ORIENT TECHNOLOGIES LTD. Share Price Today Up 13 percent - Equitymaster
| ORIENTTECH | 428.10 12.00 2.88% |
Slightly above 55% of Orient Technologies' private investors are presently thinking to get in. The analysis of overall sentiment of trading Orient Technologies Limited stock suggests that some investors are interested at this time. Orient Technologies' investing sentiment can be driven by a variety of factors including economic data, Orient Technologies' earnings reports, geopolitical events, and overall market trends.
Orient |
ORIENT TECHNOLOGIES LTD. Share Price Today Up 13 Equitymaster
Read at news.google.com
 |
Orient Technologies Fundamental Analysis
We analyze Orient Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orient Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orient Technologies 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.
Price To Sales
Price To Sales Comparative Analysis
Orient Technologies is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Orient Technologies 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 Orient Technologies stock to make a market-neutral strategy. Peer analysis of Orient Technologies could also be used in its relative valuation, which is a method of valuing Orient Technologies by comparing valuation metrics with similar companies.
Peers
Orient Technologies Related Equities
| HILTON | Hilton Metal | 8.86 | ||||
| DMCC | DMCC SPECIALITY | 5.11 | ||||
| SMLT | Sarthak Metals | 4.55 | ||||
| DIAMINESQ | DIAMINES AND | 2.78 | ||||
| RATNAMANI | Ratnamani Metals | 0.75 | ||||
| MANGCHEFER | Mangalore Chemicals | 0.25 | ||||
| JBCHEPHARM | JB Chemicals | 0.07 | ||||
| TATACHEM | Tata Chemicals | 0.61 |
Additional Tools for Orient Stock Analysis
When running Orient Technologies' price analysis, check to measure Orient Technologies' 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 Orient Technologies is operating at the current time. Most of Orient Technologies' value examination focuses on studying past and present price action to predict the probability of Orient Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Technologies' price. Additionally, you may evaluate how the addition of Orient Technologies to your portfolios can decrease your overall portfolio volatility.