Unity Foods Limited - Business Recorder
| UNITY Stock | 36.06 0.63 1.72% |
About 62% of Unity Foods' investor base is looking to short. The analysis of current outlook of investing in Unity Foods suggests that many traders are alarmed regarding Unity Foods' prospects. Unity Foods' investing sentiment shows overall attitude of investors towards Unity Foods.
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Unity Foods Limited Business Recorder
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Unity Foods Fundamental Analysis
We analyze Unity Foods' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Unity Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Unity Foods 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
Unity Foods 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.
Unity Foods 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 Unity Foods stock to make a market-neutral strategy. Peer analysis of Unity Foods could also be used in its relative valuation, which is a method of valuing Unity Foods by comparing valuation metrics with similar companies.
Peers
Unity Foods Related Equities
| MSOT | Masood Textile | 9.96 | ||||
| MARI | Mari Petroleum | 9.83 | ||||
| REWM | Reliance Weaving | 2.70 | ||||
| FFL | Fauji Foods | 0.13 | ||||
| KAPCO | KOT Addu | 1.36 | ||||
| LOADS | Loads | 2.14 | ||||
| THCCL | Thatta Cement | 3.51 | ||||
| KSBP | KSB Pumps | 6.06 |
Other Information on Investing in Unity Stock
Unity Foods financial ratios help investors to determine whether Unity 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 Unity with respect to the benefits of owning Unity Foods security.