Eros International Selected Fundamentals

Eros International Plc -- USA Stock  

USD 10.9  0.05  0.46%

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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.
Eros International 
Beta 
 = 
Covariance 
Variance 
 = 
-0.42

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
In accordance with recently published financial statements Eros International Plc has Beta of -0.42. This is much lower than that of the sector, and significantly lower than that of Entertainment industry, The Beta for all stocks is over 1000% higher than the company.

Eros International Plc Fundamental Drivers Relationships

Eros International Plc is rated # 4 in z score category among related companies. It is rated # 5 in market capitalization category among related companies creating about  549,866,667  of Market Capitalization per Z Score.

Peer Comparison

Eros International Revenue Comparison
  Revenue 
      Eros International Comparables 
Eros International is rated # 4 in revenue category among related companies.

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