Budget termed neutral for stock market - Business Finance - Business Recorder
| WAHN Stock | 240.00 7.37 3.17% |
About 55% of Wah Nobel's investors are presently thinking to get in. The analysis of current outlook of investing in Wah Nobel Chemicals suggests that some traders are interested regarding Wah Nobel's prospects. The current market sentiment, together with Wah Nobel's historical and current headlines, can help investors time the market. In addition, many technical investors use Wah Nobel Chemicals stock news signals to limit their universe of possible portfolio assets.
Wah |
Budget termed neutral for stock market - Business Finance Business Recorder
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Wah Nobel Fundamental Analysis
We analyze Wah Nobel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wah Nobel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wah Nobel 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
Wah Nobel 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.
Wah Nobel Chemicals 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 Wah Nobel stock to make a market-neutral strategy. Peer analysis of Wah Nobel could also be used in its relative valuation, which is a method of valuing Wah Nobel by comparing valuation metrics with similar companies.
Peers
Wah Nobel Related Equities
| MSOT | Masood Textile | 9.96 | ||||
| THCCL | Thatta Cement | 6.63 | ||||
| MARI | Mari Petroleum | 6.42 | ||||
| LOADS | Loads | 2.45 | ||||
| KSBP | KSB Pumps | 0.85 | ||||
| FFL | Fauji Foods | 0.81 | ||||
| KAPCO | KOT Addu | 0.90 | ||||
| REWM | Reliance Weaving | 3.85 |
Complementary Tools for Wah Stock analysis
When running Wah Nobel's price analysis, check to measure Wah Nobel'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 Wah Nobel is operating at the current time. Most of Wah Nobel's value examination focuses on studying past and present price action to predict the probability of Wah Nobel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wah Nobel's price. Additionally, you may evaluate how the addition of Wah Nobel to your portfolios can decrease your overall portfolio volatility.
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