Singapore Airlines Stock Target Price
| SIA1 Stock | 4.63 0.06 1.31% |
SINGAPORE AIRLINES fundamentals help investors to digest information that contributes to SINGAPORE AIRLINES's financial success or failures. It also enables traders to predict the movement of SINGAPORE Stock. The fundamental analysis module provides a way to measure SINGAPORE AIRLINES's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SINGAPORE AIRLINES stock.
SINGAPORE |
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SINGAPORE Fundamentals
| Current Valuation | 9.86 B | |||
| Price To Book | 0.70 X | |||
| Price To Sales | 1.22 X | |||
| Revenue | 7.61 B | |||
| Gross Profit | 4.3 B | |||
| EBITDA | 1.29 B | |||
| Net Income | (962 M) | |||
| Total Debt | 11.41 B | |||
| Cash Flow From Operations | 3.04 B | |||
| Market Capitalization | 9.47 B | |||
| Total Asset | 48.67 B | |||
| Annual Yield | 0.08 % | |||
| Net Asset | 48.67 B |
About SINGAPORE AIRLINES Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SINGAPORE AIRLINES's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SINGAPORE AIRLINES using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SINGAPORE AIRLINES 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.
Please read more on our fundamental analysis page.
Pair Trading with SINGAPORE AIRLINES
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SINGAPORE AIRLINES position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SINGAPORE AIRLINES will appreciate offsetting losses from the drop in the long position's value.Moving together with SINGAPORE Stock
| 0.87 | APC | Apple Inc | PairCorr |
| 0.88 | APC | Apple Inc | PairCorr |
| 0.89 | APC | Apple Inc | PairCorr |
| 0.88 | APC | Apple Inc | PairCorr |
Moving against SINGAPORE Stock
The ability to find closely correlated positions to SINGAPORE AIRLINES could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SINGAPORE AIRLINES when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SINGAPORE AIRLINES - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SINGAPORE AIRLINES to buy it.
The correlation of SINGAPORE AIRLINES is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SINGAPORE AIRLINES moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SINGAPORE AIRLINES moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SINGAPORE AIRLINES can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SINGAPORE Stock Analysis
When running SINGAPORE AIRLINES's price analysis, check to measure SINGAPORE AIRLINES'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 SINGAPORE AIRLINES is operating at the current time. Most of SINGAPORE AIRLINES's value examination focuses on studying past and present price action to predict the probability of SINGAPORE AIRLINES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SINGAPORE AIRLINES's price. Additionally, you may evaluate how the addition of SINGAPORE AIRLINES to your portfolios can decrease your overall portfolio volatility.