Lacklustre Performance Is Driving Lytus Technologies Holdings PTV. Ltd.s 31 percent Price Drop - Simply Wall St
| LYT Stock | USD 0.17 0.01 5.56% |
Slightly above 60% of Lytus Technologies' investor base is looking to short. The analysis of the overall prospects from investing in Lytus Technologies Holdings suggests that many traders are, at the present time, alarmed. Lytus Technologies' investing sentiment can be driven by a variety of factors including economic data, Lytus Technologies' earnings reports, geopolitical events, and overall market trends.
Lytus |
Lacklustre Performance Is Driving Lytus Technologies Holdings PTV. Ltd.s 31 percent Price Drop Simply Wall St
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Lytus Technologies Fundamental Analysis
We analyze Lytus Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lytus Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lytus Technologies 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.
Beta
Beta Comparative Analysis
Lytus Technologies is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Lytus Technologies 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 Lytus Technologies stock to make a market-neutral strategy. Peer analysis of Lytus Technologies could also be used in its relative valuation, which is a method of valuing Lytus Technologies by comparing valuation metrics with similar companies.
Peers
Lytus Technologies Related Equities
Additional Tools for Lytus Stock Analysis
When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.