Safeway Stock Beta
Safeway fundamentals help investors to digest information that contributes to Safeway's financial success or failures. It also enables traders to predict the movement of Safeway Stock. The fundamental analysis module provides a way to measure Safeway's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Safeway stock.
Safeway |
Safeway Company Beta Analysis
Safeway's 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.
Current Safeway Beta | 0.89 |
Most of Safeway's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Safeway is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionIn accordance with the recently published financial statements, Safeway has a Beta of 0.89. This is much higher than that of the sector and significantly higher than that of the Retail industry. The beta for all United States stocks is notably lower than that of the firm.
Safeway Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Safeway's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Safeway could also be used in its relative valuation, which is a method of valuing Safeway by comparing valuation metrics of similar companies.Safeway is currently under evaluation in beta category among related companies.
Safeway returns are very sensitive to returns on the market. As the market goes up or down, Safeway is expected to follow.
Safeway Fundamentals
| Return On Asset | 0.02 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 9.57 B | |||
| Shares Outstanding | 228.8 M | |||
| Shares Owned By Insiders | 0.89 % | |||
| Shares Owned By Institutions | 87.80 % | |||
| Number Of Shares Shorted | 10.15 M | |||
| Price To Earning | 26.41 X | |||
| Price To Book | 1.45 X | |||
| Price To Sales | 0.22 X | |||
| Revenue | 36.33 B | |||
| Gross Profit | 9.68 B | |||
| Net Income | 113.4 M | |||
| Cash And Equivalents | 2.26 B | |||
| Cash Per Share | 9.94 X | |||
| Total Debt | 3 B | |||
| Debt To Equity | 0.55 % | |||
| Current Ratio | 2.04 X | |||
| Cash Flow From Operations | (621.2 M) | |||
| Number Of Employees | 137 K | |||
| Beta | 0.89 | |||
| Market Capitalization | 8.1 B | |||
| Total Asset | 13.38 B | |||
| Retained Earnings | 4.31 B | |||
| Working Capital | 2.86 B | |||
| Current Asset | 5.61 B | |||
| Current Liabilities | 2.75 B | |||
| Z Score | 3.2 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Safeway in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Safeway's short interest history, or implied volatility extrapolated from Safeway options trading.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Safeway Stock
If you are still planning to invest in Safeway check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Safeway's history and understand the potential risks before investing.
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