Summit Midstream Partners Buy Hold or Sell Recommendation

Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Summit Midstream Partners is 'Not Rated'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Summit Midstream Partners given historical horizon and risk tolerance towards Summit Midstream. When Macroaxis issues a 'buy' or 'sell' recommendation for Summit Midstream Partners, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
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 bureau of economic analysis.
Note, we conduct extensive research on individual companies such as Summit and provide practical buy, sell, or hold advice based on investors' constraints. Summit Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Execute Summit Midstream Buy or Sell Advice

The Summit recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Summit Midstream Partners. Macroaxis does not own or have any residual interests in Summit Midstream Partners or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Summit Midstream's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Summit MidstreamBuy Summit Midstream
Not Rated
For the selected time horizon Summit Midstream Partners has a Risk Adjusted Performance of 0.1163, Jensen Alpha of 0.4095, Total Risk Alpha of (0.06), Sortino Ratio of 0.193 and Treynor Ratio of 1.17
We provide advice to complement the current expert consensus on Summit Midstream. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Summit Midstream Partners is not overpriced, please validate all Summit Midstream fundamentals, including its book value per share, retained earnings, and the relationship between the cash and equivalents and target price . As Summit Midstream Partners appears to be a penny stock we also recommend to double-check its price to earning numbers.

Summit Midstream Trading Alerts and Improvement Suggestions

Summit Midstream is now traded under the symbol SMC. Please update your portfolios or report it if you believe this is an error. Report It!
Summit Midstream is not yet fully synchronised with the market data
Summit Midstream has some characteristics of a very speculative penny stock
Summit Midstream has a very high chance of going through financial distress in the upcoming years
Summit Midstream Partners currently holds 1.48 B in liabilities with Debt to Equity (D/E) ratio of 1.35, which is about average as compared to similar companies. Summit Midstream Partners has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Summit Midstream's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 458.9 M. Net Loss for the year was (38.95 M) with profit before overhead, payroll, taxes, and interest of 209.55 M.
About 13.0% of Summit Midstream outstanding shares are owned by corporate insiders

Summit Midstream Returns Distribution Density

The distribution of Summit Midstream's historical returns is an attempt to chart the uncertainty of Summit Midstream's future price movements. The chart of the probability distribution of Summit Midstream daily returns describes the distribution of returns around its average expected value. We use Summit Midstream Partners price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Summit Midstream returns is essential to provide solid investment advice for Summit Midstream.
Mean Return
0.47
Value At Risk
-2.69
Potential Upside
4.65
Standard Deviation
3.29
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Summit Midstream historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Note: Acquisition by J Deneke of 25000 shares of Summit Midstream subject to Rule 16b-3 [view details]

About Summit Midstream Buy or Sell Advice

When is the right time to buy or sell Summit Midstream Partners? Buying financial instruments such as Summit Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Summit Midstream in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Construction Materials
Construction Materials Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Materials Theme or any other thematic opportunities.
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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 bureau of economic analysis.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Consideration for investing in Summit Stock

If you are still planning to invest in Summit Midstream Partners 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 Summit Midstream's history and understand the potential risks before investing.
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