Automotive Stampings Assemblies Ltds Stock Sees Significant Increase, Outperforms Sector - MarketsMojo
| ASAL Stock | 666.65 24.60 3.56% |
Slightly above 61% of Automotive Stampings' investor base is looking to short. The analysis of overall sentiment of trading Automotive Stampings and stock suggests that many investors are alarmed at this time. Automotive Stampings' investing sentiment can be driven by a variety of factors including economic data, Automotive Stampings' earnings reports, geopolitical events, and overall market trends.
Automotive Stampings stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Automotive daily returns and investor perception about the current price of Automotive Stampings and as well as its diversification or hedging effects on your existing portfolios.
Automotive |
Automotive Stampings Assemblies Ltds Stock Sees Significant Increase, Outperforms Sector MarketsMojo
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Automotive Stampings Fundamental Analysis
We analyze Automotive Stampings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Automotive Stampings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Automotive Stampings 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.
Current Valuation
Current Valuation Comparative Analysis
Automotive Stampings is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Automotive Stampings and 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 Automotive Stampings stock to make a market-neutral strategy. Peer analysis of Automotive Stampings could also be used in its relative valuation, which is a method of valuing Automotive Stampings by comparing valuation metrics with similar companies.
Peers
Automotive Stampings Related Equities
| LICI | Life Insurance | 0.37 |
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| ONGC | Oil Natural | 1.96 |
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| IOC | Indian Oil | 2.02 |
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| RELIANCE | Reliance Industries | 2.04 |
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Additional Tools for Automotive Stock Analysis
When running Automotive Stampings' price analysis, check to measure Automotive Stampings' 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 Automotive Stampings is operating at the current time. Most of Automotive Stampings' value examination focuses on studying past and present price action to predict the probability of Automotive Stampings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automotive Stampings' price. Additionally, you may evaluate how the addition of Automotive Stampings to your portfolios can decrease your overall portfolio volatility.