Sina Story

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:3em;'>SIN</div>
SINA -- USA Stock  

USD 42.98  0.23  0.54%

As many rational traders are trying to avoid communication services space, it makes sense to go over Sina Corporation a little further and understand how it stands against Regal Entertainment and other similar entities. We are going to analyze some of the competitive aspects of both Sina and Regal.
Published over three weeks ago
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Our viewpoint on Sina (NASDAQ:SINA) and Regal Entertainment (NYS:RGC)?
By analyzing existing basic indicators between Sina and Regal, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Regal with a short position in Sina. Check out our pair correlation module for more information.

Let's begin by analyzing the assets. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Sina has an asset utilization ratio of 48.14 percent. This suggests that the company is making $0.48 for each dollar of assets. An increasing asset utilization means that Sina Corporation is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Sina or Regal is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

How important is Sina's Liquidity

Sina financial leverage refers to using borrowed capital as a funding source to finance Sina Corporation ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Sina financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Sina's total debt and its cash.

Correlation Between Sina and Regal Entertainment

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Sina together with similar or unrelated positions with a negative correlation. For example, you can also add Regal Entertainment to your portfolio. If Regal Entertainment is not perfectly correlated to Sina it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Sina for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down. Please check pair correlation details between SINA and RGC for more information.

Sale by Yan Wang of 1807 shares of Sina

Legal trades by Sina insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Sina insider trading alert for sale of ordinary shares by Yan Wang, the corporate stakeholder, on 3rd of September 2020. This event was filed by Sina Corp with SEC on 2006-11-17. Statement of changes in beneficial ownership - SEC Form 4. Yan Wang currently serves as founder and independent director of Sina [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Sina has 63% chance to stay above $43 in the coming weeks

Skewness is down to 2.82. It may suggest a possible volatility slip. Sina Corporation exhibits relatively low volatility with skewness of 2.82 and kurtosis of 16.93. However, we advice investors to further investigate Sina Corporation to ensure all market statistics is disseminated and is consistent with investors' estimations about Sina upside potential.

Whereas other companies in the internet content & information industry are either recovering or due for a correction, Sina may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the current economy, it is better to hold off any trading of Sina as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Sina.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Sina Corporation. Please refer to our Terms of Use for any information regarding our disclosure principles.

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