Fittech Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com
| 6706 Stock | TWD 105.50 0.50 0.47% |
Slightly above 62% of Fittech's investor base is looking to short. The analysis of current outlook of investing in Fittech Co suggests that many traders are alarmed regarding Fittech's prospects. Fittech's investing sentiment can be driven by a variety of factors including economic data, Fittech's earnings reports, geopolitical events, and overall market trends.
Fittech stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Fittech daily returns and investor perception about the current price of Fittech Co as well as its diversification or hedging effects on your existing portfolios.
Fittech |
Fittech Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Marketscreener.com
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Fittech Fundamental Analysis
We analyze Fittech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fittech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fittech 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.
EBITDA
EBITDA Comparative Analysis
Fittech is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Fittech 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 Fittech stock to make a market-neutral strategy. Peer analysis of Fittech could also be used in its relative valuation, which is a method of valuing Fittech by comparing valuation metrics with similar companies.
Peers
Fittech Related Equities
| 6278 | Taiwan Surface | 1.44 | ||||
| 8016 | Sitronix Technology | 1.21 | ||||
| 3714 | Ennostar | 0.21 | ||||
| 8046 | Nan Ya | 0.75 | ||||
| 2455 | Visual Photonics | 2.12 |
Additional Tools for Fittech Stock Analysis
When running Fittech's price analysis, check to measure Fittech'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 Fittech is operating at the current time. Most of Fittech's value examination focuses on studying past and present price action to predict the probability of Fittech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fittech's price. Additionally, you may evaluate how the addition of Fittech to your portfolios can decrease your overall portfolio volatility.