Despite delivering investors losses of 31 percent over the past 3 years, Shanxi Tond Chemical has been growing its earnings - Simply Wall St

002360 Stock   5.11  0.19  3.86%   
About 55% of Shanxi Tond's investors are presently thinking to get in. The analysis of overall sentiment of trading Shanxi Tond Chemical stock suggests that some investors are interested at this time. The current market sentiment, together with Shanxi Tond's historical and current headlines, can help investors time the market. In addition, many technical investors use Shanxi Tond Chemical stock news signals to limit their universe of possible portfolio assets.
  
Despite delivering investors losses of 31 percent over the past 3 years, Shanxi Tond Chemical has been growing its earnings Simply Wall St

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Shanxi Tond Fundamental Analysis

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

Shanxi Tond 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.

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

Peers

Shanxi Tond Related Equities

600010Inner Mongolia   1.59   
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600019Baoshan Iron   0.72   
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002493Rongsheng Petrochemical   0.66   
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600547Shandong Gold   0.22   
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600309Wanhua Chemical   0.12   
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002460Jiangxi Ganfeng   0.17   
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603260Hoshine Silicon   1.42   
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601899Zijin Mining   2.05   
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600160Zhejiang Juhua   3.15   
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000807Yunnan Aluminium   3.17   
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Complementary Tools for Shanxi Stock analysis

When running Shanxi Tond's price analysis, check to measure Shanxi Tond'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 Shanxi Tond is operating at the current time. Most of Shanxi Tond's value examination focuses on studying past and present price action to predict the probability of Shanxi Tond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanxi Tond's price. Additionally, you may evaluate how the addition of Shanxi Tond to your portfolios can decrease your overall portfolio volatility.
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