Even With A 36 percent Surge, Cautious Investors Are Not Rewarding CareRay Digital Medical Technology Co., Ltd.s Performance Completely - Simply Wall St
| 688607 Stock | 12.76 0.41 3.11% |
About 62% of CareRay Digital's investor base is looking to short. The analysis of overall sentiment of trading CareRay Digital Medical stock suggests that many investors are alarmed at this time. The current market sentiment, together with CareRay Digital's historical and current headlines, can help investors time the market. In addition, many technical investors use CareRay Digital Medical stock news signals to limit their universe of possible portfolio assets.
CareRay |
Even With A 36 percent Surge, Cautious Investors Are Not Rewarding CareRay Digital Medical Technology Co., Ltd.s Performance Completely Simply Wall St
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CareRay Digital Fundamental Analysis
We analyze CareRay Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CareRay Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CareRay Digital 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
CareRay Digital 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.
CareRay Digital Medical 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 CareRay Digital stock to make a market-neutral strategy. Peer analysis of CareRay Digital could also be used in its relative valuation, which is a method of valuing CareRay Digital by comparing valuation metrics with similar companies.
Peers
CareRay Digital Related Equities
| 688169 | Beijing Roborock | 2.64 | ||||
| 300750 | Contemporary Amperex | 0.44 | ||||
| 600519 | Kweichow Moutai | 0.87 | ||||
| 603444 | G Bits | 1.56 | ||||
| 300760 | Shenzhen Mindray | 1.69 |
Complementary Tools for CareRay Stock analysis
When running CareRay Digital's price analysis, check to measure CareRay Digital'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 CareRay Digital is operating at the current time. Most of CareRay Digital's value examination focuses on studying past and present price action to predict the probability of CareRay Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareRay Digital's price. Additionally, you may evaluate how the addition of CareRay Digital to your portfolios can decrease your overall portfolio volatility.
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