Vedanta shares up 1.46 percent as Nifty gains - The Economic Times
VEDL Stock | 522.00 7.65 1.49% |
Slightly above 54% of Vedanta's private investors are presently thinking to get in. The current sentiment regarding investing in Vedanta Limited stock implies that some traders are interested. Vedanta's investing sentiment can be driven by a variety of factors including economic data, Vedanta's earnings reports, geopolitical events, and overall market trends.
Vedanta stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Vedanta daily returns and investor perception about the current price of Vedanta Limited as well as its diversification or hedging effects on your existing portfolios.
Vedanta |
Vedanta shares up 1.46 percent as Nifty gains The Economic Times
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Vedanta Fundamental Analysis
We analyze Vedanta's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vedanta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vedanta 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.
Return On Asset
Return On Asset Comparative Analysis
Vedanta is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Vedanta Limited 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 Vedanta stock to make a market-neutral strategy. Peer analysis of Vedanta could also be used in its relative valuation, which is a method of valuing Vedanta by comparing valuation metrics with similar companies.
Peers
Vedanta Related Equities
SAIL | Steel Authority | 1.82 | ||||
EMBASSY-RR | Embassy Office | 0.1 | ||||
NMDC | NMDC | 0.15 | ||||
GNFC | Gujarat Narmada | 0.98 | ||||
JTLIND | JTL Industries | 1.57 | ||||
INDIAGLYCO | India Glycols | 1.66 | ||||
IMFA | Indian Metals | 2.50 | ||||
GUJALKALI | Gujarat Alkalies | 2.88 | ||||
MAITHANALL | Maithan Alloys | 4.58 |
Additional Tools for Vedanta Stock Analysis
When running Vedanta's price analysis, check to measure Vedanta'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 Vedanta is operating at the current time. Most of Vedanta's value examination focuses on studying past and present price action to predict the probability of Vedanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vedanta's price. Additionally, you may evaluate how the addition of Vedanta to your portfolios can decrease your overall portfolio volatility.