Promate ElectronicLtd stock performs better than its underlying earnings growth over last five years - Simply Wall St
| 6189 Stock | TWD 80.00 1.00 1.23% |
Slightly above 62% of Promate Electronic's investor base is looking to short. The analysis of current outlook of investing in Promate Electronic Co suggests that many traders are alarmed regarding Promate Electronic's prospects. Promate Electronic's investing sentiment can be driven by a variety of factors including economic data, Promate Electronic's earnings reports, geopolitical events, and overall market trends.
Promate Electronic stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Promate daily returns and investor perception about the current price of Promate Electronic Co as well as its diversification or hedging effects on your existing portfolios.
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Promate ElectronicLtd stock performs better than its underlying earnings growth over last five years Simply Wall St
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Promate Electronic Fundamental Analysis
We analyze Promate Electronic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Promate Electronic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Promate Electronic 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
Promate Electronic 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..
Promate Electronic 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 Promate Electronic stock to make a market-neutral strategy. Peer analysis of Promate Electronic could also be used in its relative valuation, which is a method of valuing Promate Electronic by comparing valuation metrics with similar companies.
Peers
Promate Electronic Related Equities
| 6281 | E Life | 0.12 |
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| 5434 | Topco Scientific | 0.34 |
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| 3010 | Wah Lee | 0.80 |
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| 6192 | Lumax International | 0.91 |
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| 3702 | WPG Holdings | 2.94 |
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Additional Tools for Promate Stock Analysis
When running Promate Electronic's price analysis, check to measure Promate Electronic'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 Promate Electronic is operating at the current time. Most of Promate Electronic's value examination focuses on studying past and present price action to predict the probability of Promate Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promate Electronic's price. Additionally, you may evaluate how the addition of Promate Electronic to your portfolios can decrease your overall portfolio volatility.