Scorpio Tankers Inc Trading 3.05 percent Higher on Dec 3
STNG Stock | USD 50.17 1.60 3.09% |
Roughly 54% of Scorpio Tankers' investor base is interested to short. The current sentiment of investing in Scorpio Tankers suggests that many traders are impartial. The current market sentiment, together with Scorpio Tankers' historical and current headlines, can help investors time the market. In addition, many technical investors use Scorpio Tankers stock news signals to limit their universe of possible portfolio assets.
Scorpio |
Shares of Scorpio Tankers Inc surged 3.05 percent in mid-day trading on Dec 3. The stock reached an intraday high of 52.22, before settling at 51.72, up f
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Scorpio Tankers Current Investor Sentiment
Panic Vs Confidence
46
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Scorpio Tankers' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Scorpio Tankers.
News SentimentBullish | Hype SentimentBearish | Insider SentimentWaiting |
Scorpio Tankers Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Scorpio Tankers can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Scorpio Tankers Historical Investor Sentiment
Investor biases related to Scorpio Tankers' public news can be used to forecast risks associated with an investment in Scorpio. The trend in average sentiment can be used to explain how an investor holding Scorpio can time the market purely based on public headlines and social activities around Scorpio Tankers. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Scorpio Tankers' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Scorpio Tankers and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Scorpio Tankers news discussions. The higher the estimate score, the more favorable the investor's outlook on Scorpio Tankers.
Scorpio Tankers Fundamental Analysis
We analyze Scorpio Tankers' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Scorpio Tankers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Scorpio Tankers 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.
Return On Equity
Return On Equity Comparative Analysis
Scorpio Tankers is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Scorpio Tankers 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 Scorpio Tankers stock to make a market-neutral strategy. Peer analysis of Scorpio Tankers could also be used in its relative valuation, which is a method of valuing Scorpio Tankers by comparing valuation metrics with similar companies.
Peers
Scorpio Tankers Related Equities
DTM | DT Midstream | 0.87 |
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EPD | Enterprise Products | 1.35 |
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HESM | Hess Midstream | 1.38 |
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ET | Energy Transfer | 1.45 |
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ENLC | EnLink Midstream | 1.74 |
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PAGP | Plains GP | 1.81 |
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Complementary Tools for Scorpio Stock analysis
When running Scorpio Tankers' price analysis, check to measure Scorpio Tankers' 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 Scorpio Tankers is operating at the current time. Most of Scorpio Tankers' value examination focuses on studying past and present price action to predict the probability of Scorpio Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scorpio Tankers' price. Additionally, you may evaluate how the addition of Scorpio Tankers to your portfolios can decrease your overall portfolio volatility.
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