China's main stock index rises for 11th straight day

Leslie Hanson
January 13, 2018

Fundamental analysts often use financial ratios to help understand company information. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.

The Value Composite One (VC1) is a method that investors use to determine a company's value. The MF Rank of Greenland Hong Kong Holdings Limited (SEHK:337) is 4511. The RSI oscillates on a scale from 0 to 100. A lower price to book ratio indicates that the stock might be undervalued.

Reuters calculations showed that the total non-tradable market capitalisation of 152 Hong Kong-listed Chinese companies stood at about 2.6 trillion Hong Kong dollars, which amounts to only 8 percent of the total market capitalisation of Hong Kong-listed companies. The Aristotle Capital Management Llc holds 9.54M shares with $191.30M value, up from 9.35M last quarter.

Another useful indicator to assist in detmining rank is the ERP5 Rank. The objective of the Q.i. The more stable the company, the lower the score. The more stable the company, the lower the score.

The top gainer with a security that increased in price during today's trading was China Unicom (Hong Kong) Limited (NYSE:CHU). After a recent check, the 14-day RSIfor China Mobile [Hong Kong] Ltd (CHL) is now at 47.97, the 7-day stands at 47.12, and the 3-day is sitting at 47.79. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. The name now has a score of 31.00000.

Free Cash Flow Growth (FCF Growth) is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year's free cash flow. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement.

The Hang Seng finished slightly higher on Thursday as gains from the insurance companies were capped by weakness from the oil companies and casinos. A single point is assigned to each test that a stock passes.

China's main stock index rises for 11th straight day
China's main stock index rises for 11th straight day

Hong Kong stocks typically rally around the Lunar New Year, which begins on February 16 this year, Clarke said, suggesting that a slight correction could follow that run up. In Friday's trading, Country Garden slipped 0.7%, Mengniu Dairy added 0.8% and HKEx climbed 2.4%.

Stock volatility is a percentage that indicates whether a stock is a desirable purchase. This may include studying the balance sheet, profit and loss statements, and the overall competency of company management. The VC1 of Hong Kong Aircraft Engineering Company Limited (SEHK:44) is 20.

The Price Index is a ratio that indicates the return of a share price over a past period.

So far this year, the Shanghai stock index is up 3.57 percent, while China's H-share index is up 5.0 percent. It also reduced Amgen Inc (NASDAQ:AMGN) stake by 5,068 shares and now owns 1.52M shares.

The Return on Invested Capital (aka ROIC) for Greenland Hong Kong Holdings Limited (SEHK:337) is 0.093127.

Other large investors also recently made changes to their positions in the company. The ratio is calculated by dividing the stock price per share by the book value per share. With the existing current ratio, China Unicom (Hong Kong) Limited is more than equipped to confront its liabilities with its assets. The Return on Assets for Xinyi Glass Holdings Limited (SEHK:868) is 0.149343. This is calculated by dividing the five year average ROIC by the Standard Deviation of the 5 year ROIC. The ROIC Quality of Greenland Hong Kong Holdings Limited (SEHK:337) is 0.644164. The ROIC 5 year average of Greenland Hong Kong Holdings Limited (SEHK:337) is 0.027308.


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