Should You Be Adding Guangdong Hongda Holdings Group To Your Watchlist Today - Simply Wall St
| GGDVY Stock | USD 36.18 1.31 3.76% |
Slightly above 57% of all Guangdong Investment's investors are looking to take a long position. The analysis of overall sentiment of trading Guangdong Investment pink sheet suggests that some investors are interested at this time. Guangdong Investment's investing sentiment can be driven by a variety of factors including economic data, Guangdong Investment's earnings reports, geopolitical events, and overall market trends.
Guangdong |
Should You Be Adding Guangdong Hongda Holdings Group To Your Watchlist Today Simply Wall St
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Guangdong Investment Fundamental Analysis
We analyze Guangdong Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Guangdong Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Guangdong Investment 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
Guangdong Investment 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.
Guangdong Investment 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 Guangdong Investment pink sheet to make a market-neutral strategy. Peer analysis of Guangdong Investment could also be used in its relative valuation, which is a method of valuing Guangdong Investment by comparing valuation metrics with similar companies.
Peers
Guangdong Investment Related Equities
| YORW | York Water | 0.23 | ||||
| CWT | California Water | 0.12 | ||||
| AWR | American States | 0.05 | ||||
| MSEX | Middlesex Water | 0.22 | ||||
| AWK | American Water | 0.74 |
Additional Tools for Guangdong Pink Sheet Analysis
When running Guangdong Investment's price analysis, check to measure Guangdong Investment'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 Guangdong Investment is operating at the current time. Most of Guangdong Investment's value examination focuses on studying past and present price action to predict the probability of Guangdong Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Investment's price. Additionally, you may evaluate how the addition of Guangdong Investment to your portfolios can decrease your overall portfolio volatility.