Australia Plastics Market Size to Reach US 8.8 Billion by 2030, Driven by Growing Demand for Packaging and Construction Solutions By RationalStat - Yahoo Finance
SPIC Stock | 74.08 2.23 2.92% |
Slightly above 62% of Southern Petrochemicals' investor base is looking to short. The analysis of overall sentiment of trading Southern Petrochemicals Industries stock suggests that many investors are alarmed at this time. Southern Petrochemicals' investing sentiment can be driven by a variety of factors including economic data, Southern Petrochemicals' earnings reports, geopolitical events, and overall market trends.
Southern Petrochemicals stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Southern daily returns and investor perception about the current price of Southern Petrochemicals Industries as well as its diversification or hedging effects on your existing portfolios.
Southern |
Australia Plastics Market Size to Reach US 8.8 Billion by 2030, Driven by Growing Demand for Packaging and Construction Solutions By RationalStat Yahoo Finance
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Southern Petrochemicals Fundamental Analysis
We analyze Southern Petrochemicals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Southern Petrochemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Southern Petrochemicals 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 Book
Price To Book Comparative Analysis
Southern Petrochemicals is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Southern Petrochemicals 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 Southern Petrochemicals stock to make a market-neutral strategy. Peer analysis of Southern Petrochemicals could also be used in its relative valuation, which is a method of valuing Southern Petrochemicals by comparing valuation metrics with similar companies.
Peers
Southern Petrochemicals Related Equities
NMDC | NMDC | 0.45 |
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VENUSPIPES | Venus Pipes | 0.61 |
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JTLIND | JTL Industries | 1.51 |
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SAIL | Steel Authority | 2.36 |
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GUJALKALI | Gujarat Alkalies | 2.65 |
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GNFC | Gujarat Narmada | 2.70 |
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INDIAGLYCO | India Glycols | 3.31 |
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IMFA | Indian Metals | 4.75 |
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EMBASSY-RR | Embassy Office | 5.18 |
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Additional Tools for Southern Stock Analysis
When running Southern Petrochemicals' price analysis, check to measure Southern Petrochemicals' 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 Southern Petrochemicals is operating at the current time. Most of Southern Petrochemicals' value examination focuses on studying past and present price action to predict the probability of Southern Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Petrochemicals' price. Additionally, you may evaluate how the addition of Southern Petrochemicals to your portfolios can decrease your overall portfolio volatility.