Biomass Secure Power Stock Beta
| BMSPF Stock | USD 0.0007 0.0003 75.00% |
Biomass Secure Power fundamentals help investors to digest information that contributes to Biomass Secure's financial success or failures. It also enables traders to predict the movement of Biomass Pink Sheet. The fundamental analysis module provides a way to measure Biomass Secure'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 Biomass Secure pink sheet.
Biomass |
Biomass Secure Power Company Beta Analysis
Biomass Secure'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 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 Biomass Secure Beta | -0.45 |
Most of Biomass Secure'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, Biomass Secure Power 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, Biomass Secure Power has a Beta of -0.4491. This is 151.62% lower than that of the Basic Materials sector and 126.42% lower than that of the Lumber & Wood Production industry. The beta for all United States stocks is 199.4% higher than that of the company.
Biomass Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Biomass Secure's 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 Biomass Secure could also be used in its relative valuation, which is a method of valuing Biomass Secure by comparing valuation metrics of similar companies.Biomass Secure is currently under evaluation in beta category among related companies.
As returns on the market increase, returns on owning Biomass Secure are expected to decrease at a much lower rate. During the bear market, Biomass Secure is likely to outperform the market.
Biomass Fundamentals
| Return On Asset | -1.15 | |||
| Current Valuation | 2.03 M | |||
| Shares Outstanding | 608.19 M | |||
| Price To Earning | (9.50) X | |||
| Price To Book | 4.72 X | |||
| Price To Sales | 0.13 X | |||
| EBITDA | (567.32 K) | |||
| Net Income | (258.58 K) | |||
| Cash And Equivalents | 25.88 K | |||
| Total Debt | 127.6 K | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | 66.85 K | |||
| Beta | -0.45 | |||
| Market Capitalization | 1.82 M | |||
| Total Asset | 13 K | |||
| Retained Earnings | (9.21 M) | |||
| Working Capital | (1.23 M) | |||
| Current Asset | 13 K | |||
| Current Liabilities | 1.25 M |
About Biomass Secure Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Biomass Secure Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Biomass Secure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Biomass Secure Power 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.
Pair Trading with Biomass Secure
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 Biomass Secure 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 Biomass Secure will appreciate offsetting losses from the drop in the long position's value.Moving against Biomass Pink Sheet
| 0.51 | SMFG | Sumitomo Mitsui Financial Financial Report 20th of May 2024 | PairCorr |
| 0.5 | SVCBF | Svenska Cellulosa | PairCorr |
| 0.5 | MZHOF | Mizuho Financial | PairCorr |
| 0.45 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.45 | MFG | Mizuho Financial Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Biomass Secure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biomass Secure 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 Biomass Secure - 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 Biomass Secure Power to buy it.
The correlation of Biomass Secure 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 Biomass Secure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biomass Secure Power 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 Biomass Secure 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 Biomass Secure Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Biomass Pink Sheet analysis
When running Biomass Secure's price analysis, check to measure Biomass Secure'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 Biomass Secure is operating at the current time. Most of Biomass Secure's value examination focuses on studying past and present price action to predict the probability of Biomass Secure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomass Secure's price. Additionally, you may evaluate how the addition of Biomass Secure to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |