Why Were Not Concerned About Elecom Co., Ltd.s Share Price - Simply Wall St
| 9EL Stock | EUR 8.95 0.05 0.56% |
Roughly 62% of ELECOM CO's investor base is looking to short. The analysis of current outlook of investing in ELECOM LTD suggests that many traders are alarmed regarding ELECOM CO's prospects. The current market sentiment, together with ELECOM CO's historical and current headlines, can help investors time the market. In addition, many technical investors use ELECOM LTD stock news signals to limit their universe of possible portfolio assets.
ELECOM CO stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of ELECOM daily returns and investor perception about the current price of ELECOM LTD as well as its diversification or hedging effects on your existing portfolios.
ELECOM |
Why Were Not Concerned About Elecom Co., Ltd.s Share Price Simply Wall St
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ELECOM CO Fundamental Analysis
We analyze ELECOM CO's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ELECOM CO using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ELECOM CO 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.
Annual Yield
Annual Yield Comparative Analysis
ELECOM is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
ELECOM LTD 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 ELECOM CO stock to make a market-neutral strategy. Peer analysis of ELECOM CO could also be used in its relative valuation, which is a method of valuing ELECOM CO by comparing valuation metrics with similar companies.
Peers
ELECOM CO Related Equities
| PRE1 | PRECISION DRILLING | 6.36 | ||||
| 2XT | DXC Technology | 0.05 | ||||
| RZH | SCOTT TECHNOLOGY | 0.83 | ||||
| CPW | Check Point | 1.79 | ||||
| VHY | Vishay Intertechnology | 2.60 |
Complementary Tools for ELECOM Stock analysis
When running ELECOM CO's price analysis, check to measure ELECOM CO'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 ELECOM CO is operating at the current time. Most of ELECOM CO's value examination focuses on studying past and present price action to predict the probability of ELECOM CO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELECOM CO's price. Additionally, you may evaluate how the addition of ELECOM CO to your portfolios can decrease your overall portfolio volatility.
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