China Yongda Automobiles Stock Filter Stocks by Fundamentals

CYYHF Stock  USD 0.33  0.00  0.00%   
China Yongda Automobiles fundamentals help investors to digest information that contributes to China Yongda's financial success or failures. It also enables traders to predict the movement of China Pink Sheet. The fundamental analysis module provides a way to measure China Yongda's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Yongda pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

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China Fundamentals

About China Yongda Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze China Yongda Automobiles's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Yongda using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Yongda Automobiles 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.
Please read more on our fundamental analysis page.
China Yongda Automobiles Services Holdings Limited, an investment holding company, operates as a passenger vehicle retailer and service provider. China Yongda Automobiles Services Holdings Limited was incorporated in 2011 and is headquartered in Shanghai, the Peoples Republic of China. China Yongda operates under Auto Truck Dealerships classification in the United States and is traded on OTC Exchange. It employs 16048 people.

Pair Trading with China Yongda

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 Yongda 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 Yongda will appreciate offsetting losses from the drop in the long position's value.

Moving against China Pink Sheet

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The ability to find closely correlated positions to China Yongda 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 Yongda 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 Yongda - 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 Yongda Automobiles to buy it.
The correlation of China Yongda 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 Yongda moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Yongda Automobiles 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 Yongda 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the China Yongda Automobiles information on this page should be used as a complementary analysis to other China Yongda'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running China Yongda's price analysis, check to measure China Yongda'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 Yongda is operating at the current time. Most of China Yongda's value examination focuses on studying past and present price action to predict the probability of China Yongda'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 Yongda's price. Additionally, you may evaluate how the addition of China Yongda to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between China Yongda's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Yongda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Yongda's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.