SNMRY OTC Stock Performance

SNMRY -  USA Stock  

USD 11.58  0.05  0.43%

The entity has a beta of 0.1103, which indicates not very significant fluctuations relative to the market. Let's try to break down what SNMRY's beta means in this case. As returns on the market increase, Snam Rete returns are expected to increase less than the market. However, during the bear market, the loss on holding Snam Rete will be expected to be smaller as well. Even though it is essential to pay attention to Snam Rete Gas current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Snam Rete Gas exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Snam Rete Gas has an expected return of -0.007%. Please be advised to validate Snam Rete total risk alpha, as well as the relationship between the downside variance and daily balance of power to decide if Snam Rete Gas performance from the past will be repeated at some point in the near future.

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 SNMRY Performance
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Over the last 90 days Snam Rete Gas has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Snam Rete is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more

SNMRY Price Channel

Quick Ratio0.30
Fifty Two Week Low9.55
Payout Ratio72.33%
Fifty Two Week High12.68
Trailing Annual Dividend Yield2.13%

Snam Rete Relative Risk vs. Return Landscape

If you would invest  1,188  in Snam Rete Gas on June 24, 2021 and sell it today you would lose (15.00)  from holding Snam Rete Gas or give up 1.26% of portfolio value over 90 days. Snam Rete Gas is currently producing negative expected returns and takes up 1.6402% volatility of returns over 90 trading days. Put another way, 14% of traded otc stocks are less volatile than SNMRY, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Snam Rete is expected to under-perform the market. In addition to that, the company is 2.43 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.01 per unit of volatility.

Snam Rete Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Snam Rete's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Snam Rete Gas, and traders can use it to determine the average amount a Snam Rete's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0043

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Negative ReturnsSNMRY
Estimated Market Risk
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 14 %
of total potential
Expected Return
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 0 %
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Risk-Adjusted Return
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Based on monthly moving average Snam Rete is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Snam Rete by adding it to a well-diversified portfolio.

About Snam Rete Performance

To evaluate Snam Rete Gas OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Snam Rete generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SNMRY OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Snam Rete Gas stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents SNMRY's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Snam S.p.A., together with its subsidiaries, engages in the creation and integrated management of natural gas infrastructure in Italy. Snam S.p.A. was founded in 1941 and is headquartered in San Donato Milanese, Italy. Snam Rete operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 3357 people.

Things to note about Snam Rete Gas

Checking the ongoing alerts about Snam Rete for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Snam Rete Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Snam Rete Alerts

Equity Alerts and Improvement Suggestions

Snam Rete Gas generates negative expected return over the last 90 days
The company has accumulated 15.77 B in total debt with debt to equity ratio (D/E) of 2.28, implying the company greatly relies on financing operations through barrowing. Snam Rete Gas has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Additionally, take a look at World Market Map. Note that the Snam Rete Gas information on this page should be used as a complementary analysis to other Snam Rete'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for SNMRY OTC Stock analysis

When running Snam Rete Gas price analysis, check to measure Snam Rete'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 Snam Rete is operating at the current time. Most of Snam Rete's value examination focuses on studying past and present price action to predict the probability of Snam Rete's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Snam Rete's price. Additionally, you may evaluate how the addition of Snam Rete to your portfolios can decrease your overall portfolio volatility.
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The market value of Snam Rete Gas is measured differently than its book value, which is the value of SNMRY that is recorded on the company's balance sheet. Investors also form their own opinion of Snam Rete's value that differs from its market value or its book value, called intrinsic value, which is Snam Rete'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 Snam Rete's market value can be influenced by many factors that don't directly affect Snam Rete Gas underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snam Rete's value and its price as these two are different measures arrived at by different means. Investors typically determine Snam Rete value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snam Rete'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.