Steamships Trading (Australia) Today
| SST Stock | 16.60 0.10 0.61% |
Performance24 of 100
| Odds Of DistressLess than 9
|
Steamships Trading is selling for under 16.60 as of the 30th of April 2024; that is 0.61 percent up since the beginning of the trading day. The stock's last reported lowest price was 16.6. Steamships Trading has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Steamships Trading are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Capital Goods | Category Industrials |
Steamships Trading is entity of Australia. It is traded as Stock on AU exchange. The company has 31.01 M outstanding shares. More on Steamships Trading
Moving together with Steamships Stock
| 0.68 | CDD | Cardno | PairCorr |
| 0.68 | FAR | FAR | PairCorr |
Moving against Steamships Stock
| 0.77 | PBH | Pointsbet Holdings | PairCorr |
| 0.51 | PRX | Prodigy Gold NL | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Steamships Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Steamships Trading's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Steamships Trading or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Investing (View all Themes) | ||||
| Business Concentration | Industrial Conglomerates, Integrated Freight & Logistics, Industrials, Investing, Industrials, Industrial Conglomerates, Integrated Freight & Logistics, Industrials (View all Sectors) | ||||
Steamships Trading's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Steamships Trading's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Steamships Trading's financial leverage. It provides some insight into what part of Steamships Trading's total assets is financed by creditors.
| |||||
Steamships Trading (SST) is traded on Australian Securities Exchange in Australia and employs 3,010 people. Steamships Trading is listed under Industrial Conglomerates category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 514.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Steamships Trading's market, we take the total number of its shares issued and multiply it by Steamships Trading's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Steamships Trading operates under Industrial Conglomerates sector and is part of Industrials industry. The entity has 31.01 M outstanding shares.
Steamships Trading has accumulated about 53.44 M in cash with 44.53 M of positive cash flow from operations.
Check Steamships Trading Probability Of Bankruptcy
Ownership AllocationSteamships Trading shows a total of 31.01 Million outstanding shares. Steamships Trading has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 72.77 % of Steamships Trading outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many 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.
Check Steamships Ownership Details
Steamships Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Steamships Trading jumping above the current price in 90 days from now is near 1%. The Steamships Trading probability density function shows the probability of Steamships Trading stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Steamships Trading has a beta of -0.0251. This usually implies as returns on the benchmark increase, returns on holding Steamships Trading are expected to decrease at a much lower rate. During a bear market, however, Steamships Trading is likely to outperform the market. Additionally, steamships Trading has an alpha of 0.4499, implying that it can generate a 0.45 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Steamships Trading to move above the current price in 90 days from now is near 1 (This Steamships Trading probability density function shows the probability of Steamships Stock to fall within a particular range of prices over 90 days) .
Steamships Trading Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Steamships Trading market risk premium is the additional return an investor will receive from holding Steamships Trading long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Steamships Trading. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Steamships Trading's alpha and beta are two of the key measurements used to evaluate Steamships Trading's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8167 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.01 | |||
| Risk Adjusted Performance | 0.2128 |
Steamships Stock Against Markets
Picking the right benchmark for Steamships Trading stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Steamships Trading stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Steamships Trading is critical whether you are bullish or bearish towards Steamships Trading at a given time. Please also check how Steamships Trading's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Steamships Trading without increasing your portfolio risk or giving up the 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.Did you try this?
Run Odds Of Bankruptcy Now
Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
How to buy Steamships Stock?
Before investing in Steamships Trading, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Steamships Trading. To buy Steamships Trading stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Steamships Trading. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Steamships Trading stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Steamships Trading stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Steamships Trading stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Steamships Trading, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Steamships Trading?
The danger of trading Steamships Trading is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Steamships Trading is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Steamships Trading. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Steamships Trading is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steamships Trading. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Steamships Stock analysis
When running Steamships Trading's price analysis, check to measure Steamships Trading'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 Steamships Trading is operating at the current time. Most of Steamships Trading's value examination focuses on studying past and present price action to predict the probability of Steamships Trading's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steamships Trading's price. Additionally, you may evaluate how the addition of Steamships Trading to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |