FineMat Applied Materials Co., Ltd. Surges 27 percent Yet Its Low PS Is No Reason For Excitement - Simply Wall St
| 6698 Stock | TWD 38.00 1.30 3.31% |
Slightly above 61% of FineMat Applied's investor base is looking to short. The analysis of current outlook of investing in FineMat Applied Materials suggests that many traders are alarmed regarding FineMat Applied's prospects. FineMat Applied's investing sentiment can be driven by a variety of factors including economic data, FineMat Applied's earnings reports, geopolitical events, and overall market trends.
FineMat Applied stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of FineMat daily returns and investor perception about the current price of FineMat Applied Materials as well as its diversification or hedging effects on your existing portfolios.
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FineMat Applied Materials Co., Ltd. Surges 27 percent Yet Its Low PS Is No Reason For Excitement Simply Wall St
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FineMat Applied Fundamental Analysis
We analyze FineMat Applied's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FineMat Applied using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FineMat Applied 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 Earning
Price To Earning Comparative Analysis
FineMat Applied is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
FineMat Applied Materials 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 FineMat Applied stock to make a market-neutral strategy. Peer analysis of FineMat Applied could also be used in its relative valuation, which is a method of valuing FineMat Applied by comparing valuation metrics with similar companies.
Peers
FineMat Applied Related Equities
| 2327 | Yageo Corp | 4.02 | ||||
| 3008 | LARGAN Precision | 3.68 | ||||
| 8069 | E Ink | 3.39 | ||||
| 2317 | Hon Hai | 1.93 | ||||
| 2409 | AU Optronics | 1.40 | ||||
| 4938 | Pegatron Corp | 1.31 | ||||
| 2308 | Delta Electronics | 1.09 | ||||
| 3481 | Innolux Corp | 1.08 |
Additional Tools for FineMat Stock Analysis
When running FineMat Applied's price analysis, check to measure FineMat Applied'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 FineMat Applied is operating at the current time. Most of FineMat Applied's value examination focuses on studying past and present price action to predict the probability of FineMat Applied's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FineMat Applied's price. Additionally, you may evaluate how the addition of FineMat Applied to your portfolios can decrease your overall portfolio volatility.