Acquisition by Robert Weisbord of 62617 shares of Sinclair Broadcast subject to Rule 16b-3
SBGI Stock | USD 13.49 0.23 1.68% |
Under 62% of Sinclair Broadcast's investor base is looking to short. The current sentiment regarding investing in Sinclair Broadcast Group stock implies that many traders are alarmed. Sinclair Broadcast's investing sentiment shows overall attitude of investors towards Sinclair Broadcast Group.
Filed transaction by Sinclair Broadcast Group officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)
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Sinclair Broadcast Fundamental Analysis
We analyze Sinclair Broadcast's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sinclair Broadcast using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sinclair Broadcast 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
Sinclair Broadcast 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.
Sinclair Broadcast 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 Sinclair Broadcast stock to make a market-neutral strategy. Peer analysis of Sinclair Broadcast could also be used in its relative valuation, which is a method of valuing Sinclair Broadcast by comparing valuation metrics with similar companies.
Peers
Sinclair Broadcast Related Equities
WMG | Warner Music | 2.26 | ||||
AMCX | AMC Networks | 1.43 | ||||
MCS | Marcus | 1.01 | ||||
BATRA | Atlanta Braves | 0.91 | ||||
FWONA | Liberty Media | 0.62 | ||||
BATRK | Atlanta Braves | 0.47 | ||||
FWONK | Liberty Media | 0.46 | ||||
FOX | Fox Corp | 0.27 | ||||
FOXA | Fox Corp | 0.19 | ||||
NWS | News Corp | 0.27 | ||||
NWSA | News Corp | 0.37 | ||||
NXST | Nexstar Broadcasting | 0.46 | ||||
PARAA | Paramount Global | 1.66 |
Complementary Tools for Sinclair Stock analysis
When running Sinclair Broadcast's price analysis, check to measure Sinclair Broadcast'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 Sinclair Broadcast is operating at the current time. Most of Sinclair Broadcast's value examination focuses on studying past and present price action to predict the probability of Sinclair Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinclair Broadcast's price. Additionally, you may evaluate how the addition of Sinclair Broadcast to your portfolios can decrease your overall portfolio volatility.
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