Natus Medical Beta

Natus Medical Incorporated -- USA Stock  

USD 33.67  0.17  0.51%

The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools

Beta Analysis

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 financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
Natus Medical 

Distress Driver Correlations

About Beta

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition


Natus Medical Income Change Over Time

Accumulated Other Comprehensive Income

In accordance with recently published financial statements Natus Medical Incorporated has Beta of 0.82. This is 30.51% lower than that of the Healthcare sector, and significantly higher than that of Medical Equipment industry, The Beta for all stocks is 141.18% lower than the firm.

Peer Comparison

Natus Medical Beta Comparison
      Natus Medical Comparables 
Natus Medical is currently under evaluation in beta category among related companies.

Did you try this?

Run Cryptocurrency Correlation Now

Cryptocurrency Correlation

Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges
View All  Next Launch Cryptocurrency Correlation

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
As returns on market increase, Natus Medical returns are expected to increase less than the market. However during bear market, the loss on holding Natus Medical will be expected to be smaller as well.