These 4 Measures Indicate That PetroChina Is Using Debt Reasonably Well - Simply Wall St
| 601857 Stock | 8.03 0.01 0.12% |
About 62% of PetroChina's investor base is looking to short. The analysis of overall sentiment of trading PetroChina Co Ltd stock suggests that many investors are alarmed at this time. The current market sentiment, together with PetroChina's historical and current headlines, can help investors time the market. In addition, many technical investors use PetroChina stock news signals to limit their universe of possible portfolio assets.
PetroChina |
These 4 Measures Indicate That PetroChina Is Using Debt Reasonably Well Simply Wall St
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PetroChina Fundamental Analysis
We analyze PetroChina's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PetroChina using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PetroChina 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
PetroChina is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
PetroChina 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 PetroChina stock to make a market-neutral strategy. Peer analysis of PetroChina could also be used in its relative valuation, which is a method of valuing PetroChina by comparing valuation metrics with similar companies.
Peers
PetroChina Related Equities
| 600307 | Gansu Jiu | 1.85 | ||||
| 002443 | Zhejiang Kingland | 1.28 | ||||
| 300261 | Aba Chemicals | 1.14 | ||||
| 601615 | Ming Yang | 0.36 | ||||
| 688391 | Hi-Trend Tech(Shanghai)Co | 0.34 | ||||
| 000683 | Inner Mongolia | 0.71 | ||||
| 300049 | Inner Mongolia | 1.86 | ||||
| 300590 | Queclink Wireless | 1.99 | ||||
| 002605 | Shanghai Yaoji | 2.76 | ||||
| 300378 | Digiwin Software | 6.21 |
Complementary Tools for PetroChina Stock analysis
When running PetroChina's price analysis, check to measure PetroChina'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 PetroChina is operating at the current time. Most of PetroChina's value examination focuses on studying past and present price action to predict the probability of PetroChina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetroChina's price. Additionally, you may evaluate how the addition of PetroChina to your portfolios can decrease your overall portfolio volatility.
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