UK Proposes Ditching Premium Listings to Boost Londons Appeal - Bloomberg
| 0LAI Stock | 52.34 0.00 0.00% |
Slightly above 56% of Summit Materials' investor base is looking to short. The analysis of overall sentiment of trading Summit Materials Cl stock suggests that many investors are alarmed at this time. Summit Materials' investing sentiment can be driven by a variety of factors including economic data, Summit Materials' earnings reports, geopolitical events, and overall market trends.
Summit Materials stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Summit daily returns and investor perception about the current price of Summit Materials Cl as well as its diversification or hedging effects on your existing portfolios.
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UK Proposes Ditching Premium Listings to Boost Londons Appeal Bloomberg
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Summit Materials Fundamental Analysis
We analyze Summit Materials' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Materials 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Summit Materials is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Summit Materials 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 Summit Materials stock to make a market-neutral strategy. Peer analysis of Summit Materials could also be used in its relative valuation, which is a method of valuing Summit Materials by comparing valuation metrics with similar companies.
Peers
Summit Materials Related Equities
| BBB | Bigblu Broadband | 1.82 | ||||
| 0Q1S | Verizon Communications | 0.70 | ||||
| AEO | Aeorema Communications | 1.08 | ||||
| 0QT5 | Gaztransport | 1.58 | ||||
| TRN | Trainline Plc | 3.16 | ||||
| 0LCV | Taiwan Semiconductor | 3.44 |
Additional Tools for Summit Stock Analysis
When running Summit Materials' price analysis, check to measure Summit Materials' 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 Summit Materials is operating at the current time. Most of Summit Materials' value examination focuses on studying past and present price action to predict the probability of Summit Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Materials' price. Additionally, you may evaluate how the addition of Summit Materials to your portfolios can decrease your overall portfolio volatility.