Is Bajaj Auto Limiteds Latest Stock Performance A Reflection Of Its Financial Health - Simply Wall St

BAJAJHCARE   440.85  10.85  2.40%   
About 62% of Bajaj Healthcare's investor base is looking to short. The analysis of overall sentiment of trading Bajaj Healthcare Limited stock suggests that many investors are alarmed at this time. The current market sentiment, together with Bajaj Healthcare's historical and current headlines, can help investors time the market. In addition, many technical investors use Bajaj Healthcare stock news signals to limit their universe of possible portfolio assets.
  
Is Bajaj Auto Limiteds Latest Stock Performance A Reflection Of Its Financial Health Simply Wall St

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Bajaj Healthcare Fundamental Analysis

We analyze Bajaj Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bajaj Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bajaj Healthcare 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.

Total Asset

Total Asset Comparative Analysis

Bajaj Healthcare is currently under evaluation in total asset category among its peers. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Bajaj Healthcare 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 Bajaj Healthcare stock to make a market-neutral strategy. Peer analysis of Bajaj Healthcare could also be used in its relative valuation, which is a method of valuing Bajaj Healthcare by comparing valuation metrics with similar companies.

Peers

Bajaj Healthcare Related Equities

ARVINDArvind   2.82   
0%
51.0%
CHEMCONChemcon Speciality   1.89   
0%
34.0%
RICOAUTORico Auto   1.19   
0%
21.0%
GATECHDVRGACM Technologies   1.05   
0%
19.0%
KINGFAKingfa Science   0.60   
0%
10.0%
HEUBACHINDHeubach Colorants   0.30   
5.0%
0%
PARAGMILKParag Milk   1.79   
32.0%
0%
DELTAMAGNTDelta Manufacturing   2.03   
36.0%
0%
TBZTribhovandas Bhimji   2.60   
47.0%
0%
COSMOFIRSTCOSMO FIRST   5.49   
100.0%
0%

Complementary Tools for Bajaj Stock analysis

When running Bajaj Healthcare's price analysis, check to measure Bajaj Healthcare'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 Bajaj Healthcare is operating at the current time. Most of Bajaj Healthcare's value examination focuses on studying past and present price action to predict the probability of Bajaj Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bajaj Healthcare's price. Additionally, you may evaluate how the addition of Bajaj Healthcare to your portfolios can decrease your overall portfolio volatility.
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