SSAAF
Price
$4.37
Change
-$0.18 (-3.96%)
Updated
Dec 17 closing price
SSAAY
Price
$2.08
Change
-$0.06 (-2.80%)
Updated
Dec 18 closing price
41 days until earnings call
Ad is loading...

SSAAF vs SSAAY

Header iconSSAAF vs SSAAY Comparison
Open Charts SSAAF vs SSAAYBanner chart's image
SSab Swedish Steel AB
Price$4.37
Change-$0.18 (-3.96%)
Volume$150
CapitalizationN/A
SSab Swedish Steel AB
Price$2.08
Change-$0.06 (-2.80%)
Volume$235
CapitalizationN/A
SSAAF vs SSAAY Comparison Chart
Loading...
SSAAF
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
SSAAY
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
View a ticker or compare two or three
VS
SSAAF vs. SSAAY commentary
Dec 19, 2024

To understand the difference between SSAB Corporation - Ordinary Shares - Class A (SSAAF) vs. SSAB Corporation - ADR (SSAAY) it is enough to know the definitions of Ordinary Shares - Class A and ADR

Ordinary Shares - Class A - Class A shares usually refer to common stocks with more voting rights than Class B shares. They often imply enhanced benefits such as dividend priority and liquidation preferences to the holder. Traditionally, this type of share helps a company's management to keep control over the company.

ADR - American depositary receipt (ADR) is a certificate issued by a U.S. depositary bank representing a specified number of shares (often 1 share) of a foreign company's stock. ADRs are denominated in U.S. dollars and trade on U.S. stock markets and OTC depending on the ADRs classification.

COMPARISON
Comparison
Dec 19, 2024
Stock price -- (SSAAF: $4.37 vs. SSAAY: $2.08)
Brand notoriety: SSAAF and SSAAY are both not notable
Both companies represent the Steel industry
Current volume relative to the 65-day Moving Average: SSAAF: 36% vs. SSAAY: 7%
Market capitalization -- SSAAF: $4.15B vs. SSAAY: $4.15B
SSAAF [@Steel] is valued at $4.15B. SSAAY’s [@Steel] market capitalization is $4.15B. The market cap for tickers in the [@Steel] industry ranges from $28.41B to $0. The average market capitalization across the [@Steel] industry is $4.69B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

SSAAF’s FA Score shows that 1 FA rating(s) are green whileSSAAY’s FA Score has 1 green FA rating(s).

  • SSAAF’s FA Score: 1 green, 4 red.
  • SSAAY’s FA Score: 1 green, 4 red.
According to our system of comparison, both SSAAF and SSAAY are a bad buy in the long-term.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

SSAAF’s TA Score shows that 3 TA indicator(s) are bullish while SSAAY’s TA Score has 2 bullish TA indicator(s).

  • SSAAF’s TA Score: 3 bullish, 4 bearish.
  • SSAAY’s TA Score: 2 bullish, 7 bearish.
According to our system of comparison, SSAAF is a better buy in the short-term than SSAAY.

Price Growth

SSAAF (@Steel) experienced а -3.96% price change this week, while SSAAY (@Steel) price change was -11.32% for the same time period.

The average weekly price growth across all stocks in the @Steel industry was -5.22%. For the same industry, the average monthly price growth was -3.77%, and the average quarterly price growth was -2.95%.

Reported Earning Dates

SSAAY is expected to report earnings on Jan 29, 2025.

Industries' Descriptions

@Steel (-5.22% weekly)

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

SUMMARIES
Loading...
FUNDAMENTALS
Fundamentals
SSAAF($4.15B) and SSAAY($4.15B) have the same market capitalization . SSAAF has higher P/E ratio than SSAAY: SSAAF (6.06) vs SSAAY (5.75). SSAAF YTD gains are higher at: -15.474 vs. SSAAY (-42.382). SSAAF (14.9B) and SSAAY (14.9B) have comparable annual earnings (EBITDA) . SSAAF (23.2B) and SSAAY (23.2B) have equal amount of cash in the bank . SSAAF (9.59B) and SSAAY (9.59B) have identical debt. SSAAF (103B) and SSAAY (103B) have equivalent revenues.
SSAAFSSAAYSSAAF / SSAAY
Capitalization4.15B4.15B100%
EBITDA14.9B14.9B100%
Gain YTD-15.474-42.38237%
P/E Ratio6.065.75105%
Revenue103B103B100%
Total Cash23.2B23.2B100%
Total Debt9.59B9.59B100%
FUNDAMENTALS RATINGS
SSAAF vs SSAAY: Fundamental Ratings
SSAAF
SSAAY
OUTLOOK RATING
1..100
9679
VALUATION
overvalued / fair valued / undervalued
1..100
2
Undervalued
2
Undervalued
PROFIT vs RISK RATING
1..100
7247
SMR RATING
1..100
6262
PRICE GROWTH RATING
1..100
7680
P/E GROWTH RATING
1..100
5070
SEASONALITY SCORE
1..100
7585

