Refex Industries plans to raise Rs 927.81 crore - The Economic Times
| REFEX Stock | 494.20 23.50 4.99% |
About 56% of all Refex Industries' investors are looking to take a long position. The analysis of overall sentiment of trading Refex Industries Limited stock suggests that some investors are interested at this time. Refex Industries' investing sentiment overview a quick insight into current market opportunities from investing in Refex Industries Limited. Many technical investors use Refex Industries stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Refex |
Refex Industries plans to raise Rs 927.81 crore The Economic Times
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Refex Industries Fundamental Analysis
We analyze Refex Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Refex Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Refex Industries 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
Refex Industries 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.
Refex Industries 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 Refex Industries stock to make a market-neutral strategy. Peer analysis of Refex Industries could also be used in its relative valuation, which is a method of valuing Refex Industries by comparing valuation metrics with similar companies.
Peers
Refex Industries Related Equities
| HISARMETAL | Hisar Metal | 2.76 | ||||
| DATAMATICS | Datamatics Global | 2.45 | ||||
| AGARIND | Agarwal Industrial | 1.50 | ||||
| PARAGMILK | Parag Milk | 1.10 | ||||
| DEVIT | Dev Information | 0.17 | ||||
| VBL | Varun Beverages | 1.51 | ||||
| NIBL | NRB Industrial | 2.61 | ||||
| SMLT | Sarthak Metals | 2.72 |
Other Information on Investing in Refex Stock
Refex Industries financial ratios help investors to determine whether Refex 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 Refex with respect to the benefits of owning Refex Industries security.