Qingdao Port International Full Year 2023 Earnings Revenues Disappoint - Simply Wall St
0QP Stock | EUR 0.73 0.01 1.39% |
Roughly 55% of Qingdao Port's stockholders are presently thinking to get in. The analysis of current outlook of investing in Qingdao Port International suggests that some traders are interested regarding Qingdao Port's prospects. The current market sentiment, together with Qingdao Port's historical and current headlines, can help investors time the market. In addition, many technical investors use Qingdao Port Interna stock news signals to limit their universe of possible portfolio assets.
Qingdao Port stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Qingdao daily returns and investor perception about the current price of Qingdao Port International as well as its diversification or hedging effects on your existing portfolios.
Qingdao |
Qingdao Port International Full Year 2023 Earnings Revenues Disappoint Simply Wall St
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Qingdao Port Fundamental Analysis
We analyze Qingdao Port's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qingdao Port using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qingdao Port 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.
Beta
Beta Comparative Analysis
Qingdao Port is rated below average in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Qingdao Port Interna 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 Qingdao Port stock to make a market-neutral strategy. Peer analysis of Qingdao Port could also be used in its relative valuation, which is a method of valuing Qingdao Port by comparing valuation metrics with similar companies.
Peers
Qingdao Port Related Equities
HIFH | COSCO SHIPPING | 1.41 | ||||
0QP | Qingdao Port | 1.39 | ||||
HLAG | Hapag-Lloyd | 0.40 | ||||
NYKA | Nippon Yusen | 1.10 | ||||
ORI1 | Orient Overseas | 1.51 | ||||
CPM | China Merchants | 1.95 | ||||
C6G | COSCO SHIPPING | 3.97 |
Complementary Tools for Qingdao Stock analysis
When running Qingdao Port's price analysis, check to measure Qingdao Port'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 Qingdao Port is operating at the current time. Most of Qingdao Port's value examination focuses on studying past and present price action to predict the probability of Qingdao Port's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qingdao Port's price. Additionally, you may evaluate how the addition of Qingdao Port to your portfolios can decrease your overall portfolio volatility.
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