Sims ASXSGM investor three-year losses grow to 28 percent as the stock sheds AU104m this past week - Simply Wall St
| SGM Stock | 11.97 0.35 2.84% |
Slightly above 61% of Sims' investor base is looking to short. The current sentiment regarding investing in Sims stock implies that many traders are alarmed. Sims' investing sentiment can be driven by a variety of factors including economic data, Sims' earnings reports, geopolitical events, and overall market trends.
Sims |
Sims ASXSGM investor three-year losses grow to 28 percent as the stock sheds AU104m this past week Simply Wall St
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Sims Fundamental Analysis
We analyze Sims' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sims using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sims 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
Sims 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.
Sims 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 Sims stock to make a market-neutral strategy. Peer analysis of Sims could also be used in its relative valuation, which is a method of valuing Sims by comparing valuation metrics with similar companies.
Peers
Sims Related Equities
| ATM | Aneka Tambang | 0.00 |
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| BSL | Bluescope Steel | 0.60 |
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| DEG | De Grey | 2.72 |
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| SFR | Sandfire Resources | 2.83 |
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| NST | Northern Star | 4.07 |
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Additional Tools for Sims Stock Analysis
When running Sims' price analysis, check to measure Sims' 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 Sims is operating at the current time. Most of Sims' value examination focuses on studying past and present price action to predict the probability of Sims' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sims' price. Additionally, you may evaluate how the addition of Sims to your portfolios can decrease your overall portfolio volatility.