Cathay Biotech Inc.s Stock Is Rallying But Financials Look Ambiguous Will The Momentum Continue - Simply Wall St
| 688065 Stock | 42.84 0.22 0.51% |
About 56% of Cathay Biotech's investor base is looking to short. The analysis of overall sentiment of trading Cathay Biotech stock suggests that many investors are alarmed at this time. The current market sentiment, together with Cathay Biotech's historical and current headlines, can help investors time the market. In addition, many technical investors use Cathay Biotech stock news signals to limit their universe of possible portfolio assets.
Cathay |
Cathay Biotech Inc.s Stock Is Rallying But Financials Look Ambiguous Will The Momentum Continue Simply Wall St
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Cathay Biotech Fundamental Analysis
We analyze Cathay Biotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay Biotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay Biotech 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 Book
Price To Book Comparative Analysis
Cathay Biotech is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Cathay Biotech 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 Cathay Biotech stock to make a market-neutral strategy. Peer analysis of Cathay Biotech could also be used in its relative valuation, which is a method of valuing Cathay Biotech by comparing valuation metrics with similar companies.
Peers
Cathay Biotech Related Equities
| 603260 | Hoshine Silicon | 2.38 | ||||
| 600019 | Baoshan Iron | 2.33 | ||||
| 600010 | Inner Mongolia | 1.54 | ||||
| 600160 | Zhejiang Juhua | 1.26 | ||||
| 601899 | Zijin Mining | 0.26 | ||||
| 000807 | Yunnan Aluminium | 0.14 | ||||
| 600547 | Shandong Gold | 0.13 | ||||
| 600309 | Wanhua Chemical | 0.53 | ||||
| 002493 | Rongsheng Petrochemical | 0.65 | ||||
| 002460 | Jiangxi Ganfeng | 0.81 |
Complementary Tools for Cathay Stock analysis
When running Cathay Biotech's price analysis, check to measure Cathay Biotech'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 Cathay Biotech is operating at the current time. Most of Cathay Biotech's value examination focuses on studying past and present price action to predict the probability of Cathay Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Biotech's price. Additionally, you may evaluate how the addition of Cathay Biotech to your portfolios can decrease your overall portfolio volatility.
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