Tubos Reunidos (Spain) Today
| TRG Stock | EUR 0.64 0.01 1.54% |
Performance0 of 100
| Odds Of DistressOver 70
|
Tubos Reunidos is trading at 0.64 as of the 29th of April 2024, a -1.54% down since the beginning of the trading day. The stock's open price was 0.65. Tubos Reunidos has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Tubos Reunidos SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Tubos Reunidos, S.A. manufactures and distributes seamless steel pipes in Europe, Northamercia, the Meadle East, Africa, the Far East, Latin America, Oceania, and internationally. Tubos Reunidos, S.A. was founded in 1892 and is headquartered in Amurrio, Spain. The company has 174.08 M outstanding shares. More on Tubos Reunidos SA
Moving together with Tubos Stock
| 0.62 | TUB | Tubacex SA | PairCorr |
Moving against Tubos Stock
| 0.87 | CBAV | Clinica Baviera | PairCorr |
| 0.81 | VIS | Viscofan | PairCorr |
| 0.78 | ROVI | Laboratorios Farmaceuticos | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Tubos Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tubos Reunidos' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tubos Reunidos or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Steel, Basic Materials (View all Sectors) |
Tubos Reunidos SA (TRG) is traded on Madrid Exchange in Spain and employs 1,416 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 58.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tubos Reunidos's market, we take the total number of its shares issued and multiply it by Tubos Reunidos'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. Tubos Reunidos SA operates under Basic Materials sector and is part of Steel industry. The entity has 174.08 M outstanding shares.
Tubos Reunidos SA has accumulated about 19.98 M in cash with (37.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check Tubos Reunidos Probability Of Bankruptcy
Ownership AllocationTubos Reunidos SA shows a total of 174.08 Million outstanding shares. Tubos Reunidos SA maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tubos Ownership Details
Tubos Stock Price Odds Analysis
What are Tubos Reunidos' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Tubos Reunidos jumping above the current price in 90 days from now is about 70.0%. The Tubos Reunidos SA probability density function shows the probability of Tubos Reunidos stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Tubos Reunidos SA has a beta of -0.1789. This usually implies as returns on the benchmark increase, returns on holding Tubos Reunidos are expected to decrease at a much lower rate. During a bear market, however, Tubos Reunidos SA is likely to outperform the market. Additionally, tubos Reunidos SA 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 Tubos Reunidos to move above the current price in 90 days from now is about 70.0 (This Tubos Reunidos SA probability density function shows the probability of Tubos Stock to fall within a particular range of prices over 90 days) .
Tubos Reunidos SA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tubos Reunidos market risk premium is the additional return an investor will receive from holding Tubos Reunidos 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 Tubos Reunidos. 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 Tubos Reunidos' alpha and beta are two of the key measurements used to evaluate Tubos Reunidos' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.84 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.05 | |||
| Risk Adjusted Performance | (0.05) |
Tubos Stock Against Markets
Picking the right benchmark for Tubos Reunidos stock 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 Tubos Reunidos stock 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 Tubos Reunidos is critical whether you are bullish or bearish towards Tubos Reunidos SA at a given time. Please also check how Tubos Reunidos' 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 Tubos Reunidos 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?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Tubos Reunidos Corporate Management
Elected by the shareholders, the Tubos Reunidos' board of directors comprises two types of representatives: Tubos Reunidos inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tubos. The board's role is to monitor Tubos Reunidos' management team and ensure that shareholders' interests are well served. Tubos Reunidos' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tubos Reunidos' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ins Parte | G Sec | Profile | |
| Iigo Portugal | Sales Director | Profile | |
| Antn Palacio | Deputy Director | Profile | |
| Ignacio Lopez | Chief Officer | Profile | |
| Carlos Heras | Managing Director | Profile | |
| Pello Aboitiz | Ex Tubulares | Profile | |
| Miguel Ira | Director Planning | Profile |
How to buy Tubos Stock?
Before investing in Tubos Reunidos, 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 Tubos Reunidos. To buy Tubos Reunidos stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tubos Reunidos. 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 Tubos Reunidos stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tubos Reunidos SA 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 Tubos Reunidos SA 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 Tubos Reunidos SA, 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 Tubos Reunidos SA?
The danger of trading Tubos Reunidos SA 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 Tubos Reunidos 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 Tubos Reunidos. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tubos Reunidos SA 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 Tubos Reunidos SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Tubos Reunidos SA information on this page should be used as a complementary analysis to other Tubos Reunidos' 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Tubos Stock analysis
When running Tubos Reunidos' price analysis, check to measure Tubos Reunidos' 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 Tubos Reunidos is operating at the current time. Most of Tubos Reunidos' value examination focuses on studying past and present price action to predict the probability of Tubos Reunidos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tubos Reunidos' price. Additionally, you may evaluate how the addition of Tubos Reunidos to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |