Spotting Winners Timken And Engineered Components and Systems Stocks In Q3
| TKR Stock | USD 73.73 0.03 0.04% |
Slightly above 62% of Timken's investor base is looking to short. The analysis of overall sentiment of trading Timken Company stock suggests that many investors are alarmed at this time. Timken's investing sentiment overview a quick insight into current market opportunities from investing in Timken Company. Many technical investors use Timken Company stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Timken |
As the Q3 earnings season comes to a close, its time to take stock of this quarters best and worst performers in the engineered components and systems industry, including Timken and its peers.
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Timken Fundamental Analysis
We analyze Timken's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Timken using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Timken 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.
Price To Book
Price To Book Comparative Analysis
Timken is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Timken Company 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 Timken stock to make a market-neutral strategy. Peer analysis of Timken could also be used in its relative valuation, which is a method of valuing Timken by comparing valuation metrics with similar companies.
Peers
Timken Related Equities
| SNA | Snap On | 0.32 | ||||
| LECO | Lincoln Electric | 0.06 | ||||
| EML | Eastern | 0.23 | ||||
| KMT | Kennametal | 0.75 | ||||
| SWK | Stanley Black | 1.21 | ||||
| HLMN | Hillman Solutions | 1.35 | ||||
| TTC | Toro | 2.11 |
Additional Tools for Timken Stock Analysis
When running Timken's price analysis, check to measure Timken'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 Timken is operating at the current time. Most of Timken's value examination focuses on studying past and present price action to predict the probability of Timken's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Timken's price. Additionally, you may evaluate how the addition of Timken to your portfolios can decrease your overall portfolio volatility.