Industrial Display Market to Observe Highest Growth of USD 8.85 Billion with An Excellent CAGR of 6.60 percent b - Benzinga
| 2349 Stock | TWD 15.10 0.35 2.27% |
Slightly above 62% of Ritek Corp's investor base is looking to short. The analysis of current outlook of investing in Ritek Corp suggests that many traders are alarmed regarding Ritek Corp's prospects. Ritek Corp's investing sentiment can be driven by a variety of factors including economic data, Ritek Corp's earnings reports, geopolitical events, and overall market trends.
Ritek Corp stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Ritek daily returns and investor perception about the current price of Ritek Corp as well as its diversification or hedging effects on your existing portfolios.
Ritek |
Industrial Display Market to Observe Highest Growth of USD 8.85 Billion with An Excellent CAGR of 6.60 percent b Benzinga
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Ritek Corp Fundamental Analysis
We analyze Ritek Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ritek Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ritek Corp 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.
Z Score
Z Score Comparative Analysis
Ritek Corp is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Ritek Corp 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 Ritek Corp stock to make a market-neutral strategy. Peer analysis of Ritek Corp could also be used in its relative valuation, which is a method of valuing Ritek Corp by comparing valuation metrics with similar companies.
Peers
Ritek Corp Related Equities
| 2388 | VIA Technologies | 0.98 | ||||
| 2323 | CMC Magnetics | 0.45 | ||||
| 2303 | United Microelectronics | 0.80 | ||||
| 2337 | Macronix International | 1.64 | ||||
| 2344 | Winbond Electronics | 3.31 |
Additional Tools for Ritek Stock Analysis
When running Ritek Corp's price analysis, check to measure Ritek Corp'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 Ritek Corp is operating at the current time. Most of Ritek Corp's value examination focuses on studying past and present price action to predict the probability of Ritek Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ritek Corp's price. Additionally, you may evaluate how the addition of Ritek Corp to your portfolios can decrease your overall portfolio volatility.