Agritek Holdings Stock Beta
| AGTK Stock | USD 0.0001 0.00 0.00% |
Agritek Holdings fundamentals help investors to digest information that contributes to Agritek Holdings' financial success or failures. It also enables traders to predict the movement of Agritek Pink Sheet. The fundamental analysis module provides a way to measure Agritek Holdings' 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 Agritek Holdings pink sheet.
Agritek |
Agritek Holdings Company Beta Analysis
Agritek Holdings' 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 Agritek Holdings Beta | 1.44 |
Most of Agritek Holdings' 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, Agritek Holdings 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.
| Competition |
In accordance with the recently published financial statements, Agritek Holdings has a Beta of 1.4442. This is 100.58% higher than that of the Distributors sector and 23.44% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Agritek Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Agritek Holdings' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Agritek Holdings could also be used in its relative valuation, which is a method of valuing Agritek Holdings by comparing valuation metrics of similar companies.Agritek Holdings is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Agritek Holdings will likely underperform.
Agritek Fundamentals
| Return On Asset | -5.56 | |||
| Current Valuation | 1.9 M | |||
| Shares Outstanding | 63.87 M | |||
| Shares Owned By Insiders | 9.90 % | |||
| Price To Earning | (1.06) X | |||
| Price To Sales | 293.93 X | |||
| Revenue | 2.08 K | |||
| Gross Profit | (256.82 K) | |||
| EBITDA | (5.18 M) | |||
| Net Income | (8.05 M) | |||
| Cash And Equivalents | 342.3 K | |||
| Total Debt | 1.67 M | |||
| Current Ratio | 0.04 X | |||
| Book Value Per Share | (0.23) X | |||
| Cash Flow From Operations | (1.45 M) | |||
| Earnings Per Share | (0.57) X | |||
| Beta | 1.44 | |||
| Market Capitalization | 6.39 K | |||
| Total Asset | 741.55 K | |||
| Retained Earnings | (16.64 M) | |||
| Working Capital | (3.74 M) | |||
| Current Asset | 35 K | |||
| Current Liabilities | 3.78 M | |||
| Z Score | -56.6 | |||
| Net Asset | 741.55 K |
About Agritek Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Agritek Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agritek Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agritek Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Agritek Holdings 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, Agritek Holdings' short interest history, or implied volatility extrapolated from Agritek Holdings options trading.
Pair Trading with Agritek Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agritek Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agritek Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Agritek Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agritek Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agritek Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agritek Holdings to buy it.
The correlation of Agritek Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agritek Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agritek Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agritek Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agritek Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Agritek Pink Sheet analysis
When running Agritek Holdings' price analysis, check to measure Agritek Holdings' 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 Agritek Holdings is operating at the current time. Most of Agritek Holdings' value examination focuses on studying past and present price action to predict the probability of Agritek Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agritek Holdings' price. Additionally, you may evaluate how the addition of Agritek Holdings to your portfolios can decrease your overall portfolio volatility.
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