Shaw Communications Inc. Sees Large Drop in Short Interest
SJRDelisted Stock | USD 30.18 0.16 0.53% |
Slightly above 53% of Shaw Communications' investor base is interested to short. The analysis of current outlook of investing in Shaw Communications Class suggests that many traders are impartial regarding Shaw Communications' prospects. Shaw Communications' investing sentiment overview a quick insight into current market opportunities from investing in Shaw Communications Class. Many technical investors use Shaw Communications Class stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Shaw |
Shaw Communications Inc. was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 3,020,000 shares, a decline of 27.4 percent from the December 31st total of 4,160,000 shares. Based on an average trading volume of 970,000 shares, the short-interest ratio
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Shaw Communications Fundamental Analysis
We analyze Shaw Communications' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shaw Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shaw Communications 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.
Beta
Beta Comparative Analysis
Shaw Communications is currently under evaluation in beta category among its peers. 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 is 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.
Shaw Communications Class Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Shaw Communications stock to make a market-neutral strategy. Peer analysis of Shaw Communications could also be used in its relative valuation, which is a method of valuing Shaw Communications by comparing valuation metrics with similar companies.
Peers
Shaw Communications Related Equities
PCCWY | PCCW | 8.91 | ||||
T | ATT | 4.58 | ||||
VIV | Telefonica Brasil | 3.17 | ||||
BCE | BCE | 1.00 | ||||
AMX | America Movil | 0.94 | ||||
TU | Telus Corp | 0.51 | ||||
TMUS | T Mobile | 0.01 | ||||
SNGNF | Singapore Telecommunicatio | 0.00 | ||||
TLKMF | Telkom Indonesia | 0.00 | ||||
RCI | Rogers Communications | 0.03 | ||||
VZ | Verizon Communications | 0.05 | ||||
VOD | Vodafone Group | 0.45 | ||||
CMCSA | Comcast Corp | 0.99 | ||||
ORAN | Orange SA | 1.45 | ||||
LUMN | Lumen Technologies | 3.58 | ||||
VODPF | Vodafone Group | 4.49 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Shaw Stock
If you are still planning to invest in Shaw Communications Class check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shaw Communications' history and understand the potential risks before investing.
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