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Fundamentalstrategy

AUDJPY Fall? And potential Stock Market correction?Potential short idea on AUDJPY Reasons for (potential) entry: - COT traders are buying JPY and selling AUD fairly aggressively - AUD cutting interest rates, JPY hiking interest rates - AUD could be under pressure due to reliance on China, who are facing economic uncertainty In the past, when COT traders have bought JPY as aggressively as this there's been a stock market correction after it. Not saying it's definitely going to happen again - but JPY is seen as a 'safe-haven' currency and it's usually bought up when investors are risk-off. Stocks have been on a crazy bull run for the last year, I wouldn't be too surprised if there was some sort of correction in it soon.
Short
by ciantrades
7
Symbotic Hypergrowth? $850 Price TargetOverview Symbotic Inc. is an A.I. and robotics automation company based in Wilmington, Massachusetts that is looking to increase the ability for companies to keep up with growing demand. To do this, they utilize artificial intelligence software to maintain records and warehouse organization with the assistance of SKU numbers. Autonomous robots then account for, store, and retrieve items in a fraction of the time that it would take a human being. Symbotic's mission is to increase supply capabilities through the symbiotic relationship of artificial intelligence and robots. Its origins trace back to 2007, before it was known as Symbotic, and the company went public in 2022 ( NASDAQ:SYM ). Call it FOMO, but I think Symbotic Inc. has the potential of becoming a hypergrowth stock. I built my own fundamentals tracker to get a pulse on the tech company's vitals and, while it still is not a profitable company, it looks like it's in the early stages of becoming so. The fundamentals for Symbotic provide me the confidence to invest despite the presence of red flags which led me to performing a deep dive. My price target for Symbotic Inc. is $850 with a projected timeline before 2030. What I Don't Like SYM has lost nearly 60% in value since July 2023 from a high of $64.15 to its current share price of $26.87. If you look up Symbotic Inc. on a search engine then you will also see that there are numerous law firms attempting to build class action lawsuits. The headlines can't help but to sow distrust by utilizing strong statements such as "misleading investors" and "inflated revenue" within their subjects. Within the last few weeks Symbotic had to file a delayed annual report due to self-identified accounting errors within their balance sheets. Also, if you dig through their filings, you will find that Symbotic Inc. was born from a deal with SVF Investment Corp which, according to the filings, was headquartered in the Cayman Islands. I can only assume that the business dealings with SVF Investment Corp were to facilitate equity financing and an expedited public launch for SYM. From my findings, SoftBank Group Corp ( TSE:9984 ) is an investment conglomerate and the parent company to multiple subsidiaries. You guessed it, it is affiliated with SVF Investment Corp which functions as a "blank check company" for SoftBank. In my limited knowledge, this translates as a way for SoftBank to inject a substantial investment into the company that is now known as Symbotic Inc. No matter how savvy they may have been to launch Symbotic Inc., business deals that originate in the Cayman Islands typically raise one's eyebrows. What I Do Like Symbotic Inc. seems to have a pretty solid vision for global expansion and has attracted some significant institutional investors such as SoftBank, Vanguard, BlackRock, and Morgan Stanley to name a few. In fact, according to the NASDAQ site, 282 institutional investors hold 82% of Symbotic Inc.'s Class A Common Stock. Symbotic Inc. was founded by Richard "Rick" Cohen who currently serves as the CEO and is a legacy to the Cohen family who founded C&S Wholesale Grocers. Symbotic's technology is used by C&S Wholesale Grocers which is one of the largest privately held companies in the United States. Symbotic and SoftBank have partnered on a separate venture known as GreenBox which is meant to deliver automated warehouses made possible by Symbotic's hardware and software. According to the company's site, GreenBox is supplying warehouses as a service to consumers. With an increase in online shopping, I believe that Symbotic is both seeing and filling a need in an industry that its founder is very familiar with. I can also envision Symbotic spreading its reach internationally which helps fuel my massive price target. Megacap stocks need to have a global influence and extend across industries, which Symbotic appears to be preparing for. Fundamentals Right now, Symbotic Inc. is in its early stages and is bringing in a negative income which makes it a risky investment. However, the company's total revenue has increased by 200% from 2022-Q4 to 2024-Q4; the gross profit has also increased by 147% in the same timeframe. Symbotic's net income has revealed consistent losses since 2022, but the 2024 annual report had the smallest loss on record at a negative $84.7M which is a 39% improvement from 2022 and a 59% improvement from 2023. No matter which way you cut it, the company is still absorbing annual losses so it will be important to keep an eye on improvements and deficiencies to identify any consistent trends. NASDAQ:SYM has 585,963,959 total outstanding shares according to the 2024 Annual Report published at the beginning of December. This is a far cry from the 106M outstanding shares reported on some financial websites and even here on TradingView. From my findings, around 100M of Symbotic's shares are Class A Common Stocks and the remaining 485M are Class V Common Stocks. My focus is on the market capitalization which is a tool that I like to use when establishing long-term price targets. For Symbotic, which has the potential for global reach and use across multiple industries, I think it's reasonable to achieve a market capitalization of $500B. Price Target With the current number of outstanding shares at a market cap of $500B, this would place Symbotic's share price at $853. This type of growth would turn a $1,000 investment today into $31,710 at the projected target price; a whopping 3,000% return. HOWEVER, a lot has to happen to make this come to fruition. One thing I would like to see, in addition to profitability, is for Symbotic to begin buying back its own stock. It's become my investing philosophy that companies who believe they are undervalued will buyback their shares while companies that believe they are overvalued will issue new shares. Symbotic's total outstanding shares have increased by 5.8% since its annual report at the end of 2022. I think that my philosophy is best tailored to established companies so it is possible that Symbotic could be an exception. Because the company is so new, it may need to issue more shares to generate enough capital to stay afloat while its roots set.
