SM ENERGY REPORTS THIRD QUARTER 2024 RESULTS HIGHLIGHTING EXCELLENT OPERATIONAL EXECUTION THAT DELIVERED INCREASED OIL PRODUCTION ON LOWER CAPITAL - PR Newswire
| 0KZA Stock | 45.09 0.19 0.42% |
Slightly above 54% of SM Energy's investor base is interested to short. The analysis of overall sentiment of trading SM Energy Co stock suggests that many investors are impartial at this time. SM Energy's investing sentiment can be driven by a variety of factors including economic data, SM Energy's earnings reports, geopolitical events, and overall market trends.
SM Energy stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of 0KZA daily returns and investor perception about the current price of SM Energy Co as well as its diversification or hedging effects on your existing portfolios.
0KZA |
SM ENERGY REPORTS THIRD QUARTER 2024 RESULTS HIGHLIGHTING EXCELLENT OPERATIONAL EXECUTION THAT DELIVERED INCREASED OIL PRODUCTION ON LOWER CAPITAL PR Newswire
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SM Energy Fundamental Analysis
We analyze SM Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SM Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SM Energy 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
SM Energy 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.
SM Energy 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 SM Energy stock to make a market-neutral strategy. Peer analysis of SM Energy could also be used in its relative valuation, which is a method of valuing SM Energy by comparing valuation metrics with similar companies.
Peers
SM Energy Related Equities
| BKS | Beeks Trading | 1.12 | ||||
| LIV | Livermore Investments | 0.67 | ||||
| LWI | Lowland Investment | 0.60 | ||||
| LIO | Liontrust Asset | 0.57 | ||||
| SSON | Smithson Investment | 0.40 | ||||
| IAG | International Consolidated | 0.08 | ||||
| FCIT | FC Investment | 0.18 | ||||
| ZEG | Zegona Communications | 1.14 |
Additional Tools for 0KZA Stock Analysis
When running SM Energy's price analysis, check to measure SM Energy's 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 SM Energy is operating at the current time. Most of SM Energy's value examination focuses on studying past and present price action to predict the probability of SM Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SM Energy's price. Additionally, you may evaluate how the addition of SM Energy to your portfolios can decrease your overall portfolio volatility.