market valuations Is the Indian market finally in the buy zone Abhay Agarwal answers - The Economic Times
ABHY Etf | 19.05 0.01 0.05% |
Slightly above 62% of ABHY's investor base is looking to short. The current sentiment regarding investing in ABHY etf implies that many traders are alarmed. ABHY's investing sentiment can be driven by a variety of factors including economic data, ABHY's earnings reports, geopolitical events, and overall market trends.
ABHY |
market valuations Is the Indian market finally in the buy zone Abhay Agarwal answers The Economic Times
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ABHY 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 ABHY etf to make a market-neutral strategy. Peer analysis of ABHY could also be used in its relative valuation, which is a method of valuing ABHY by comparing valuation metrics with similar companies.
Peers
ABHY Related Equities
VTV | Vanguard Value | 0.21 | ||||
VO | Vanguard Mid | 0.01 | ||||
VWO | Vanguard FTSE | 0.16 | ||||
BND | Vanguard Total | 0.17 | ||||
VTI | Vanguard Total | 0.35 | ||||
IVV | IShares Core | 0.39 | ||||
VEA | Vanguard FTSE | 0.62 | ||||
VB | Vanguard Small | 0.85 | ||||
SPY | SPDR SP | 1.14 | ||||
VUG | Vanguard Growth | 1.26 |
Check out ABHY Hype Analysis, ABHY Correlation and ABHY Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of ABHY is measured differently than its book value, which is the value of ABHY that is recorded on the company's balance sheet. Investors also form their own opinion of ABHY's value that differs from its market value or its book value, called intrinsic value, which is ABHY's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ABHY's market value can be influenced by many factors that don't directly affect ABHY's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ABHY's value and its price as these two are different measures arrived at by different means. Investors typically determine if ABHY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABHY's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.