Shandong Gold Mining Approves Key Financing Guarantee - TipRanks
000635 Stock | 8.11 0.20 2.41% |
About 61% of Ningxia Younglight's investor base is looking to short. The analysis of overall sentiment of trading Ningxia Younglight Chemicals stock suggests that many investors are alarmed at this time. The current market sentiment, together with Ningxia Younglight's historical and current headlines, can help investors time the market. In addition, many technical investors use Ningxia Younglight stock news signals to limit their universe of possible portfolio assets.
Ningxia |
Shandong Gold Mining Approves Key Financing Guarantee TipRanks
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Ningxia Younglight Fundamental Analysis
We analyze Ningxia Younglight's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ningxia Younglight using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ningxia Younglight 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.
EBITDA
EBITDA Comparative Analysis
Ningxia Younglight is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Ningxia Younglight 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 Ningxia Younglight stock to make a market-neutral strategy. Peer analysis of Ningxia Younglight could also be used in its relative valuation, which is a method of valuing Ningxia Younglight by comparing valuation metrics with similar companies.
Peers
Ningxia Younglight Related Equities
601899 | Zijin Mining | 0.64 | ||||
600160 | Zhejiang Juhua | 0.29 | ||||
600547 | Shandong Gold | 0.17 | ||||
600309 | Wanhua Chemical | 0.31 | ||||
002460 | Jiangxi Ganfeng | 0.41 | ||||
603260 | Hoshine Silicon | 0.87 | ||||
000807 | Yunnan Aluminium | 1.18 | ||||
600010 | Inner Mongolia | 1.56 | ||||
600019 | Baoshan Iron | 1.69 |
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