Vitol Asia and Bharat Petroleum among bidders for Sri Lanka LGP terminal - ETEnergyWorld
| SGP Stock | THB 7.05 0.05 0.71% |
About 53% of Siamgas' investor base is interested to short. The analysis of current outlook of investing in Siamgas and Petrochemicals suggests that many traders are impartial regarding Siamgas' prospects. Siamgas' investing sentiment shows overall attitude of investors towards Siamgas and Petrochemicals.
Siamgas |
Vitol Asia and Bharat Petroleum among bidders for Sri Lanka LGP terminal ETEnergyWorld
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Siamgas Fundamental Analysis
We analyze Siamgas' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Siamgas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Siamgas 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Siamgas is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Siamgas and Petroche 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 Siamgas stock to make a market-neutral strategy. Peer analysis of Siamgas could also be used in its relative valuation, which is a method of valuing Siamgas by comparing valuation metrics with similar companies.
Peers
Siamgas Related Equities
| PTTEP | PTT Exploration | 1.60 |
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| PTG | PTG Energy | 1.79 |
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| IRPC | IRPC Public | 2.14 |
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| BCP | Bangchak Public | 4.07 |
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Other Information on Investing in Siamgas Stock
Siamgas financial ratios help investors to determine whether Siamgas Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Siamgas with respect to the benefits of owning Siamgas security.