Snam Spa Adr Stock Today
| SNMRY Stock | USD 8.98 0.03 0.33% |
Performance0 of 100
| Odds Of DistressLess than 41
|
Snam SpA is trading at 8.98 as of the 18th of April 2024; that is -0.33 percent decrease since the beginning of the trading day. The stock's open price was 9.01. Snam SpA has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Snam SpA ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure in Italy. Snam S.p.A. was founded in 1941 and is headquartered in San Donato Milanese, Italy. Snam Rete operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. The company has 1.68 B outstanding shares. More on Snam SpA ADR
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Follow Valuation Odds of Bankruptcy
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Snam 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. Snam SpA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Snam SpA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO of Italgas | Luca Schieppati |
| Business Concentration | Utilities—Regulated Gas, Utilities (View all Sectors) |
Snam SpA ADR [SNMRY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 17.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Snam SpA's market, we take the total number of its shares issued and multiply it by Snam 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. Snam SpA ADR classifies itself under Utilities sector and is part of Utilities—Regulated Gas industry. The entity has 1.68 B outstanding shares.
Snam SpA ADR has accumulated about 1.87 B in cash with 1.34 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.12.
Check Snam SpA Probability Of Bankruptcy
Snam Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Snam SpA jumping above the current price in 90 days from now is under 95%. The Snam SpA ADR probability density function shows the probability of Snam SpA pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Snam SpA has a beta of 0.279. This usually implies as returns on the market go up, Snam SpA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Snam SpA ADR will be expected to be much smaller as well. Additionally, snam SpA ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Snam SpA to move above the current price in 90 days from now is under 95 (This Snam SpA ADR probability density function shows the probability of Snam Pink Sheet to fall within a particular range of prices over 90 days) .
Snam SpA ADR Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Snam SpA market risk premium is the additional return an investor will receive from holding Snam 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 Snam 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 Snam SpA's alpha and beta are two of the key measurements used to evaluate Snam SpA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9587 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.45 | |||
| Risk Adjusted Performance | (0.10) |
Snam Stock Against Markets
Picking the right benchmark for Snam 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 Snam 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 Snam SpA is critical whether you are bullish or bearish towards Snam SpA ADR at a given time. Please also check how Snam 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 Snam 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.Did you try this?
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Snam SpA Corporate Directors
Snam SpA corporate directors refer to members of a Snam SpA board of directors. The board of directors generally takes responsibility for the Snam 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 Snam SpA's board members must vote for the resolution. The Snam SpA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Pia Saraceno | Independent Director | Profile | |
| Sabrina Bruno | Independent Director | Profile | |
| Francesca Pace | Non-Executive Independent Director | Profile | |
| Elisabetta Olivieri | Independent Director | Profile |
How to buy Snam Pink Sheet?
Before investing in Snam 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 Snam SpA. To buy Snam SpA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Snam 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 Snam SpA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Snam 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 Snam 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 Snam 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 Snam SpA ADR?
The danger of trading Snam 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 Snam 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 Snam SpA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Snam 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 Snam 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 metropolitan statistical area. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Snam Pink Sheet analysis
When running Snam SpA's price analysis, check to measure Snam 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 Snam SpA is operating at the current time. Most of Snam SpA's value examination focuses on studying past and present price action to predict the probability of Snam 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 Snam SpA's price. Additionally, you may evaluate how the addition of Snam SpA to your portfolios can decrease your overall portfolio volatility.
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