Sendas Distribuidora S.A. Q1 2024 Earnings Call Transcript
ASAIDelisted Stock | USD 4.60 0.09 2.00% |
Under 55% of Sendas Distribuidora's traders are presently thinking to get in. The analysis of current outlook of investing in Sendas Distribuidora SA suggests that some traders are interested regarding Sendas Distribuidora's prospects. Sendas Distribuidora's investing sentiment shows overall attitude of investors towards Sendas Distribuidora SA.
Sendas |
Operator Good morning everyone and thank you for waiting. Welcome to the Earnings Call for the First Quarter of 2024 Assa Atacadista.
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Sendas Distribuidora Fundamental Analysis
We analyze Sendas Distribuidora's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sendas Distribuidora using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sendas Distribuidora 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.
Current Ratio
Current Ratio Comparative Analysis
Sendas Distribuidora is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Sendas Distribuidora 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 Sendas Distribuidora stock to make a market-neutral strategy. Peer analysis of Sendas Distribuidora could also be used in its relative valuation, which is a method of valuing Sendas Distribuidora by comparing valuation metrics with similar companies.
Peers
Sendas Distribuidora Related Equities
SFM | Sprouts Farmers | 1.18 | ||||
KKOYY | Kesko Oyj | 1.16 | ||||
VLGEA | Village Super | 0.67 | ||||
IMKTA | Ingles Markets | 0.32 | ||||
TSCDY | Tesco PLC | 0.40 | ||||
NGVC | Natural Grocers | 1.60 | ||||
TSCDF | Tesco PLC | 2.02 | ||||
ACI | Albertsons Companies | 3.23 | ||||
OCDGF | Ocado Group | 4.70 | ||||
GO | Grocery Outlet | 5.01 | ||||
WMK | Weis Markets | 5.21 |
Check out Trending Equities 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 nation. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Sendas Stock
If you are still planning to invest in Sendas Distribuidora 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 Sendas Distribuidora's history and understand the potential risks before investing.
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