Bullish Spirit Technology Solutions Insiders Loaded Up On AU22.3m Of Stock - Simply Wall St
| ST1 Stock | 0.55 0.01 1.79% |
Slightly above 62% of Spirit Telecom's investor base is looking to short. The analysis of overall sentiment of trading Spirit Telecom stock suggests that many investors are alarmed at this time. Spirit Telecom's investing sentiment can be driven by a variety of factors including economic data, Spirit Telecom's earnings reports, geopolitical events, and overall market trends.
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Bullish Spirit Technology Solutions Insiders Loaded Up On AU22.3m Of Stock Simply Wall St
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Spirit Telecom Fundamental Analysis
We analyze Spirit Telecom's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spirit Telecom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spirit Telecom 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
Spirit Telecom 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.
Spirit Telecom 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 Spirit Telecom stock to make a market-neutral strategy. Peer analysis of Spirit Telecom could also be used in its relative valuation, which is a method of valuing Spirit Telecom by comparing valuation metrics with similar companies.
Peers
Spirit Telecom Related Equities
| ONE | Oneview Healthcare | 3.57 | ||||
| HPI | Hotel Property | 0.27 | ||||
| PAI | Platinum Asia | 0.97 | ||||
| PRU | Perseus Mining | 1.77 | ||||
| RPL | Regal Funds | 1.86 | ||||
| GLH | Global Health | 6.67 |
Additional Tools for Spirit Stock Analysis
When running Spirit Telecom's price analysis, check to measure Spirit Telecom'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 Spirit Telecom is operating at the current time. Most of Spirit Telecom's value examination focuses on studying past and present price action to predict the probability of Spirit Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Telecom's price. Additionally, you may evaluate how the addition of Spirit Telecom to your portfolios can decrease your overall portfolio volatility.