Market Might Still Lack Some Conviction On Parag Milk Foods Limited Even After 26 percent Share Price Boost - Simply Wall St
| PARAGMILK | 198.65 0.43 0.22% |
Under 56% of Parag Milk's investor base is looking to short. The analysis of overall sentiment of trading Parag Milk Foods stock suggests that many investors are alarmed at this time. Parag Milk's investing sentiment shows overall attitude of investors towards Parag Milk Foods.
Parag |
Market Might Still Lack Some Conviction On Parag Milk Foods Limited Even After 26 percent Share Price Boost Simply Wall St
Read at news.google.com
 |
Parag Milk Fundamental Analysis
We analyze Parag Milk's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parag Milk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parag Milk 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.
Return On Asset
Return On Asset Comparative Analysis
Parag Milk is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Parag Milk Foods 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 Parag Milk stock to make a market-neutral strategy. Peer analysis of Parag Milk could also be used in its relative valuation, which is a method of valuing Parag Milk by comparing valuation metrics with similar companies.
Peers
Parag Milk Related Equities
| UNIINFO | Uniinfo Telecom | 8.16 | ||||
| GICRE | General Insurance | 2.05 | ||||
| SPTL | Sintex Plastics | 0.00 | ||||
| SBILIFE | SBI Life | 0.83 | ||||
| LICI | Life Insurance | 1.48 | ||||
| SHYAMTEL | Shyam Telecom | 2.02 | ||||
| PNC | Pritish Nandy | 2.30 | ||||
| GENCON | Generic Engineering | 3.33 |
Complementary Tools for Parag Stock analysis
When running Parag Milk's price analysis, check to measure Parag Milk'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 Parag Milk is operating at the current time. Most of Parag Milk's value examination focuses on studying past and present price action to predict the probability of Parag Milk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parag Milk's price. Additionally, you may evaluate how the addition of Parag Milk to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |