Wonder Electricals Limiteds Stock On An Uptrend Could Fundamentals Be Driving The Momentum - Simply Wall St

WEL Stock   162.09  1.17  0.72%   
About 62% of Wonder Electricals' investor base is looking to short. The analysis of overall sentiment of trading Wonder Electricals Limited stock suggests that many investors are alarmed at this time. The current market sentiment, together with Wonder Electricals' historical and current headlines, can help investors time the market. In addition, many technical investors use Wonder Electricals stock news signals to limit their universe of possible portfolio assets.
Wonder Electricals stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Wonder daily returns and investor perception about the current price of Wonder Electricals Limited as well as its diversification or hedging effects on your existing portfolios.
  
Wonder Electricals Limiteds Stock On An Uptrend Could Fundamentals Be Driving The Momentum Simply Wall St

Read at news.google.com
Google News at Macroaxis
  

Wonder Electricals Fundamental Analysis

We analyze Wonder Electricals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wonder Electricals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wonder Electricals 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.

Gross Profit

Gross Profit Comparative Analysis

Wonder Electricals is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Wonder Electricals 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 Wonder Electricals stock to make a market-neutral strategy. Peer analysis of Wonder Electricals could also be used in its relative valuation, which is a method of valuing Wonder Electricals by comparing valuation metrics with similar companies.

Peers

Wonder Electricals Related Equities

DELTAMAGNTDelta Manufacturing   8.07   
0%
100.0%
COSMOFIRSTCOSMO FIRST   4.00   
0%
49.0%
TBZTribhovandas Bhimji   0.38   
0%
4.0%
HEUBACHINDHeubach Colorants   0.18   
0%
2.0%
RICOAUTORico Auto   0.81   
10.0%
0%
PARAGMILKParag Milk   1.73   
21.0%
0%
TARAPURTarapur Transformers   2.02   
25.0%
0%
GATECHDVRGACM Technologies   2.08   
25.0%
0%
KINGFAKingfa Science   2.27   
28.0%
0%
KAUSHALYAKaushalya Infrastructure   2.74   
33.0%
0%

Complementary Tools for Wonder Stock analysis

When running Wonder Electricals' price analysis, check to measure Wonder Electricals' 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 Wonder Electricals is operating at the current time. Most of Wonder Electricals' value examination focuses on studying past and present price action to predict the probability of Wonder Electricals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wonder Electricals' price. Additionally, you may evaluate how the addition of Wonder Electricals to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated