Citi insights Bluescope Steel, Mirvac, Xero performance analysis - Investing.com Australia
| BLSFY Stock | USD 68.54 3.98 5.49% |
Slightly above 62% of BlueScope Steel's investor base is looking to short. The analysis of overall sentiment of trading BlueScope Steel Ltd pink sheet suggests that many investors are alarmed at this time. BlueScope Steel's investing sentiment can be driven by a variety of factors including economic data, BlueScope Steel's earnings reports, geopolitical events, and overall market trends.
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Citi insights Bluescope Steel, Mirvac, Xero performance analysis Investing.com Australia
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BlueScope Steel Fundamental Analysis
We analyze BlueScope Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlueScope Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlueScope Steel 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.
Price To Earning
Price To Earning Comparative Analysis
BlueScope Steel is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
BlueScope Steel 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 BlueScope Steel pink sheet to make a market-neutral strategy. Peer analysis of BlueScope Steel could also be used in its relative valuation, which is a method of valuing BlueScope Steel by comparing valuation metrics with similar companies.
Peers
BlueScope Steel Related Equities
| SIM | Grupo Simec | 4.35 | ||||
| ASTL | Algoma Steel | 0.94 | ||||
| KIROY | Kumba Iron | 0.32 | ||||
| TX | Ternium SA | 0.21 | ||||
| ACNT | Synalloy | 0.37 | ||||
| ANIOY | Acerinox | 0.99 | ||||
| ASTLW | Algoma Steel | 1.06 | ||||
| APEMY | Aperam PK | 1.89 | ||||
| AMSYF | ArcelorMittal | 2.11 | ||||
| SZGPY | Salzgitter | 2.21 |
Additional Tools for BlueScope Pink Sheet Analysis
When running BlueScope Steel's price analysis, check to measure BlueScope Steel'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 BlueScope Steel is operating at the current time. Most of BlueScope Steel's value examination focuses on studying past and present price action to predict the probability of BlueScope Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlueScope Steel's price. Additionally, you may evaluate how the addition of BlueScope Steel to your portfolios can decrease your overall portfolio volatility.