NASDAQ:SYMLong
by Shepherd_Investor
EURO FUTURES, EURUSD FUNDAMENTAL WEEKLY OUTLOOK What we have here is the fundamental outlook from the Net-positions of Big Fund Managers. Fund Managers are normally trend following. Every time there is a negative or positive divergence between the price chart and the Fund Managers Net positions, Price usually follows next forming the trend. Fund Managers net positions moves the market because they have big reportable positions to the CFTC. We are currently approaching a Daily and Weekly Supply zone which could be the cause of price falling down in the next few weeks. Also, Euro is negatively correlated to DXY, wherein we are currently in the oversold reading. ***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
CME:6E1!Short
by TradersPod
It's Meme's Galore......But is PEPE different?DOGE, SHIB, FLOKI, BONK, DOGWIFHAT, and whatever else you can come up with, but it down and there might be a coin created with that name. The meme scene has exploded, with only a few pushing into the billion market arena (FLOKI and BONK is in there). PEPE has exploded to pushing to the #28 coin, boasting a market cap around $3.4 billion. Aside from it being a famous character from around 24 years ago and riding that wave, is there anything else going on for this coin. Well one noticeable thing I researched was how it came on the scene. There wasn't any money raising or push to get in the coin. It was just there and all of a sudden started popping up. PEPE also doesn't charge any taxes. Its roadmap is simple to understand. And it has been gaining a decent amount of traction (pushing into more and more brokerages). But on its website, it says that there is no utility in the token and that it is for entertainment purposes. But look what happened to DOGE. The DOGE founder stated that it's just a meme coin, yet the coin shot up to around 0.72 in 2021. Could PEPE do this, maybe. Looking at the charts (weekly), there is a descending channel showing which, if correct, could eventually release that kinetic energy to spring price up to its all time high, and maybe higher. But there is some conflicting signals, such as the possible ascending head and shoulders pattern, and price trading in a possible range/Darvus Box at 0.0000050-0.000009 (D1). If price does break out of D1, it still has to fight not completing the second shoulder of the H/S pattern. If it does climb higher, there is still the creation of either a double top or bottom, unless price is able to go parabolic in the next couple months. There is a decent sized community like some of the other meme coins, and potentially a lot of people are HODL to see if there is 10x or more gains. Yet I see this as a play that could have some money put into it to see what happens with this token. This coin has gained a lot of ground and traction, so I am in it to see what happens. In the overall Crypto market, I think it will be going up, so with the main, alt, and meme, let's see what happens. I think PEPE will have another surge, potentially towards the end of November or in the the middle of the 1st Quarter of next year.
