Why Coromandel Share Price is Falling - Equitymaster
| COROMANDEL | 1,777 67.55 3.66% |
About 62% of Coromandel International's investor base is looking to short. The analysis of current outlook of investing in Coromandel International Limited suggests that many traders are alarmed regarding Coromandel International's prospects. Coromandel International's investing sentiment overview a quick insight into current market opportunities from investing in Coromandel International Limited. Many technical investors use Coromandel International stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Why Coromandel Share Price is Falling Equitymaster
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Coromandel International Fundamental Analysis
We analyze Coromandel International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coromandel International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coromandel International 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.
Working Capital
Working Capital Comparative Analysis
Coromandel International is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Coromandel International 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 Coromandel International stock to make a market-neutral strategy. Peer analysis of Coromandel International could also be used in its relative valuation, which is a method of valuing Coromandel International by comparing valuation metrics with similar companies.
Peers
Coromandel International Related Equities
| SBCL | Shivalik Bimetal | 1.10 | ||||
| ALKALI | Alkali Metals | 0.53 | ||||
| RAJMET | Rajnandini Metal | 1.57 | ||||
| NAHARINDUS | Nahar Industrial | 1.65 | ||||
| LFIC | Lakshmi Finance | 1.96 | ||||
| SHYAMMETL | Shyam Metalics | 2.10 | ||||
| HISARMETAL | Hisar Metal | 2.27 |
Other Information on Investing in Coromandel Stock
Coromandel International financial ratios help investors to determine whether Coromandel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Coromandel with respect to the benefits of owning Coromandel International security.