Saras Spa Adr Stock Today

SAAFY Stock  USD 9.04  0.00  0.00%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Saras SpA is trading at 9.04 as of the 28th of March 2024; that is No Change since the beginning of the trading day. The stock's open price was 9.04. Saras SpA has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Saras SpA ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Saras S.p.A. engages in the oil refinery business in Italy and internationally. Saras S.p.A. was founded in 1962 and is headquartered in Milan, Italy. Saras Raffinerie operates under Oil Gas Refining Marketing classification in the United States and is traded on OTC Exchange. The company has 190.2 M outstanding shares. More on Saras SpA ADR

Moving together with Saras Pink Sheet

  0.64DINO HF Sinclair Corp Sell-off TrendPairCorr
  0.7JXHGF ENEOS HoldingsPairCorr

Moving against Saras Pink Sheet

  0.82NTOIF Neste OyjPairCorr
  0.8NTOIY Neste OyjPairCorr
  0.65ZTLLF ZonetailPairCorr
Follow Valuation Odds of Bankruptcy
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Saras Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Saras SpA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Saras SpA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO of Saras Energia SpAGiampiero Spanedda
Business ConcentrationOil & Gas Refining & Marketing, Energy (View all Sectors)
Saras SpA ADR [SAAFY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Saras SpA's market, we take the total number of its shares issued and multiply it by Saras SpA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Saras SpA ADR classifies itself under Energy sector and is part of Oil & Gas Refining & Marketing industry. The entity has 190.2 M outstanding shares. Saras SpA ADR has accumulated about 608.49 M in cash with 156.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.2.
Check Saras SpA Probability Of Bankruptcy

Saras Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Saras SpA jumping above the current price in 90 days from now is about 24.01%. The Saras SpA ADR probability density function shows the probability of Saras SpA pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Saras SpA ADR has a beta of -0.6027. This usually implies as returns on benchmark increase, returns on holding Saras SpA are expected to decrease at a much lower rate. During the bear market, however, Saras SpA ADR is likely to outperform the market. Additionally, saras SpA ADR has an alpha of 0.1121, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 9.04HorizonTargetOdds Above 9.04
75.55%90 days
 9.04 
24.01%
Based on a normal probability distribution, the odds of Saras SpA to move above the current price in 90 days from now is about 24.01 (This Saras SpA ADR probability density function shows the probability of Saras Pink Sheet to fall within a particular range of prices over 90 days) .

Saras SpA ADR Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Saras SpA market risk premium is the additional return an investor will receive from holding Saras SpA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Saras SpA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Saras SpA's alpha and beta are two of the key measurements used to evaluate Saras SpA's performance over the market, the standard measures of volatility play an important role as well.

Saras Stock Against Markets

Picking the right benchmark for Saras SpA pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Saras SpA pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Saras SpA is critical whether you are bullish or bearish towards Saras SpA ADR at a given time. Please also check how Saras SpA's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Saras SpA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Saras SpA Corporate Directors

Saras SpA corporate directors refer to members of a Saras SpA board of directors. The board of directors generally takes responsibility for the Saras SpA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Saras SpA's board members must vote for the resolution. The Saras SpA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Igor SechinNon-Executive DirectorProfile
Francesca LuchiNon-Executive Independent DirectorProfile
Gilberto CalleraNon-Executive Lead Independent DirectorProfile
Leonardo SenniNon-Executive Independent DirectorProfile

How to buy Saras Pink Sheet?

Before investing in Saras SpA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Saras SpA. To buy Saras SpA stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Saras SpA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Saras SpA stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Saras SpA ADR stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Saras SpA ADR stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Saras SpA ADR, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Saras SpA ADR?

The danger of trading Saras SpA ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Saras SpA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Saras SpA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Saras SpA ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saras SpA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Saras SpA ADR information on this page should be used as a complementary analysis to other Saras SpA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Saras Pink Sheet analysis

When running Saras SpA's price analysis, check to measure Saras SpA'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 Saras SpA is operating at the current time. Most of Saras SpA's value examination focuses on studying past and present price action to predict the probability of Saras SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saras SpA's price. Additionally, you may evaluate how the addition of Saras SpA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Saras SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saras SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saras SpA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.