Cathay General Bancorp Receives Consensus Recommendation of Hold from Brokerages - Defense World
| 2882B Stock | TWD 59.90 0.10 0.17% |
Slightly above 55% of Cathay Financial's investor base is interested to short. The analysis of current outlook of investing in Cathay Financial Holding suggests that many traders are impartial regarding Cathay Financial's prospects. Cathay Financial's investing sentiment can be driven by a variety of factors including economic data, Cathay Financial's earnings reports, geopolitical events, and overall market trends.
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Cathay General Bancorp Receives Consensus Recommendation of Hold from Brokerages Defense World
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Cathay Financial Fundamental Analysis
We analyze Cathay Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay Financial 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
Cathay Financial is currently under evaluation 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.
Cathay Financial Holding 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 Cathay Financial stock to make a market-neutral strategy. Peer analysis of Cathay Financial could also be used in its relative valuation, which is a method of valuing Cathay Financial by comparing valuation metrics with similar companies.
Peers
Cathay Financial Related Equities
| 5604 | Chung Lien | 0.71 | ||||
| 1213 | Oceanic Beverages | 0.41 | ||||
| 2812 | Taichung Commercial | 0.27 | ||||
| 2886 | Mega Financial | 0.50 | ||||
| 6752 | Galaxy Software | 0.84 | ||||
| 5871 | Chailease Holding | 1.22 | ||||
| 6768 | Sports Gear | 2.79 |
Additional Tools for Cathay Stock Analysis
When running Cathay Financial's price analysis, check to measure Cathay Financial'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 Cathay Financial is operating at the current time. Most of Cathay Financial's value examination focuses on studying past and present price action to predict the probability of Cathay Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Financial's price. Additionally, you may evaluate how the addition of Cathay Financial to your portfolios can decrease your overall portfolio volatility.