Capstone Beta

CGRN Stock

USD 1.31 0.05 3.68%

Capstone Green Energy fundamentals help investors to digest information that contributes to Capstone Green's financial success or failures. It also enables traders to predict the movement of Capstone Stock. The fundamental analysis module provides a way to measure Capstone Green'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 Capstone Green stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Receivables Inventories

Capstone Beta Analysis

Capstone Green'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.

	2020	2021	2022	2023 (projected)
Interest Expense	5.16 M	5 M	5.75 M	6.21 M
Gross Profit	6.86 M	8.54 M	7.68 M	8.76 M

Interest Expense Gross Profit

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Capstone Green Beta

2.1

Most of Capstone Green'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, Capstone Green Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Capstone Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Capstone Green is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Beta. Since Capstone Green's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Capstone Green's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Capstone Green's interrelated accounts and indicators.

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

Predict Capstone Green

In accordance with the recently published financial statements, Capstone Green Energy has a Beta of 2.1035. This is 53.54% higher than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The beta for all United States stocks is notably lower than that of the firm.

Capstone Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Capstone Green's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Capstone Green could also be used in its relative valuation, which is a method of valuing Capstone Green by comparing valuation metrics of similar companies.

Capstone Green is currently under evaluation in beta category among related companies.

Capstone Green Current Valuation Drivers

We derive many important indicators used in calculating different scores of Capstone Green from analyzing Capstone Green's financial statements. These drivers represent accounts that assess Capstone Green's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Capstone Green's important valuation drivers and their relationship over time.

	2018	2019	2020	2021	2022	2023 (projected)
Net Income Per Employee	(108.17 K)	(194.98 K)	(149.49 K)	(150.83 K)	(135.75 K)	(146.46 K)
Revenue Per Employee	541.64 K	613.73 K	549.89 K	519.74 K	467.76 K	460.34 K
Average Assets	66.36 M	78.3 M	81.51 M	107.02 M	96.32 M	83.9 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA	(13.89 M)	(14.2 M)	(11.38 M)	(12.62 M)	(14.51 M)	(15.65 M)
Earnings Before Interest Taxes and Depreciation Amortization USD	(13.89 M)	(14.2 M)	(11.38 M)	(12.62 M)	(14.51 M)	(15.65 M)
Earnings before Tax	(16.65 M)	(21.89 M)	(18.37 M)	(20.19 M)	(23.22 M)	(25.05 M)
Average Equity	24.71 M	16.99 M	9.29 M	14.16 M	12.75 M	18.57 M
Enterprise Value	58.92 M	27.54 M	141.76 M	89.26 M	80.33 M	109.88 M
Free Cash Flow	(21.06 M)	(23.91 M)	(1.51 M)	(37.42 M)	(33.68 M)	(34.57 M)
Invested Capital	49.3 M	65.45 M	80.24 M	98.03 M	112.73 M	121.63 M
Invested Capital Average	27.2 M	64.69 M	74.9 M	93.65 M	107.69 M	116.2 M
Market Capitalization	64.43 M	10.94 M	115.72 M	62.89 M	56.61 M	58.09 M
Tangible Asset Value	79.78 M	73.95 M	106.02 M	100.77 M	115.89 M	106.94 M
Working Capital	42.02 M	29.8 M	52.45 M	33.59 M	38.63 M	38.81 M

Capstone Green Institutional Holders

Institutional Holdings refers to the ownership stake in Capstone Green that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Capstone Green's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Capstone Green's value.

	Last Transaction	Type	Shares	Value
Aigh Capital Management Llc	2022-12-31	Common Shares	896.5 K	1.3 M
Baird Financial Group Inc	2022-12-31	Common Shares	556.3 K	807 K
Vanguard Group Inc	2022-12-31	Common Shares	521.1 K	755.6 K
Blackrock Inc	2022-12-31	Common Shares	389.5 K	564.8 K
Walleye Capital Llc	2022-12-31	Common Shares	336.6 K	488.1 K
Sargent Investment Group Llc	2022-12-31	Common Shares	297.9 K	431.9 K
Worth Venture Partners Llc	2022-12-31	Common Shares	220.4 K	319.6 K
Renaissance Technologies Llc	2022-12-31	Common Shares	216.8 K	314 K
Cambridge Investment Research Advisors Inc	2022-03-31	Common Shares	73.8 K	304 K
Millennium Management Llc	2022-12-31	Common Shares	128 K	186 K
Geode Capital Management Llc	2022-12-31	Common Shares	116.1 K	168 K

Let's try to break down what Capstone'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, Capstone Green will likely underperform.

