Big Movers on D-St What should investors do with Vedanta, UCO Bank and HDFC Bank - The Economic Times
| UCOBANK Stock | 44.48 0.48 1.07% |
About 61% of UCO Bank's investor base is looking to short. The analysis of overall sentiment of trading UCO Bank stock suggests that many investors are alarmed at this time. UCO Bank's investing sentiment shows overall attitude of investors towards UCO Bank.
UCO |
Big Movers on D-St What should investors do with Vedanta, UCO Bank and HDFC Bank The Economic Times
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UCO Bank Fundamental Analysis
We analyze UCO Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of UCO Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of UCO Bank 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.
Beta
Beta Comparative Analysis
UCO Bank is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
UCO 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 UCO Bank stock to make a market-neutral strategy. Peer analysis of UCO Bank could also be used in its relative valuation, which is a method of valuing UCO Bank by comparing valuation metrics with similar companies.
Peers
UCO Bank Related Equities
| ONGC | Oil Natural | 1.78 | ||||
| RELIANCE | Reliance Industries | 1.68 | ||||
| SBIN | State Bank | 0.01 |
Other Information on Investing in UCO Stock
UCO Bank financial ratios help investors to determine whether UCO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in UCO with respect to the benefits of owning UCO Bank security.