Sportking India Limiteds Stock Has Shown Weakness Lately But Financial Prospects Look Decent Is The Market Wrong - Simply Wall St

SPORTKING   106.87  0.87  0.81%   
Under 61% of Sportking India's investor base is looking to short. The analysis of overall sentiment of trading Sportking India Limited stock suggests that many investors are alarmed at this time. Sportking India's investing sentiment shows overall attitude of investors towards Sportking India Limited.
  
Sportking India Limiteds Stock Has Shown Weakness Lately But Financial Prospects Look Decent Is The Market Wrong Simply Wall St

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Sportking India Fundamental Analysis

We analyze Sportking India's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sportking India using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sportking India 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.

Net Asset

Net Asset Comparative Analysis

Sportking India is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Sportking India 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 Sportking India stock to make a market-neutral strategy. Peer analysis of Sportking India could also be used in its relative valuation, which is a method of valuing Sportking India by comparing valuation metrics with similar companies.

Peers

Sportking India Related Equities

COSMOFIRSTCOSMO FIRST   4.80   
0%
100.0%
RICOAUTORico Auto   0.66   
0%
13.0%
PARAGMILKParag Milk   0.60   
0%
12.0%
HDFCBANKHDFC Bank   0.42   
0%
8.0%
RELIANCEReliance Industries   0.37   
0%
7.0%
KINGFAKingfa Science   0.20   
0%
4.0%
TBZTribhovandas Bhimji   0.05   
1.0%
0%
HEUBACHINDHeubach Colorants   0.38   
7.0%
0%
GATECHDVRGACM Technologies   1.08   
22.0%
0%
DELTAMAGNTDelta Manufacturing   1.61   
33.0%
0%

Complementary Tools for Sportking Stock analysis

When running Sportking India's price analysis, check to measure Sportking India'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 Sportking India is operating at the current time. Most of Sportking India's value examination focuses on studying past and present price action to predict the probability of Sportking India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sportking India's price. Additionally, you may evaluate how the addition of Sportking India to your portfolios can decrease your overall portfolio volatility.
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