SalMar ASA Expands with AS Knutshaugfisk Acquisition - TipRanks
| SALM Stock | NOK 420.40 0.40 0.1% |
About 62% of SalMar ASA's investor base is looking to short. The analysis of current outlook of investing in SalMar ASA suggests that many traders are alarmed regarding SalMar ASA's prospects. SalMar ASA's investing sentiment shows overall attitude of investors towards SalMar ASA.
SalMar ASA stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of SalMar daily returns and investor perception about the current price of SalMar ASA as well as its diversification or hedging effects on your existing portfolios.
SalMar |
SalMar ASA Expands with AS Knutshaugfisk Acquisition TipRanks
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SalMar ASA Fundamental Analysis
We analyze SalMar ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SalMar ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SalMar ASA 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
SalMar ASA 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.
SalMar ASA 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 SalMar ASA stock to make a market-neutral strategy. Peer analysis of SalMar ASA could also be used in its relative valuation, which is a method of valuing SalMar ASA by comparing valuation metrics with similar companies.
Peers
SalMar ASA Related Equities
| BAKKA | Pf Bakkafrost | 1.30 | ||||
| AUSS | Austevoll Seafood | 0.84 | ||||
| GSF | Grieg Seafood | 0.94 | ||||
| MOWI | Mowi ASA | 1.24 | ||||
| LSG | Lery Seafood | 1.40 |
Other Information on Investing in SalMar Stock
SalMar ASA financial ratios help investors to determine whether SalMar Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SalMar with respect to the benefits of owning SalMar ASA security.