Tata Steel Stocks, Tata Steel Share Price Updates 03 Oct 2024 Tata Steel shares end flat on Thursday - BusinessLine
| TTST Stock | USD 17.10 0.20 1.18% |
About 50% of Tata Steel's institutional investors are presently thinking to get in. The current sentiment regarding investing in Tata Steel Limited stock implies that some traders are interested. 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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Tata Steel Stocks, Tata Steel Share Price Updates 03 Oct 2024 Tata Steel shares end flat on Thursday BusinessLine
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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.
Return On Equity
Return On Equity Comparative Analysis
Tata Steel is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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
| AMRQ | Amaroq Minerals | 17.41 | ||||
| FXPO | Ferrexpo PLC | 10.70 | ||||
| ANTO | Antofagasta PLC | 0.73 | ||||
| 0QPS | Givaudan | 0.23 | ||||
| ATYM | Atalaya Mining | 0.14 | ||||
| AAZ | Anglo Asian | 1.48 | ||||
| MTL | Metals Exploration | 8.77 |
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.