Raj Rayon Industries Limited Shares May Have Slumped 25 percent But Getting In Cheap Is Still Unlikely - Simply Wall St
| RAJRILTD | 24.01 0.46 1.88% |
Slightly above 62% of Raj Rayon's investor base is looking to short. The analysis of overall sentiment of trading Raj Rayon Industries stock suggests that many investors are alarmed at this time. Raj Rayon's investing sentiment can be driven by a variety of factors including economic data, Raj Rayon's earnings reports, geopolitical events, and overall market trends.
Raj |
Raj Rayon Industries Limited Shares May Have Slumped 25 percent But Getting In Cheap Is Still Unlikely Simply Wall St
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Raj Rayon Fundamental Analysis
We analyze Raj Rayon's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Raj Rayon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Raj Rayon 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Raj Rayon is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Raj Rayon Industries 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 Raj Rayon stock to make a market-neutral strategy. Peer analysis of Raj Rayon could also be used in its relative valuation, which is a method of valuing Raj Rayon by comparing valuation metrics with similar companies.
Peers
Raj Rayon Related Equities
| BLUECOAST | Blue Coast | 4.96 | ||||
| SAMHI | Samhi Hotels | 3.03 | ||||
| EIHAHOTELS | EIH Associated | 2.27 | ||||
| RAINBOW | Rainbow Childrens | 0.71 | ||||
| CHAMBLFERT | Chambal Fertilizers | 0.41 | ||||
| SANGINITA | Sanginita Chemicals | 0.63 | ||||
| SINCLAIR | SINCLAIRS HOTELS | 1.28 | ||||
| ZUARI | Zuari Agro | 1.92 |
Additional Tools for Raj Stock Analysis
When running Raj Rayon's price analysis, check to measure Raj Rayon'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 Raj Rayon is operating at the current time. Most of Raj Rayon's value examination focuses on studying past and present price action to predict the probability of Raj Rayon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raj Rayon's price. Additionally, you may evaluate how the addition of Raj Rayon to your portfolios can decrease your overall portfolio volatility.