AMERICAN CREEK Beta

AMERICAN CREEK beta fundamental analysis lookup allows you to check this and other indicators for AMERICAN CREEK RESOURCES LTD or any other equity instrument. You can also 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
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AMERICAN CREEK 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.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis
AMERICAN CREEK Beta  =
-0.54
AMERICAN CREEK ValuationFundamentalsBuy or Sell

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 AMERICAN CREEK RESOURCES LTD has Beta of -0.54. This is 162.07% lower than that of the Basic Materials sector, and 146.15% lower than that of Industrial Metals & Minerals industry, The Beta for all stocks is 260.0% higher than the company.

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As returns on market increase, returns on owning AMERICAN CREEK are expected to decrease at a much smaller rate. During bear market, AMERICAN CREEK is likely to outperform the market.

AMERICAN CREEK current financial ratios



 
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