GARO AB Beta

GARO AB GARO fundamentals help investors to digest information that contributes to GARO AB's financial success or failures. It also enables traders to predict the movement of GARO AB Stock. The fundamental analysis module provides a way to measure GARO AB'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 GARO AB stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

GARO AB Beta Analysis

GARO AB'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 will be 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.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current GARO AB Beta

    
  -0.13  
Most of GARO AB'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, GARO AB GARO 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.
Compare to competition
In accordance with the recently published financial statements, GARO AB GARO has a Beta of -0.13. This is much lower than that of the sector and significantly lower than that of the Beta industry. The beta for all United Kingdom stocks is notably higher than that of the company.

GARO AB Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GARO AB'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 GARO AB could also be used in its relative valuation, which is a method of valuing GARO AB by comparing valuation metrics of similar companies.
GARO AB is currently under evaluation in beta category among related companies.
Let's try to break down what GARO AB's beta means in this case. As returns on the market increase, returns on owning GARO AB are expected to decrease at a much lower rate. During the bear market, GARO AB is likely to outperform the market.

GARO AB Fundamentals

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 GARO AB 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, GARO AB's short interest history, or implied volatility extrapolated from GARO AB options trading.

Thematic Opportunities

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Check out Trending Equities. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for GARO AB Stock

When running GARO AB GARO price analysis, check to measure GARO AB'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 GARO AB is operating at the current time. Most of GARO AB's value examination focuses on studying past and present price action to predict the probability of GARO AB's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GARO AB's price. Additionally, you may evaluate how the addition of GARO AB to your portfolios can decrease your overall portfolio volatility.
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