CRYPTO:PEPEUSDLong
by DollarSaenz
Gold 2,538$, Sept 24'. Sharp Decline follows ContinuationHello Traders. This is my analysis of Gold for the medium term. We have CPI forecasted to decrease tomorrow and IR anticipated to be cut next week. We may observe heavy volatility and opportunity in the market. CPI Consumer Prices have been decreasing /cooling all summer 24' Labor Market began strong but has progressively cooled though Summer 24' Additionally, the Labor market began relatively strong through Q1 and Q2 24' but has eased into Q3 Interest Rates have remained the same through the summer 24' and remain unchanged since Sept 23'
COMEX:GC1!Short
by ShrewdCatfx
1
BTC.........Is it Accumulation or Distribution?????Price is with a range from 72k to 58k, with price pushing lower and trading within the 66k lvl. With the FED holding rates at 5.50% and signaling that it may hold rates at current lvls for longer, it is hitting the crypto market. There is a lot of self-fulling prophecy out there about when the FED will cut rates, with some looking at the timeframe being in September. There is a FED rate decision in July which could set the stage for the September Rate Decision. Before then, the FOMC Minutes will be coming out, along with another NFP and inflation rate reading. With traders and investors wanting to see some reprieve and a stronger FED Dot Plot pointing at 2 or more rate hikes for the year, a lower printing on the NFP and inflation and a slowing economy, will give some cheer to the market and push BTC higher. But on the other side, strong economic printing and inflation stagnating and staying where it is at or rising, will likely sweep the legs of crypto and cause price to fall. The US economy (whether you believe so or not) data is showing that there is no need to start reducing rates as of yet. GDP is around 3%, unemployment isn't to bad. Wage Growth is still up there near 5%. Inflation is still above 3% and the FED is reducing its balance sheet. The technicals are showing mixed data which could keep price from finding a trajectory until a solid catalyst comes out. The daily chart is showing price is form either a cup and handle or a double top. If the cup and handle pattern is correct then some type of strong catalyst came out (likely the NFP printed a extremely weak number, inflation dropped considerably, a string of bad US economy data) and had enough force to break out of the very strong 72k resistance. If that resistance is broken with enough force to push it up to 75k pretty quickly, there isn't much to stop it. But if the double top is correct, then price will likely push to the 62k and test the 60k a few times before breaking below it. If the 58k is broken and price is able to hold at the 57k for a few days to a week, then price will likely drop further, below the 55k. Data is going to be the driving point for what price will do. If data keeps printing good and bad, then it will likely cause confusion for traders and investors and they will likely take the course of exiting. There are some prominent players out there like Michael Saylor (MicroStrategy) and other advocates of BTC (Robert Kiyosaki) that are likely to stay in and potentially keep price from tumbling greatly; but it still depends when the masses and hedge funds want to start piling in. I am thinking that if BTC does drop and hits below the 55k, there is likely to be a huge spike in buying up BTC as the self-fulling prophecy will be strong. The catalyst is likely to be when the FED will start reducing rates as eventually the economy will need some assistance. But the real question, is if the economy does push into a recession, will there be another case of QE and Stimulus pushed out (bailouts) if inflation is still around 2.5%-3%? Either way, I am still building a position on BTC even if it pushes below the 50k lvl.
COINBASE:BTCUSDLong
by DollarSaenz
#BEPL an Hidden GEM looking to Shine like a STAR #superchartzKey Levels: Support: 145 CL Resistance: 165 to 170 CL Technicals: Bhansali Engineering Polymers Ltd has a market cap of ₹ 3,768 Cr and a current price of ₹ 151, nearing its 52-week high of ₹ 164 and well above its low of ₹ 81.6. The stock trades at a P/E ratio of 20.6, slightly above the industry P/E of 19.9, indicating a relatively fair valuation. It offers a dividend yield of 2.56% and a price to book value of 4.09. The company’s EPS stands at ₹ 7.33, and it has achieved a notable 44.0% return over the past three months, though its three-year return is a modest 4.85%. The enterprise value is ₹ 3,560 Cr, with a CMP/FCF ratio of 18.0, and it maintains a Piotroski score of 7.00, suggesting a strong financial position. Fundamentals Business Overview: Bhansali Engineering Polymers Ltd manufactures and sells ABS and SAN resins, among other plastics. ABS resins contribute significantly to the company’s revenues. Revenue Breakup FY23: ABS: 92.6% SAN: 1.74% Trading Sales: 5.68% R&D Achievements: Development of 16 new grades with improved properties, and commercialization of 6 of them. Development of 125+ new color grades with 36 commercialized. JV with Nippon: 50:50 JV with Nippon A&L Inc. for expanding business in Styrenics Resins. Manufacturing Capabilities: Two facilities in Abu Road, Rajasthan, and Satnoor, MP with a total capacity of 75,000 TPA. Capacity utilization at 97% in FY23. Capacity Expansion: Plans to expand ABS and SAN capacity to 145,000 TPA by March 2026, with an approved Capex of 500 Cr delayed due to COVID-19. Financial Ratios: ROCE: 24.4% ROE: 18.1% Return on Assets: 16.2% Sales: ₹ 1,267 Cr. OPM: 17.1% Current Ratio: 7.30 Debt to Equity: 0.00 Inference: Bhansali Engineering Polymers Ltd exhibits strong technical indicators with a significant recent price increase and a healthy dividend yield. Its fundamental aspects show robust business operations, particularly in the ABS segment, supported by strategic R&D and a significant capacity expansion plan. The company's financial health is strong with high ROCE, ROE, and zero debt, indicating efficient management and potential for growth, especially with its focus on the automotive industry and support from its JV with Nippon.
NSE:BEPLLong
by SuperChartz
1
Collecting Rollover while the TRY RangesThe CBRT has raised rates from 8.5% in June 2023 to currently standing at 50%. There was a recent CBRT meeting where rates where held at 50%. There has been a roll coaster for inflation YoY which was below 20% in 2020, rose as high as 36% in 2021, pushed up to 85.50% in 2022, dropped in 2023 to around 38% at its lowest, then pushed higher to standing at 69.8% currently. It is projected that inflation will push above the 70% lvl this year and eventually cap out and start pushing lower. The Lira is being hit hard and has lost over 80% of its value over five years due to the unorthodox method the President implemented. But with this said, there are things going for the TRY, which is a nice carry trade (I'm in it to win it...corny (yeah I know)), with around an 18%-27% annualized gain (fluctuates), this could be some serious gains (and price has been ranging, so that is good). With the FED potentially go to lower rates in September and with the CBRT having rates at 50%, this could cause the TRY to either keep ranging or eventually push lower. But the CBRT might have to raise rates higher in order to fight inflation that is almost 20% higher than its interest rate. This makes the 30 lvl seem that much more plausible to be hit. Additionally, price is trading towards the 32 lvl and has attempted to trade below the 30 lvl a couple of times. So another hit to the 30 lvl support could potentially push it to my price target of around 27 (mean while I'll be able to collect some rollover). A standard lot holding this pair could bring in around $49 a day (depending on the rate for that day) which is a decent amount. The margin requirement for this pair, at least with my broker is 1:4, which means this pair is highly volatile and risky. This pair can move thousands of pips in a matter of seconds and the spreads are sometimes outrageous. But, around a 1.2 micro lot would be less than $375 in margin, each pip would be a $0.01 move, and rollover per day earned would be around $0.56 a day. The is a good chance that price will stay were it is at and push lower. The 33-35 lvl is the cap, but for price to push as high as 35, there would have to some strong catalysts to make that happen. I think this is all a self-fulling prophecy with all waiting to see when the FED will make its move. For now, the plan is to keep building in this pair, collect rollover, and wait until at least the 30 lvl is hit to make another decision on whether I want to see it play through to the 27 lvl.
Short
by DollarSaenz
5
Mexico gives a sign of lifeAfter staying over a month at the lowest levels of the year, almost 10% down for the year, but finally the market has been able to recover. But the fundamental data that has been pushing this move up is quite bizarre. Perhaps we are out of the water and I hope so as some other positions in Mexican stocks will be affected by the performance of this recovery. So far the recent move looks promising as it has clearly broken above the 25MA which will now serve as support as price attempts to climb into a higher deviation. Successfully breaking above the 200MA would place the index out of trouble for the coming time. Let's hope for the best and If the USA rides into euphoria, perhaps Mexico can ride along as well. Additional to the analysis here, I give a great visual description of what my indicators tell me and how I read them. The same is true for the short term deviation, which helps me see the finer movements of price action.
BMV:ME
by DarkMessiah777
I think it might be safe to sell soon (temporarily, at least) If we look to the left, gold would have completely reversed the move it created last week Friday for NFP. Thus gold has now gone somewhat bearish which means sellers are interested. If you look at the area circled (in purple) there would have been sellers interested at that level. Gold literally just took out that area. Any sellers who had sold around the circled area would have likely had stops above that level and now would be no more. HOWEVER, The reason I said it may be safe to sell (SOON) is because of this, the fact that price is coming back up again, if it were safe to sell, it wouldn't be coming back up to give traders a better opportunity to sell. Due to this I'd be extra careful of selling OR buying at this time.
OANDA:XAUUSDShort
by Brandon_evo4
#QTK Testing Platform Coin Set to Surge 20–30x in Bull Market!🟢QuantCheck (QTK) is a platform made for testing cryptocurrency trading strategies. It helps traders and investors improve their approaches by letting them see how their strategies would have performed in the past. Think of it like a time machine for trades. With just 120.75 million tokens available, it has the potential to grow a lot. I've been using it and find it really helpful. They recently launched their token, and I believe it could be as big as AITECH. I've invested a good amount in it because the product works well and the tokenomics look promising. Current Price: Approximately $0.7 Accumulation Zone: $0.70 to $0.75 Short-term Target (4 to 8 weeks): $2 to $5 Mid-term Targets (3 to 6 months): $5 to $12 Long-term Target: $20 to $30 What do you think about the future of QTK? Please share your technical and fundamental analysis insights in the comments below.
