PNB Share Price Highlights PNB closed today at 110.35, up 1.52 percent from yesterdays 108.7 Stock Market News - Mint
| PNB Stock | 101.44 0.72 0.70% |
About 62% of Punjab National's investor base is looking to short. The analysis of overall sentiment of trading Punjab National Bank stock suggests that many investors are alarmed at this time. The current market sentiment, together with Punjab National's historical and current headlines, can help investors time the market. In addition, many technical investors use Punjab National Bank stock news signals to limit their universe of possible portfolio assets.
Punjab National stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Punjab daily returns and investor perception about the current price of Punjab National Bank as well as its diversification or hedging effects on your existing portfolios.
Punjab |
PNB Share Price Highlights PNB closed today at 110.35, up 1.52 percent from yesterdays 108.7 Stock Market News Mint
Read at news.google.com
 |
Punjab National Fundamental Analysis
We analyze Punjab National's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Punjab National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Punjab National 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Punjab National is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Punjab National Bank 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 Punjab National stock to make a market-neutral strategy. Peer analysis of Punjab National could also be used in its relative valuation, which is a method of valuing Punjab National by comparing valuation metrics with similar companies.
Peers
Punjab National Related Equities
| COSMOFIRST | COSMO FIRST | 4.80 | ||||
| CHEMCON | Chemcon Speciality | 0.82 | ||||
| RICOAUTO | Rico Auto | 0.66 | ||||
| PARAGMILK | Parag Milk | 0.60 | ||||
| KINGFA | Kingfa Science | 0.20 | ||||
| TBZ | Tribhovandas Bhimji | 0.05 | ||||
| ARVIND | Arvind | 0.35 | ||||
| HEUBACHIND | Heubach Colorants | 0.38 | ||||
| GATECHDVR | GACM Technologies | 1.08 | ||||
| DELTAMAGNT | Delta Manufacturing | 1.61 |
Complementary Tools for Punjab Stock analysis
When running Punjab National's price analysis, check to measure Punjab National'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 Punjab National is operating at the current time. Most of Punjab National's value examination focuses on studying past and present price action to predict the probability of Punjab National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Punjab National's price. Additionally, you may evaluate how the addition of Punjab National to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |