Piper Sandler Skechers is a nimble operator with near-term headwinds
| SNWIX Fund | USD 60.71 3.01 4.72% |
Slightly above 61% of Snow Capital's investor base is looking to short. The analysis of overall sentiment of trading Snow Capital Small mutual fund suggests that many investors are alarmed at this time. Snow Capital's investing sentiment can be driven by a variety of factors including economic data, Snow Capital's earnings reports, geopolitical events, and overall market trends.
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A Piper Sandler analyst assumed coverage of Skechers with a Neutral rating and price target of 65 per share on Tuesday, highlighting the companys strengths in global reach and product innovation but cautioning about near-term challenges. The analyst described Skechers as a nimble operator with impressive breadth as the worlds third-largest footwear brand but noted risks related to China, inventory levels, and pricing pressures. Skechers has done a great job driving demand by extending use cases and pulsing innovation, Piper Sandler states, citing the success of higher Average Selling Price Comfort Technologies like Arch Fit and Slip-Ins.
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Snow Capital Fundamental Analysis
We analyze Snow Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Snow Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Snow Capital based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
Total Asset
Total Asset Comparative Analysis
Snow Capital is currently under evaluation in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Snow Capital Small 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 Snow Capital mutual fund to make a market-neutral strategy. Peer analysis of Snow Capital could also be used in its relative valuation, which is a method of valuing Snow Capital by comparing valuation metrics with similar companies.
Peers
Snow Capital Related Equities
| SNOIX | Snow Capital | 0.49 | ||||
| TDVFX | Towle Deep | 3.35 | ||||
| HUSEX | Huber Capital | 3.78 | ||||
| WSCVX | Walthausen Small | 3.83 |
Other Information on Investing in Snow Mutual Fund
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