LS Starrett exotic insider transaction detected
SCXDelisted Stock | USD 12.50 0.94 8.13% |
Slightly above 55% of LS Starrett's investors are presently thinking to get in. The analysis of current outlook of investing in LS Starrett suggests that some traders are interested regarding LS Starrett's prospects. LS Starrett's investing sentiment can be driven by a variety of factors including economic data, LS Starrett's earnings reports, geopolitical events, and overall market trends.
SCX |
Filed transaction by Starrett L S Co director. Unconventional Insider trading
Read at macroaxis.com
LS Starrett Fundamental Analysis
We analyze LS Starrett's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LS Starrett using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LS Starrett 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.
Beta
Beta Comparative Analysis
LS Starrett is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
LS Starrett 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 LS Starrett stock to make a market-neutral strategy. Peer analysis of LS Starrett could also be used in its relative valuation, which is a method of valuing LS Starrett by comparing valuation metrics with similar companies.
Peers
LS Starrett Related Equities
EML | Eastern | 0.72 | ||||
HLMN | Hillman Solutions | 0.52 | ||||
SKFRY | AB SKF | 0.05 | ||||
KMT | Kennametal | 1.25 | ||||
LECO | Lincoln Electric | 1.43 | ||||
TKR | Timken | 2.13 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in SCX Stock
If you are still planning to invest in LS Starrett check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the LS Starrett's history and understand the potential risks before investing.
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