FO stocks Tata Steel, National Aluminium among 5 stocks with long buildup - The Economic Times
| TTST Stock | USD 17.45 0.05 0.29% |
About 55% of Tata Steel's investor base is interested to short. The current sentiment regarding investing in Tata Steel Limited stock implies that many traders are impartial. Tata Steel's investing sentiment shows overall attitude of investors towards Tata Steel Limited.
Tata Steel stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Tata daily returns and investor perception about the current price of Tata Steel Limited as well as its diversification or hedging effects on your existing portfolios.
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FO stocks Tata Steel, National Aluminium among 5 stocks with long buildup The Economic Times
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Tata Steel Fundamental Analysis
We analyze Tata Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tata Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tata Steel 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.
Current Valuation
Current Valuation Comparative Analysis
Tata Steel is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Tata Steel Limited 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 Tata Steel stock to make a market-neutral strategy. Peer analysis of Tata Steel could also be used in its relative valuation, which is a method of valuing Tata Steel by comparing valuation metrics with similar companies.
Peers
Tata Steel Related Equities
| 0QPS | Givaudan | 2.46 | ||||
| AAZ | Anglo Asian | 0.48 | ||||
| AMRQ | Amaroq Minerals | 0.57 | ||||
| ATYM | Atalaya Mining | 1.96 | ||||
| CAML | Central Asia | 2.82 | ||||
| ANTO | Antofagasta PLC | 3.47 | ||||
| FXPO | Ferrexpo PLC | 3.88 | ||||
| MTL | Metals Exploration | 4.67 |
Other Information on Investing in Tata Stock
Tata Steel financial ratios help investors to determine whether Tata 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 Tata with respect to the benefits of owning Tata Steel security.