Indian Metals Ferro Alloys - These 4 commodities stocks hit fresh 52-week highs, rallied up to 49 percent in a month - The Economic Times
| BODALCHEM | 69.31 0.12 0.17% |
Under 61% of Bodal Chemicals' investor base is looking to short. The analysis of overall sentiment of trading Bodal Chemicals Limited stock suggests that many investors are alarmed at this time. Bodal Chemicals' investing sentiment shows overall attitude of investors towards Bodal Chemicals Limited.
Bodal |
Indian Metals Ferro Alloys - These 4 commodities stocks hit fresh 52-week highs, rallied up to 49 percent in a month The Economic Times
Read at news.google.com
 |
Bodal Chemicals Fundamental Analysis
We analyze Bodal Chemicals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bodal Chemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bodal 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.
Beta
Beta Comparative Analysis
Bodal Chemicals is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Bodal 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 Bodal Chemicals stock to make a market-neutral strategy. Peer analysis of Bodal Chemicals could also be used in its relative valuation, which is a method of valuing Bodal Chemicals by comparing valuation metrics with similar companies.
Peers
Bodal Chemicals Related Equities
| JTLIND | JTL Industries | 4.74 | ||||
| EMBASSY-RR | Embassy Office | 2.01 | ||||
| INDIAGLYCO | India Glycols | 1.15 | ||||
| GUJALKALI | Gujarat Alkalies | 0.92 | ||||
| GNFC | Gujarat Narmada | 0.39 | ||||
| NMDC | NMDC | 0.76 | ||||
| IMFA | Indian Metals | 0.94 | ||||
| SAIL | Steel Authority | 1.76 | ||||
| VENUSPIPES | Venus Pipes | 1.83 |
Complementary Tools for Bodal Stock analysis
When running Bodal Chemicals' price analysis, check to measure Bodal Chemicals' 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 Bodal Chemicals is operating at the current time. Most of Bodal Chemicals' value examination focuses on studying past and present price action to predict the probability of Bodal Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bodal Chemicals' price. Additionally, you may evaluate how the addition of Bodal Chemicals to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |