CarTrade Tech shares hit 52-week high after strong festive sales in October - CNBCTV18
| CARTRADE | 1,330 38.30 2.97% |
About 55% of Cartrade Tech's shareholders are presently thinking to get in. The analysis of current outlook of investing in Cartrade Tech Limited suggests that some traders are interested regarding Cartrade Tech's prospects. The current market sentiment, together with Cartrade Tech's historical and current headlines, can help investors time the market. In addition, many technical investors use Cartrade Tech Limited stock news signals to limit their universe of possible portfolio assets.
Cartrade Tech stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Cartrade daily returns and investor perception about the current price of Cartrade Tech Limited as well as its diversification or hedging effects on your existing portfolios.
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CarTrade Tech shares hit 52-week high after strong festive sales in October CNBCTV18
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Cartrade Tech Fundamental Analysis
We analyze Cartrade Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cartrade Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cartrade Tech 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.
Return On Equity
Return On Equity Comparative Analysis
Cartrade Tech is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Cartrade Tech Limited 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 Cartrade Tech stock to make a market-neutral strategy. Peer analysis of Cartrade Tech could also be used in its relative valuation, which is a method of valuing Cartrade Tech by comparing valuation metrics with similar companies.
Peers
Cartrade Tech Related Equities
| EMIL | Electronics Mart | 3.71 | ||||
| ANKITMETAL | Ankit Metal | 1.74 | ||||
| LLOYDSME | LLOYDS METALS | 0.78 | ||||
| AFIL | Akme Fintrade | 0.21 | ||||
| CANTABIL | Cantabil Retail | 0.79 | ||||
| SHYAMMETL | Shyam Metalics | 1.01 | ||||
| SPENCERS | Spencers Retail | 1.16 |
Complementary Tools for Cartrade Stock analysis
When running Cartrade Tech's price analysis, check to measure Cartrade Tech'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 Cartrade Tech is operating at the current time. Most of Cartrade Tech's value examination focuses on studying past and present price action to predict the probability of Cartrade Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cartrade Tech's price. Additionally, you may evaluate how the addition of Cartrade Tech to your portfolios can decrease your overall portfolio volatility.
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