Biotage Ab Beta

<div class='logoBackup' style='background:#FCD202;color: white;font-size:3em;;'>BIT</div>
BITGF -- USA Stock  

USD 12.25  0.00  0.00%

Biotage Ab beta fundamental analysis lookup allows you to check this and other indicators for Biotage Ab Ord A 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 continue to Equity Screeners to view more equity screening tools
Symbol
Refresh

Biotage Ab 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
Biotage Ab Beta  =
0.85
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 Biotage Ab Ord A has Beta of 0.85. This is 40.97% lower than that of the sector, and 77.86% lower than that of Beta industry, The Beta for all stocks is 666.67% lower than the firm.

Did you try this?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module
Biotage Ab returns are very sensitive to returns on the market. As market goes up or down, Biotage Ab is expected to follow.

Biotage Ab current financial ratios