Summit Resources (Australia) Buy Hold or Sell Recommendation
| SMM Stock | 0 0 33.33% |
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Summit Resources Limited is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Summit Resources Limited given historical horizon and risk tolerance towards Summit Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Summit Resources Limited, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Summit Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Summit and provide practical buy, sell, or hold advice based on investors' constraints. Summit Resources Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Summit |
Execute Summit Resources 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 Resources Limited. Macroaxis does not own or have any residual interests in Summit Resources Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Summit Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Summit Resources Trading Alerts and Improvement Suggestions
| Summit Resources generated a negative expected return over the last 90 days | |
| Summit Resources has high historical volatility and very poor performance | |
| Summit Resources has some characteristics of a very speculative penny stock | |
| Summit Resources has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 7.09 K. Net Loss for the year was (19.99 M) with profit before overhead, payroll, taxes, and interest of 0. |
Summit Resources Returns Distribution Density
The distribution of Summit Resources' historical returns is an attempt to chart the uncertainty of Summit Resources' future price movements. The chart of the probability distribution of Summit Resources daily returns describes the distribution of returns around its average expected value. We use Summit Resources Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Summit Resources returns is essential to provide solid investment advice for Summit Resources.
| Mean Return | 0.17 | Value At Risk | -20 | Potential Upside | 25.00 | Standard Deviation | 11.20 |
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 Resources 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.
Summit Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Summit Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Summit Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Summit stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | -0.88 | |
σ | Overall volatility | 11.43 | |
Ir | Information ratio | 0 |
Summit Resources Volatility Alert
Summit Resources Limited is showing large volatility of returns over the selected time horizon. Summit Resources Limited is a penny stock. Even though Summit Resources may be a good instrument to invest, many penny stocks are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Summit Resources Limited or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Summit instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Summit Resources Fundamentals Vs Peers
Comparing Summit Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Summit Resources' direct or indirect competition across all of the common fundamentals between Summit Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Summit Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Summit Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Summit Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Summit Resources to competition |
| Fundamentals | Summit Resources | Peer Average |
| Return On Equity | -3.0 | -0.31 |
| Return On Asset | -1.01 | -0.14 |
| Current Valuation | 1.99 M | 16.62 B |
| Shares Outstanding | 1.03 B | 571.82 M |
| Shares Owned By Insiders | 7.10 % | 10.09 % |
| Price To Book | 0.22 X | 9.51 X |
| Price To Sales | 436.43 X | 11.42 X |
| Revenue | 7.09 K | 9.43 B |
| EBITDA | (1.67 M) | 3.9 B |
| Net Income | (19.99 M) | 570.98 M |
| Total Debt | 5.5 M | 5.32 B |
| Book Value Per Share | (0) X | 1.93 K |
| Earnings Per Share | (0.04) X | 3.12 X |
| Beta | 1.23 | -0.15 |
| Market Capitalization | 3.09 M | 19.03 B |
| Total Asset | 4.01 M | 29.47 B |
| Retained Earnings | (34.51 M) | 9.33 B |
| Working Capital | 900.18 K | 1.48 B |
| Net Asset | 4.01 M |
Summit Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Summit . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.67 | |||
| Day Median Price | 0.002 | |||
| Day Typical Price | 0.002 | |||
| Price Action Indicator | (0.0005) | |||
| Period Momentum Indicator | (0) |
About Summit Resources Buy or Sell Advice
When is the right time to buy or sell Summit Resources Limited? 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 Resources 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.Did You Try This Idea?
Run Small & Mid Caps ETFs Thematic Idea Now
Small & Mid Caps ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small & Mid Caps ETFs theme has 19 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 Small & Mid Caps ETFs Theme or any other thematic opportunities.
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Additional Tools for Summit Stock Analysis
When running Summit Resources' price analysis, check to measure Summit Resources' 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 Resources is operating at the current time. Most of Summit Resources' value examination focuses on studying past and present price action to predict the probability of Summit Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Resources' price. Additionally, you may evaluate how the addition of Summit Resources to your portfolios can decrease your overall portfolio volatility.