Shaw Communications appears to be not too volatile, given 1 month investment horizon.
Shaw Communications owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.15, which indicates the firm had 0.15% of return per unit of risk over the last month. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock specific
technical indicators that cannot be
diversified away. By inspecting
Shaw Communications technical indicators you can presently evaluate if the expected return of 0.79% is justified by implied risk. Please operate Shaw Communications Downside Deviation of 1.05,
standard deviation of 5.2, and Risk Adjusted Performance of 0.1237 to confirm if our risk estimates are consistent with your expectations.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Shaw Communications income statement, its balance sheet, and the statement of cash flows. Potential Shaw Communications investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Shaw Communications investors may use each financial statement separately, they are all related. The changes in Shaw Communications's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shaw Communications's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Shaw Communications
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Shaw Communications performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Shaw Communications shares is the value that is considered the true value of the share. If
the intrinsic value of Shaw is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Shaw Communications. Please read more on our
fundamental analysis page.
And What about dividends?
A dividend is the distribution of a portion of Shaw Communications earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Shaw Communications dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Shaw one year expected dividend income is about USD0.28 per share.
Investing in dividend-paying stocks, such as Shaw Communications Class is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Shaw Communications must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Shaw Communications. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
How important is Shaw Communications's Liquidity
Shaw Communications
financial leverage refers to using borrowed capital as a funding source to finance Shaw Communications Class ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Shaw Communications 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. Financial leverage can amplify the potential profits to Shaw Communications' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Shaw Communications' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Shaw Communications's total debt and its cash.
Scrutinizing Shaw Communications - a closer look
Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Shaw Communications is not uncomon. Many companies such as Shaw Communications have both institutions investors and insiders sharing the ownership. Retail investors typically buy and sell stocks in round lots of 100 shares or more. Other other hand institutional investors are known to buy and sell in block trades of 10,000 shares or more. Let's take a look at how the ownership of Shaw Communications is distributed among investors.
Ownership Allocation
Shaw Communications shows a total of four hundred seventy-six million two hundred fourty thousand
outstanding shares. Over half of Shaw Communications outstanding shares are owned by
institutional holders. These institutional holders are typically referred to corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these
institutions are subject to different rules and regulation than regular investors in Shaw Communications. Please watch out for any change in the
institutional holdings of Shaw Communications as this could mean something significant has changed or about to change at the company. Please note that no matter how much 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.
| Retail Investors20.64% | Insiders13.28% | Institutions66.08% |
| Retail Investors | 20.64 |
| Insiders | 13.28 |
| Institutions | 66.08 |
Will Shaw Communications continue to spike?
The coefficient of variation is down to 725.11 as of today. Shaw Communications has relatively low volatility with skewness of 7.56 and kurtosis of 59.8. However, we advise all investors to independently investigate Shaw Communications to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Shaw Communications' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Shaw Communications' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Final Perspective on Shaw Communications
While some firms under the telecom services industry are still a bit expensive, Shaw Communications may offer a potential longer-term growth to retail investors. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to exit some or all of your Shaw Communications holdings as it seems the potential growth was already fully factored into the current price. 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 Shaw Communications.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile 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 Shaw Communications Class. Please refer to our
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