BASF SE Beta

BAS -  Germany Stock  

EUR 63.09  2.00  3.07%

BASF SE NA fundamentals help investors to digest information that contributes to BASF SE's financial success or failures. It also enables traders to predict the movement of BASF SE Stock. This fundamental analysis module provides a way for investors to measures BASF SE's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BASF SE stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

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BASF SE Beta Analysis

BASF SE'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 BASF SE Beta

    
  1.43  
Most of BASF SE'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, BASF SE NA 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, BASF SE NA has a Beta of 1.43. This is 64.37% higher than that of the Basic Materials sector and 2.14% higher than that of the Chemicals industry. The beta for all Germany stocks is notably lower than that of the firm.

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Let's try to break down what BASF SE's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BASF SE will likely underperform.

BASF SE Fundamentals

About BASF SE Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BASF SE NA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BASF SE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BASF SE NA 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.
It operates through six segments Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition Care, and Agricultural Solutions. BASF SE was founded in 1865 and is headquartered in Ludwigshafen am Rhein, Germany. BASF SE operates under Chemicals classification in Germany and is traded on XETRA Stock Exchange. It employs 110261 people.

BASF SE Investors Sentiment

The influence of BASF SE's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BASF SE. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - BAS

BASF SE NA Investor Sentiment

Most of Macroaxis users are currently bullish on BASF SE NA. What is your opinion about investing in BASF SE NA? Are you bullish or bearish?
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98% Bullish
2% Bearish
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Pair Trading with BASF SE

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 BASF SE 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 BASF SE will appreciate offsetting losses from the drop in the long position's value.

BASF SE Pair Correlation

Equities Pair Trading Analysis

Continue to BASF SE Piotroski F Score and BASF SE Altman Z Score analysis. Note that the BASF SE NA information on this page should be used as a complementary analysis to other BASF SE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Tools for BASF SE Stock

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