Is Western Superconducting Technologies Using Too Much Debt - Simply Wall St
| 688122 Stock | 43.42 0.09 0.21% |
About 62% of Western Superconducting's investor base is looking to short. The analysis of overall sentiment of trading Western Superconducting Tech stock suggests that many investors are alarmed at this time. The current market sentiment, together with Western Superconducting's historical and current headlines, can help investors time the market. In addition, many technical investors use Western Superconducting stock news signals to limit their universe of possible portfolio assets.
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Is Western Superconducting Technologies Using Too Much Debt Simply Wall St
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Western Superconducting Fundamental Analysis
We analyze Western Superconducting's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Superconducting using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Superconducting 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.
Beta
Beta Comparative Analysis
Western Superconducting is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Western Superconducting 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 Western Superconducting stock to make a market-neutral strategy. Peer analysis of Western Superconducting could also be used in its relative valuation, which is a method of valuing Western Superconducting by comparing valuation metrics with similar companies.
Peers
Western Superconducting Related Equities
| 603045 | Fuda Alloy | 6.62 | ||||
| 301397 | Chongqing Sulian | 1.87 | ||||
| 000969 | Advanced Technology | 1.76 | ||||
| 600076 | Kangxin New | 1.40 | ||||
| 603501 | Will Semiconductor | 0.29 | ||||
| 688233 | Thinkon Semiconductor | 0.96 | ||||
| 688484 | Southchip Semiconductor | 1.49 |
Complementary Tools for Western Stock analysis
When running Western Superconducting's price analysis, check to measure Western Superconducting'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 Western Superconducting is operating at the current time. Most of Western Superconducting's value examination focuses on studying past and present price action to predict the probability of Western Superconducting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Superconducting's price. Additionally, you may evaluate how the addition of Western Superconducting to your portfolios can decrease your overall portfolio volatility.
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