SNM Gobal Current Valuation vs. Beta
| SNMN Stock | USD 0.0001 0.00 0.00% |
For SNM Gobal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SNM Gobal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SNM Gobal Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SNM Gobal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SNM Gobal Holdings over time as well as its relative position and ranking within its peers.
SNM |
SNM Gobal Holdings Beta vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SNM Gobal's current stock value. Our valuation model uses many indicators to compare SNM Gobal value to that of its competitors to determine the firm's financial worth. SNM Gobal Holdings is currently regarded number one company in current valuation category among its peers. It also is currently regarded as top stock in beta category among its peers . The ratio of Current Valuation to Beta for SNM Gobal Holdings is about 24,080,512 . Comparative valuation analysis is a catch-all model that can be used if you cannot value SNM Gobal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SNM Gobal's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.SNM Current Valuation vs. Competition
SNM Gobal Holdings is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Entertainment industry is at this time estimated at about 1.03 Trillion. SNM Gobal adds roughly 51.2 Million in current valuation claiming only tiny portion of equities under Entertainment industry.
SNM Beta vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
SNM Gobal |
| = | 51.2 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
SNM Gobal |
| = | 2.13 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
SNM Beta Comparison
SNM Gobal is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SNM Gobal will likely underperform.
SNM Gobal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SNM Gobal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SNM Gobal will eventually generate negative long term returns. The profitability progress is the general direction of SNM Gobal's change in net profit over the period of time. It can combine multiple indicators of SNM Gobal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
SNM Global Holdings, Inc., together with its subsidiaries, provides international south Asian media, entertainment, and marketing services with operations in the areas of publication, broadcast television, radio, Internet, film, television production, events, advertising, and marketing. The company was founded in 2000 and is based in Miami, Florida with additional offices in Edison, New Jersey Santa Clara, California Toronto, Canada Mumbai and Delhi, India and Chicago, Illinois. SNM GLOBAL operates under Entertainment classification in the United States and is traded on OTC Exchange. It employs 1 people.
SNM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SNM Gobal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SNM Gobal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SNM Gobal's important profitability drivers and their relationship over time.
Use SNM Gobal in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SNM Gobal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SNM Gobal will appreciate offsetting losses from the drop in the long position's value.SNM Gobal Pair Trading
SNM Gobal Holdings Pair Trading Analysis
The ability to find closely correlated positions to SNM Gobal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SNM Gobal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SNM Gobal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SNM Gobal Holdings to buy it.
The correlation of SNM Gobal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SNM Gobal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SNM Gobal Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SNM Gobal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your SNM Gobal position
In addition to having SNM Gobal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Transportation Thematic Idea Now
Transportation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Transportation Theme or any other thematic opportunities.
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Other Information on Investing in SNM Pink Sheet
To fully project SNM Gobal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SNM Gobal Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include SNM Gobal's income statement, its balance sheet, and the statement of cash flows.