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

SSAAF's Valuation (2) in the null industry is in the same range as SSAAY (2). This means that SSAAF’s stock grew similarly to SSAAY’s over the last 12 months.

SSAAY's Profit vs Risk Rating (47) in the null industry is in the same range as SSAAF (72). This means that SSAAY’s stock grew similarly to SSAAF’s over the last 12 months.

SSAAY's SMR Rating (62) in the null industry is in the same range as SSAAF (62). This means that SSAAY’s stock grew similarly to SSAAF’s over the last 12 months.

SSAAF's Price Growth Rating (76) in the null industry is in the same range as SSAAY (80). This means that SSAAF’s stock grew similarly to SSAAY’s over the last 12 months.

SSAAF's P/E Growth Rating (50) in the null industry is in the same range as SSAAY (70). This means that SSAAF’s stock grew similarly to SSAAY’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
SSAAFSSAAY
RSI
ODDS (%)
Bullish Trend 2 days ago
59%
Bearish Trend 7 days ago
66%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
49%
Bullish Trend 2 days ago
75%
Momentum
ODDS (%)
Bearish Trend 2 days ago
50%
Bearish Trend 2 days ago
68%
MACD
ODDS (%)
Bearish Trend 2 days ago
53%
Bearish Trend 2 days ago
60%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
46%
Bearish Trend 2 days ago
61%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
38%
Bearish Trend 2 days ago
60%
Advances
ODDS (%)
N/A
Bullish Trend 24 days ago
66%
Declines
ODDS (%)
N/A
Bearish Trend 2 days ago
59%
BollingerBands
ODDS (%)
N/A
N/A
Aroon
ODDS (%)
Bullish Trend 2 days ago
44%
Bearish Trend 2 days ago
63%
View a ticker or compare two or three
Ad is loading...
SSAAF
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
SSAAY
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
PABYX17.86N/A
N/A
Putnam Dynamic Asset Allocation Bal Y
PGLEX16.47-0.08
-0.48%
Putnam Focused International Equity R6
HLGEX52.37-0.48
-0.91%
JPMorgan Mid Cap Growth I
UDPSX69.88-0.89
-1.26%
ProFunds Ultra Dow 30 Svc
LMGEX17.20-0.81
-4.48%
Franklin International Equity C

SSAAF and

Correlation & Price change

A.I.dvisor tells us that SSAAF and ANIOY have been poorly correlated (+21% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that SSAAF and ANIOY's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SSAAF
1D Price
Change %
SSAAF100%
N/A
ANIOY - SSAAF
21%
Poorly correlated
N/A
SSAAY - SSAAF
12%
Poorly correlated
-3.26%
NPSCY - SSAAF
8%
Poorly correlated
-0.31%
SZGPY - SSAAF
4%
Poorly correlated
-5.20%
NISTF - SSAAF
3%
Poorly correlated
N/A
More

SSAAY and

Correlation & Price change

A.I.dvisor indicates that over the last year, SSAAY has been loosely correlated with PKX. These tickers have moved in lockstep 35% of the time. This A.I.-generated data suggests there is some statistical probability that if SSAAY jumps, then PKX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SSAAY
1D Price
Change %
SSAAY100%
-3.26%
PKX - SSAAY
35%
Loosely correlated
-2.16%
RDUS - SSAAY
28%
Poorly correlated
-4.22%
MT - SSAAY
27%
Poorly correlated
-3.17%
TX - SSAAY
27%
Poorly correlated
-3.37%
SID - SSAAY
25%
Poorly correlated
-10.47%
More