China Historical Valuation
| CGG Stock | CAD 8.02 0.06 0.74% |
Some fundamental drivers such as market cap or China Gold enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze China Gold International valuation indicators such as Working Capital of 0.0 or Enterprise Value of 2.5 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of China Gold's future value.
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About China Valuation Data Analysis
Valuation is the financial process of determining what China Gold is worth. China Gold valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. China Gold valuation ratios help investors to determine whether China 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 China with respect to the benefits of owning China Gold security.
China Gold Valuation Data Chart
China valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of China equity instrument and the benefits of owning shares of China Gold International.
As of the 25th of April 2024, Market Cap is likely to grow to about 1.8 B. Also, Enterprise Value is likely to grow to about 2.5 B Enterprise Value
Enterprise Value (or EV) is usually referred to as China Gold theoretical takeover price. In the event of an acquisition, an acquirer would have to take on China Gold International debt, but would also pocket its cash. Enterprise Value is more accurate representation of China Gold value than its market capitalization because it takes into account all of China Gold International existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China Gold's short interest history, or implied volatility extrapolated from China Gold options trading.
Pair Trading with China Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Gold will appreciate offsetting losses from the drop in the long position's value.Moving against China Stock
| 0.84 | MGRO | MustGrow Biologics Corp | PairCorr |
| 0.77 | AEMC | Alaska Energy Metals | PairCorr |
| 0.48 | BP | Backstageplay | PairCorr |
The ability to find closely correlated positions to China Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Gold International to buy it.
The correlation of China Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Gold International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Gold International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the China Gold International information on this page should be used as a complementary analysis to other China Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for China Stock analysis
When running China Gold's price analysis, check to measure China Gold'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 China Gold is operating at the current time. Most of China Gold's value examination focuses on studying past and present price action to predict the probability of China Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Gold's price. Additionally, you may evaluate how the addition of China Gold to your portfolios can decrease your overall portfolio volatility.
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