Shanghai Friendess Electronic Technology First Quarter 2024 Earnings Misses Expectations - Simply Wall St
| 688188 Stock | 180.00 1.00 0.55% |
About 62% of Shanghai Friendess' investor base is looking to short. The analysis of overall sentiment of trading Shanghai Friendess Electronics stock suggests that many investors are alarmed at this time. The current market sentiment, together with Shanghai Friendess' historical and current headlines, can help investors time the market. In addition, many technical investors use Shanghai Friendess stock news signals to limit their universe of possible portfolio assets.
Shanghai |
Shanghai Friendess Electronic Technology First Quarter 2024 Earnings Misses Expectations Simply Wall St
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Shanghai Friendess Fundamental Analysis
We analyze Shanghai Friendess' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shanghai Friendess using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shanghai Friendess 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.
Revenue
Revenue Comparative Analysis
Shanghai Friendess is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Shanghai Friendess 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 Shanghai Friendess stock to make a market-neutral strategy. Peer analysis of Shanghai Friendess could also be used in its relative valuation, which is a method of valuing Shanghai Friendess by comparing valuation metrics with similar companies.
Peers
Shanghai Friendess Related Equities
| 002497 | Sichuan Yahua | 1.77 | ||||
| 601002 | Gem Year | 1.55 | ||||
| 000685 | Zhongshan Public | 0.77 | ||||
| 002443 | Zhejiang Kingland | 0.49 | ||||
| 601628 | China Life | 0.81 | ||||
| 600108 | Gansu Yasheng | 0.99 |
Complementary Tools for Shanghai Stock analysis
When running Shanghai Friendess' price analysis, check to measure Shanghai Friendess' 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 Shanghai Friendess is operating at the current time. Most of Shanghai Friendess' value examination focuses on studying past and present price action to predict the probability of Shanghai Friendess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Friendess' price. Additionally, you may evaluate how the addition of Shanghai Friendess to your portfolios can decrease your overall portfolio volatility.
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