PETRONAS Chemicals Group Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com
| 5183 Stock | 4.98 0.11 2.16% |
About 61% of Petronas Chemicals' investor base is looking to short. The analysis of current outlook of investing in Petronas Chemicals Group suggests that many traders are alarmed regarding Petronas Chemicals' prospects. Petronas Chemicals' investing sentiment shows overall attitude of investors towards Petronas Chemicals Group.
Petronas Chemicals stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Petronas daily returns and investor perception about the current price of Petronas Chemicals Group as well as its diversification or hedging effects on your existing portfolios.
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PETRONAS Chemicals Group Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Marketscreener.com
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Petronas Chemicals Fundamental Analysis
We analyze Petronas Chemicals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Petronas Chemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Petronas Chemicals 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.
Annual Yield
Annual Yield Comparative Analysis
Petronas Chemicals is rated second in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Petronas Chemicals 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 Petronas Chemicals stock to make a market-neutral strategy. Peer analysis of Petronas Chemicals could also be used in its relative valuation, which is a method of valuing Petronas Chemicals by comparing valuation metrics with similar companies.
Peers
Petronas Chemicals Related Equities
| 5289 | Techbond Group | 2.63 | ||||
| 4758 | Ancom Berhad | 0.99 | ||||
| 5284 | Lotte Chemical | 1.49 | ||||
| 5183 | Petronas Chemicals | 2.16 |
Other Information on Investing in Petronas Stock
Petronas Chemicals financial ratios help investors to determine whether Petronas Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Petronas with respect to the benefits of owning Petronas Chemicals security.