin Ruenn's earnings reports, geopolitical events, and overall market trends.
Shin Ruenn stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Shin daily returns and investor perception about the current price of Shin Ruenn Development as well as its diversification or hedging effects on your existing portfolios.
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Shin Ruenn development Co., LTD Announces Project Contract Awarding of the Company At Lixing Section, Linkou District Marketscreener.com
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Shin Ruenn Fundamental Analysis
We analyze Shin Ruenn's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shin Ruenn using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shin Ruenn 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.
Z Score
Z Score Comparative Analysis
Shin Ruenn is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Shin Ruenn Development 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 Shin Ruenn stock to make a market-neutral strategy. Peer analysis of Shin Ruenn could also be used in its relative valuation, which is a method of valuing Shin Ruenn by comparing valuation metrics with similar companies.
Peers
Shin Ruenn Related Equities
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| 8341 | Sunny Friend | 3.00 |
Additional Tools for Shin Stock Analysis
When running Shin Ruenn's price analysis, check to measure Shin Ruenn'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 Shin Ruenn is operating at the current time. Most of Shin Ruenn's value examination focuses on studying past and present price action to predict the probability of Shin Ruenn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Ruenn's price. Additionally, you may evaluate how the addition of Shin Ruenn to your portfolios can decrease your overall portfolio volatility.