RWC Asset Management LLP Cuts Stock Holdings in The Scotts Miracle-Gro Company - MarketBeat
SCQA Stock | EUR 71.14 0.10 0.14% |
Roughly 56% of Scotts Miracle-Gro's investor base is looking to short. The analysis of current outlook of investing in The Scotts Miracle Gro suggests that many traders are alarmed regarding Scotts Miracle-Gro's prospects. The current market sentiment, together with Scotts Miracle-Gro's historical and current headlines, can help investors time the market. In addition, many technical investors use Scotts Miracle-Gro stock news signals to limit their universe of possible portfolio assets.
Scotts Miracle-Gro stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Scotts daily returns and investor perception about the current price of The Scotts Miracle Gro as well as its diversification or hedging effects on your existing portfolios.
Scotts |
RWC Asset Management LLP Cuts Stock Holdings in The Scotts Miracle-Gro Company MarketBeat
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Scotts Miracle-Gro Fundamental Analysis
We analyze Scotts Miracle-Gro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Scotts Miracle-Gro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Scotts Miracle-Gro 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
Scotts Miracle 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.
Scotts Miracle-Gro 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 Scotts Miracle-Gro stock to make a market-neutral strategy. Peer analysis of Scotts Miracle-Gro could also be used in its relative valuation, which is a method of valuing Scotts Miracle-Gro by comparing valuation metrics with similar companies.
Peers
Scotts Miracle-Gro Related Equities
MGK | MAGIC SOFTWARE | 9.09 | ||||
762 | PKSHA TECHNOLOGY | 6.56 | ||||
MGK | Magic Software | 5.45 | ||||
MCP | Microchip Technology | 2.13 | ||||
HAM | Harmony Gold | 0.59 | ||||
CYB | CyberArk Software | 0.20 | ||||
VHY | Vishay Intertechnology | 0.27 | ||||
OSP2 | USU Software | 2.21 |
Complementary Tools for Scotts Stock analysis
When running Scotts Miracle-Gro's price analysis, check to measure Scotts Miracle-Gro'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 Scotts Miracle-Gro is operating at the current time. Most of Scotts Miracle-Gro's value examination focuses on studying past and present price action to predict the probability of Scotts Miracle-Gro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scotts Miracle-Gro's price. Additionally, you may evaluate how the addition of Scotts Miracle-Gro to your portfolios can decrease your overall portfolio volatility.
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