Market Participants Recognise Shengda Resources Co.,Ltd.s Earnings Pushing Shares 29 percent Higher - Simply Wall St
000603 Stock | 12.10 0.34 2.73% |
About 62% of Shengda Mining's investor base is looking to short. The current sentiment regarding investing in Shengda Mining Co stock implies that many traders are alarmed. The current market sentiment, together with Shengda Mining's historical and current headlines, can help investors time the market. In addition, many technical investors use Shengda Mining stock news signals to limit their universe of possible portfolio assets.
Shengda |
Market Participants Recognise Shengda Resources Co.,Ltd.s Earnings Pushing Shares 29 percent Higher Simply Wall St
Read at news.google.com
Shengda Mining Fundamental Analysis
We analyze Shengda Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shengda Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shengda Mining 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.
Revenue
Revenue Comparative Analysis
Shengda Mining is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Shengda Mining 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 Shengda Mining stock to make a market-neutral strategy. Peer analysis of Shengda Mining could also be used in its relative valuation, which is a method of valuing Shengda Mining by comparing valuation metrics with similar companies.
Peers
Shengda Mining Related Equities
600019 | Baoshan Iron | 1.28 | ||||
000807 | Yunnan Aluminium | 0.21 | ||||
600160 | Zhejiang Juhua | 0.25 | ||||
601899 | Zijin Mining | 0.70 | ||||
002493 | Rongsheng Petrochemical | 0.76 | ||||
600547 | Shandong Gold | 0.86 | ||||
600010 | Inner Mongolia | 1.56 | ||||
600309 | Wanhua Chemical | 2.11 | ||||
603260 | Hoshine Silicon | 2.47 | ||||
002460 | Jiangxi Ganfeng | 2.85 |
Complementary Tools for Shengda Stock analysis
When running Shengda Mining's price analysis, check to measure Shengda Mining'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 Shengda Mining is operating at the current time. Most of Shengda Mining's value examination focuses on studying past and present price action to predict the probability of Shengda Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shengda Mining's price. Additionally, you may evaluate how the addition of Shengda Mining to your portfolios can decrease your overall portfolio volatility.
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |