Tamilnad Mercantile Bank share price Today Live Updates Tamilnad Mercantile Bank stock plummets in trading today - MintGenie

TMB Stock   501.35  4.35  0.88%   
About 50% of Tamilnad Mercantile's shareholders are presently thinking to get in. The analysis of overall sentiment of trading Tamilnad Mercantile Bank stock suggests that some investors are interested at this time. The current market sentiment, together with Tamilnad Mercantile's historical and current headlines, can help investors time the market. In addition, many technical investors use Tamilnad Mercantile Bank stock news signals to limit their universe of possible portfolio assets.
Tamilnad Mercantile stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Tamilnad daily returns and investor perception about the current price of Tamilnad Mercantile Bank as well as its diversification or hedging effects on your existing portfolios.
  
Tamilnad Mercantile Bank share price Today Live Updates Tamilnad Mercantile Bank stock plummets in trading today MintGenie

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Tamilnad Mercantile Fundamental Analysis

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

Tamilnad Mercantile 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.

Tamilnad Mercantile Bank 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 Tamilnad Mercantile stock to make a market-neutral strategy. Peer analysis of Tamilnad Mercantile could also be used in its relative valuation, which is a method of valuing Tamilnad Mercantile by comparing valuation metrics with similar companies.

Peers

Tamilnad Mercantile Related Equities

BFINVESTBF Investment   1.52   
0%
70.0%
IOCIndian Oil   0.91   
0%
42.0%
ALKALIAlkali Metals   0.87   
0%
40.0%
YESBANKYes Bank   0.51   
0%
23.0%
KNRCONKNR Constructions   1.00   
46.0%
0%
FINOPBFino Payments   1.17   
54.0%
0%
MANGCHEFERMangalore Chemicals   1.61   
74.0%
0%
KINGFAKingfa Science   1.76   
81.0%
0%
INDOBORAXIndo Borax   2.01   
93.0%
0%
KREBSBIOKrebs Biochemicals   2.15   
100.0%
0%

Complementary Tools for Tamilnad Stock analysis

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