Primax Electronics Returns Have Hit A Wall - Simply Wall St
4915 Stock | TWD 80.30 0.40 0.50% |
Slightly above 54% of Primax Electronics' investor base is interested to short. The analysis of current outlook of investing in Primax Electronics suggests that many traders are impartial regarding Primax Electronics' prospects. Primax Electronics' investing sentiment can be driven by a variety of factors including economic data, Primax Electronics' earnings reports, geopolitical events, and overall market trends.
Primax Electronics stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Primax daily returns and investor perception about the current price of Primax Electronics as well as its diversification or hedging effects on your existing portfolios.
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Primax Electronics Returns Have Hit A Wall Simply Wall St
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Primax Electronics Fundamental Analysis
We analyze Primax Electronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primax Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primax Electronics 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.
Price To Earning
Price To Earning Comparative Analysis
Primax Electronics is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Primax Electronics 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 Primax Electronics stock to make a market-neutral strategy. Peer analysis of Primax Electronics could also be used in its relative valuation, which is a method of valuing Primax Electronics by comparing valuation metrics with similar companies.
Peers
Primax Electronics Related Equities
3665 | BizLink Holding | 8.32 | ||||
6176 | Radiant Opto | 0.52 | ||||
2439 | Merry Electronics | 0.47 | ||||
6239 | Powertech Technology | 0.41 | ||||
6269 | Flexium Interconnect | 1.19 |
Additional Tools for Primax Stock Analysis
When running Primax Electronics' price analysis, check to measure Primax Electronics' 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 Primax Electronics is operating at the current time. Most of Primax Electronics' value examination focuses on studying past and present price action to predict the probability of Primax Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primax Electronics' price. Additionally, you may evaluate how the addition of Primax Electronics to your portfolios can decrease your overall portfolio volatility.