SAIPEM Beta

SAPMF -  USA Stock  

USD 2.05  0.00  0.00%

SAIPEM SPA fundamentals help investors to digest information that contributes to SAIPEM SPA's financial success or failures. It also enables traders to predict the movement of SAIPEM OTC Stock. This fundamental analysis module provides a way for investors to measures SAIPEM SPA's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SAIPEM SPA otc stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SAIPEM Beta 

 
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SAIPEM Beta Analysis

SAIPEM SPA's 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 will be 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.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current SAIPEM SPA Beta

    
  1.67  
Most of SAIPEM SPA's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SAIPEM SPA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Compare to competition

In accordance with the recently published financial statements, SAIPEM SPA has a Beta of 1.67. This indicator is about the same for the Energy average (which is currently at 1.7) sector and 7.73% lower than that of the Oil & Gas Equipment & Services industry. The beta for all United States stocks is notably lower than that of the firm.

SAIPEM Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SAIPEM SPA's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of SAIPEM SPA could also be used in its relative valuation, which is a method of valuing SAIPEM SPA by comparing valuation metrics of similar companies.
SAIPEM SPA is currently under evaluation in beta category among related companies.
Let's try to break down what SAIPEM's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SAIPEM SPA will likely underperform.

SAIPEM Fundamentals

About SAIPEM SPA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SAIPEM SPA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SAIPEM SPA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SAIPEM SPA 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.
Please read more on our fundamental analysis page.
Saipem SpA engages in the engineering, procurement, and construction of projects in the energy and infrastructure sectors worldwide. The company also operates 9 fabrication yards and a sea fleet of 44 vessels and onshore drilling fleet comprised 85 units. SAIPEM SPA operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 32000 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SAIPEM SPA without increasing your portfolio risk or giving up 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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Additionally, take a look at SAIPEM SPA Piotroski F Score and SAIPEM SPA Altman Z Score analysis. Note that the SAIPEM SPA information on this page should be used as a complementary analysis to other SAIPEM 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for SAIPEM OTC Stock analysis

When running SAIPEM SPA price analysis, check to measure SAIPEM 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 SAIPEM SPA is operating at the current time. Most of SAIPEM SPA's value examination focuses on studying past and present price action to predict the probability of SAIPEM SPA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SAIPEM SPA's price. Additionally, you may evaluate how the addition of SAIPEM SPA to your portfolios can decrease your overall portfolio volatility.
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Is SAIPEM SPA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SAIPEM SPA. If investors know SAIPEM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SAIPEM SPA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SAIPEM SPA is measured differently than its book value, which is the value of SAIPEM that is recorded on the company's balance sheet. Investors also form their own opinion of SAIPEM SPA's value that differs from its market value or its book value, called intrinsic value, which is SAIPEM SPA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SAIPEM SPA's market value can be influenced by many factors that don't directly affect SAIPEM SPA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SAIPEM SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine SAIPEM SPA value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SAIPEM 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.