QLong
by CRYPTOMOJO_TA
4
Will Aston Martin return to its former glory ? LSE:AML Aston Martin shares are down around 35% since the beginning of 2024. Shares continues to decline since august 2023 what´s around another 30% (65% from august 2023 till now). Aston Martin shares don´t look fresh even from wider perspective as you can see the historic chart. Company itself has occurred in kind of transition since Lawrence Stroll became executive chairman in early 2020 with 16,7% stake in the company. Moreover he re-branded F1 team Racing Point as the Aston Martin F1 Team in 2021. He´s really into it. Briefly about Aston Martin F1 Team 🏎️: - Lawrence Stroll´s given his son every opportunity to become an F1 driver. He became a stable part of F1 - Stroll said Aston Martin sees its first victory in F1 this year - building new Aston Martin factory Company signed new CEO Adrian Hallmark as a part of transition. Former Chairman and CEO of Bentley Motors will replace Amedeo Felisa no later than 1st October 2024. Aston Martin also announced the delivery of four new models in 2024 (Vantage, upgraded DBX707, V12 flagship sports car and more) which would power growth in the second half of the year and beyond. All these news sounds good. ✔️ However the finances don´t look so great. Aston Martin´s still BLEEDING. 💉 - widening losses in the first quarter due to stopped production of its core models ahead of a launch a new vehicles - revenue fell 10% to 267.7£ - debt increased 20% to 1.04£ - wholesale volumes slumped by 35% in Americas, by 30% in the U.K., by 14% in Asia-Pacific and by 17% in the wider Europe, ME and Africa region Will Aston Martin shine again ? Well, it seems that only time will tell us whether they´ll succeed Fun fact: Aston Martin officially opened new "Aston Martin Residences Miami", an ultra-luxury brand´s first real estate project. You can read more about the project at official Aston Martin page. Sources: cnbc.com astonmartin.com
LSE:AML
by n1performer
1
SONAE: Fundamental figures too good to overlook. Time to buy?Fundamental Analysis EBITDA: +7.2% YoY (to €990M in 2023) Margin: 11.8% (-0.2 points YoY) Net Income Group Share = 357 (+6.3% YoY) PER: 1680 / 357 = 4.71 (heavily undervalued considering below data and historical PERs) Net Gearing (Net Debt To Equity Ratio, ): 526/3462 = 0.15 (15%, Prudent) Total Debt To Equity Ratio: 5383 / 3462 = 1.55 (around 1 to 1.5 is healthy according to British Business Bank's article "Debt to equity ratios for healthy businesses") Current ratio: 2010/2502= 0.80 (not healthy and almost unchanged with respect to 2022, see next line. According to Wall Street Prep, 1.5 to 3.0 is healthy) Net Debt to Ebitda = 526 / 990 = 0.53 Working Capital = -1220M€, keeps being negative. Very interesting article from eFinanceManagement explains the Advantages of Negative Working Capital for a cash-rich company whose operating cycle is fast (it may mean that they can bargain very well with their suppliers who provide the funds and the flexible time limit to pay). Prev Current ratio (2022): 1938/2465 = 0.79 Proposed dividend for 2023: 0.05639€ EPS = 357M€ / 2000M = 0.18€/share (ATH?) Current dividend yield = 6.19% Dividend Payout Ratio = x 100 = 31% Free cash flow Dividend payout ratio = x 100 = 60% Technical Analysis There was a disjoint channel happening since July 2022 on the Daily Graph in which the share price dropped out in the lower end in December 2023. Since the company has very good fundamentals, the possibility of an inverse H&S could be around the corner, having an interesting point of entry at 0.78-0.81. However, the share price is already heavily undervalued considering the fundamental analysis previously done. The daily RSI (14) bounced back in March 2023 from below 30 directly to the upper band at 70 indicating the possibility of a continuation of share price upward movement up to +20%. Therefore, it is up to the investor to decide whether at current prices (0.85-0.88€) is already worth the risk (if the 0.78€ ever gets touched and then bounces back up, the drawdown risk would be -11.4%). Finally, it is expected that on May the company will pay the dividend. Therefore, the share price may re-adjust its value upwards in April before the dividend is paid and the share price is subsequently slashed down again. Have a great week ahead.
GETTEX:YSONLong
by alexinve