Analysts Show Confidence in Wipro Amid Positive Ratings and Institutional Interest
| WIT Stock | USD 3.38 0.03 0.88% |
Slightly above 62% of Wipro Limited's investor base is looking to short. The analysis of overall sentiment of trading Wipro Limited ADR stock suggests that many investors are alarmed at this time. Wipro Limited's investing sentiment can be driven by a variety of factors including economic data, Wipro Limited's earnings reports, geopolitical events, and overall market trends.
Wipro |
Analysts Show Confidence in Wipro Amid Positive Ratings and Institutional Interest
Read at kalkinemedia.com
 |
Wipro Limited Fundamental Analysis
We analyze Wipro Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wipro Limited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wipro Limited 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
Wipro Limited 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.
Wipro Limited ADR 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 Wipro Limited stock to make a market-neutral strategy. Peer analysis of Wipro Limited could also be used in its relative valuation, which is a method of valuing Wipro Limited by comparing valuation metrics with similar companies.
Peers
Wipro Limited Related Equities
| TASK | Taskus | 5.47 | ||||
| ASGN | ASGN | 2.43 | ||||
| CACI | CACI International | 1.56 | ||||
| IT | Gartner | 1.11 | ||||
| EXLS | ExlService Holdings | 1.02 | ||||
| WNS | WNS Holdings | 0.61 | ||||
| CTSH | Cognizant Technology | 0.34 | ||||
| BR | Broadridge Financial | 0.16 | ||||
| ACN | Accenture Plc | 0.1 | ||||
| G | Genpact | 0.19 | ||||
| INFY | Infosys | 0.29 | ||||
| CDW | CDW Corp | 1.88 | ||||
| TTEC | TTEC Holdings | 3.20 |
Additional Tools for Wipro Stock Analysis
When running Wipro Limited's price analysis, check to measure Wipro Limited'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 Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.