Nanya New Material Technology Co.,Ltds Shares Bounce percent But Its Business Still Trails The Industry - Simply Wall St

688519 Stock   20.79  0.34  1.61%   
About 62% of Nanya New's investor base is looking to short. The analysis of overall sentiment of trading Nanya New Material stock suggests that many investors are alarmed at this time. The current market sentiment, together with Nanya New's historical and current headlines, can help investors time the market. In addition, many technical investors use Nanya New Material stock news signals to limit their universe of possible portfolio assets.
  
Nanya New Material Technology Co.,Ltds Shares Bounce percent But Its Business Still Trails The Industry Simply Wall St

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Nanya New Fundamental Analysis

We analyze Nanya New's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nanya New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nanya New 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 Sales

Price To Sales Comparative Analysis

Nanya New is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Nanya New Material 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 Nanya New stock to make a market-neutral strategy. Peer analysis of Nanya New could also be used in its relative valuation, which is a method of valuing Nanya New by comparing valuation metrics with similar companies.

Peers

Nanya New Related Equities

601288Agricultural Bank   2.20   
0%
100.0%
601398Industrial   2.19   
0%
99.0%
601939China Construction   1.81   
0%
82.0%
601658Postal Savings   1.66   
0%
75.0%
601988Bank of China   1.54   
0%
70.0%
601328Bank of Communications   1.50   
0%
68.0%
600036China Merchants   1.18   
0%
53.0%
601998China Citic   0.44   
0%
20.0%
601166Industrial Bank   0.39   
0%
17.0%
601318Ping An   1.15   
52.0%
0%

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When running Nanya New's price analysis, check to measure Nanya New'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 Nanya New is operating at the current time. Most of Nanya New's value examination focuses on studying past and present price action to predict the probability of Nanya New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanya New's price. Additionally, you may evaluate how the addition of Nanya New to your portfolios can decrease your overall portfolio volatility.
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