Are Hygon Information Technology Co., Ltd.s Fundamentals Good Enough to Warrant Buying Given ... - Simply Wall St
688041 Stock | 128.78 7.58 6.25% |
About 55% of Hygon Information's investors are presently thinking to get in. The analysis of overall sentiment of trading Hygon Information Technology stock suggests that some investors are interested at this time. The current market sentiment, together with Hygon Information's historical and current headlines, can help investors time the market. In addition, many technical investors use Hygon Information stock news signals to limit their universe of possible portfolio assets.
Hygon |
Are Hygon Information Technology Co., Ltd.s Fundamentals Good Enough to Warrant Buying Given ... Simply Wall St
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Hygon Information Fundamental Analysis
We analyze Hygon Information's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hygon Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hygon Information 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.
Current Valuation
Current Valuation Comparative Analysis
Hygon Information is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Hygon Information 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 Hygon Information stock to make a market-neutral strategy. Peer analysis of Hygon Information could also be used in its relative valuation, which is a method of valuing Hygon Information by comparing valuation metrics with similar companies.
Peers
Hygon Information Related Equities
601318 | Ping An | 0.09 |
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600941 | China Mobile | 0.11 |
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601166 | Industrial Bank | 0.32 |
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600938 | CNOOC | 0.58 |
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601939 | China Construction | 0.82 |
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601988 | Bank of China | 0.95 |
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601857 | PetroChina | 1.06 |
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601288 | Agricultural Bank | 1.18 |
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600036 | China Merchants | 1.30 |
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601398 | Industrial | 1.52 |
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Complementary Tools for Hygon Stock analysis
When running Hygon Information's price analysis, check to measure Hygon Information'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 Hygon Information is operating at the current time. Most of Hygon Information's value examination focuses on studying past and present price action to predict the probability of Hygon Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hygon Information's price. Additionally, you may evaluate how the addition of Hygon Information to your portfolios can decrease your overall portfolio volatility.
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