Hon Hai Precision Industry Second Quarter 2024 Earnings Beats Expectations - Simply Wall St

HNHPF Stock  USD 11.18  0.35  3.04%   
Roughly 61% of Hon Hai's investor base is looking to short. The analysis of overall sentiment of trading Hon Hai Precision pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Hon Hai's historical and current headlines, can help investors time the market. In addition, many technical investors use Hon Hai Precision stock news signals to limit their universe of possible portfolio assets.
Hon Hai pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Hon daily returns and investor perception about the current price of Hon Hai Precision as well as its diversification or hedging effects on your existing portfolios.
  
Hon Hai Precision Industry Second Quarter 2024 Earnings Beats Expectations Simply Wall St

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Hon Hai Fundamental Analysis

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

Cash Flow From Operations

Cash Flow From Operations Comparative Analysis

Hon Hai is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Hon Hai Precision 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 Hon Hai pink sheet to make a market-neutral strategy. Peer analysis of Hon Hai could also be used in its relative valuation, which is a method of valuing Hon Hai by comparing valuation metrics with similar companies.

Peers

Hon Hai Related Equities

KULRKULR Technology   21.19   
0%
94.0%
KOPNKopin   8.26   
0%
36.0%
AAIRFAmerican Aires   7.69   
0%
34.0%
NEONNeonode   3.78   
0%
16.0%
VICRVicor   3.68   
0%
16.0%
OUSTOuster   3.30   
0%
14.0%
SANMSanmina   0.22   
0%
1.0%
GLWCorning Incorporated   0.06   
0%
1.0%
APELYAlps Electric   0.05   
0%
1.0%
ASAAFAT S   0.00   
0%
0%
JBLJabil Circuit   0.10   
1.0%
0%
CLSCelestica   0.19   
1.0%
0%
PLXSPlexus Corp   0.43   
1.0%
0%
FNFabrinet   4.13   
18.0%
0%
WBXWallbox NV   5.88   
26.0%
0%
BMNRBitmine Immersion   22.41   
100.0%
0%

Complementary Tools for Hon Pink Sheet analysis

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