SSR Mining price target raised to C8 from C7 at Scotiabank - TipRanks
| SSR Stock | 11.04 0.00 0.00% |
Slightly above 53% of Ssr Mining's investor base is interested to short. The current sentiment regarding investing in Ssr Mining stock implies that many traders are impartial. Ssr Mining's investing sentiment can be driven by a variety of factors including economic data, Ssr Mining's earnings reports, geopolitical events, and overall market trends.
Ssr |
SSR Mining price target raised to C8 from C7 at Scotiabank TipRanks
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Ssr Mining Fundamental Analysis
We analyze Ssr Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ssr Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ssr Mining 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
Ssr Mining 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.
Ssr Mining 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 Ssr Mining stock to make a market-neutral strategy. Peer analysis of Ssr Mining could also be used in its relative valuation, which is a method of valuing Ssr Mining by comparing valuation metrics with similar companies.
Peers
Ssr Mining Related Equities
| SFR | Sandfire Resources | 1.06 | ||||
| ATM | Aneka Tambang | 0.00 | ||||
| EVN | Evolution Mining | 0.41 | ||||
| NST | Northern Star | 0.71 | ||||
| DEG | De Grey | 1.11 | ||||
| PRU | Perseus Mining | 1.93 |
Additional Tools for Ssr Stock Analysis
When running Ssr Mining's price analysis, check to measure Ssr Mining'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 Ssr Mining is operating at the current time. Most of Ssr Mining's value examination focuses on studying past and present price action to predict the probability of Ssr Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ssr Mining's price. Additionally, you may evaluate how the addition of Ssr Mining to your portfolios can decrease your overall portfolio volatility.