Capstone Fundamentals

	Return On Equity	(2.92) %
	Return On Asset	(0.07) %
	Profit Margin	(0.26) %
	Operating Margin	(0.16) %
	Current Valuation	71.5 M
	Shares Outstanding	18.35 M
	Shares Owned by Insiders	3.43 %
	Shares Owned by Institutions	20.16 %
	Number of Shares Shorted	406.81 K
	Price to Book	4.74 X
	Price to Sales	0.37 X
	Revenue	69.64 M
	Gross Profit	9.33 M
	EBITDA	(12.62 M)
	Net Income	(20.21 M)
	Cash and Equivalents	16.91 M
	Cash per Share	1.10 X
	Total Debt	56.76 M
	Current Ratio	1.80 X
	Book Value Per Share	0.06 X
	Cash Flow from Operations	(27.5 M)
	Short Ratio	5.67 X
	Earnings Per Share	(1.18) X
	Price to Earnings To Growth	(0.17) X
	Target Price	15.5
	Number of Employees	133
	Beta	2.1
	Market Capitalization	24.95 M
	Total Asset	100.77 M
	Net Asset	100.77 M

About Capstone Green Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Capstone Green Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Capstone Green using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Capstone Green Energy 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.

Capstone Green Energy Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation and distribution networks applications worldwide. Capstone Green Energy Corporation was founded in 1988 and is headquartered in Van Nuys, California. Capstone Green operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 133 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Capstone Green without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run My Watchlist Analysis Now

My Watchlist Analysis

Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like

All Next

Launch Module

Pair Trading with Capstone Green

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 Capstone Green 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 Capstone Green will appreciate offsetting losses from the drop in the long position's value.

Moving together with Capstone Green

	+	0.76	B	Barnes Group		Fiscal Quarter End 31st of March 2023	Pair Corr
	+	0.74	BW	Babcock Wilcox Enter		Fiscal Quarter End 31st of March 2023	Pair Corr

The ability to find closely correlated positions to Capstone Green could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capstone Green 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 Capstone Green - 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 Capstone Green Energy to buy it.

The correlation of Capstone Green is a statistical measure of how it moves in relation to other equities. 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 Capstone Green moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capstone Green Energy 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 Capstone Green 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.

Pair Correlation Correlation Matching

Check out Capstone Green Piotroski F Score and Capstone Green Altman Z Score analysis. To learn how to invest in Capstone Stock please use our How to Invest in Capstone Green guide. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for analysis

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

	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Piotroski F Score Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
	Watchlist Optimization Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Bond Directory Find actively traded corporate debentures issued by US companies
	Probability Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years

Is Capstone Green's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Capstone Green. If investors know Capstone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Capstone Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.18)

Revenue Per Share

4.551

Quarterly Revenue Growth

(0.049)

Return On Assets

(0.07)

Return On Equity

(2.92)

The market value of Capstone Green Energy is measured differently than its book value, which is the value of Capstone that is recorded on the company's balance sheet. Investors also form their own opinion of Capstone Green's value that differs from its market value or its book value, called intrinsic value, which is Capstone Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Capstone Green's market value can be influenced by many factors that don't directly affect Capstone Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Capstone Green's value and its price as these two are different measures arrived at by different means. Investors typically determine Capstone Green value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capstone Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2023 Macroaxis LLC

	Accounts Payable	Total Assets	Current Assets	Cash and Equivalents	Total Debt	Debt Current	Deferred Revenue	Shareholders Equity	Total Liabilities	Current Liabilities
Accounts Payable		0.71	0.35	0.12	0.5	-0.08	0.18	-0.16	0.59	0.52
Total Assets	0.71		0.64	0.48	0.7	-0.43	0.35	-0.1	0.76	0.19
Current Assets	0.35	0.64		0.94	-0.01	0.14	-0.37	0.57	0.11	0.55
Cash and Equivalents	0.12	0.48	0.94		-0.15	0.24	-0.49	0.66	-0.07	0.45
Total Debt	0.5	0.7	-0.01	-0.15		-0.83	0.84	-0.77	0.97	-0.34
Debt Current	-0.08	-0.43	0.14	0.24	-0.83		-0.92	0.75	-0.78	0.73
Deferred Revenue	0.18	0.35	-0.37	-0.49	0.84	-0.92		-0.86	0.8	-0.67
Shareholders Equity	-0.16	-0.1	0.57	0.66	-0.77	0.75	-0.86		-0.7	0.56
Total Liabilities	0.59	0.76	0.11	-0.07	0.97	-0.78	0.8	-0.7		-0.22
Current Liabilities	0.52	0.19	0.55	0.45	-0.34	0.73	-0.67	0.56	-0.22

Capstone Beta

Capstone Beta Analysis

Current Capstone Green Beta

Capstone Beta Driver Correlations

Capstone Beta Peer Comparison

Capstone Green Current Valuation Drivers

Capstone Green Institutional Holders

Capstone Fundamentals

About Capstone Green Fundamental Analysis

Be your own money manager

Did you try this?

Run My Watchlist Analysis Now

My Watchlist Analysis

Pair Trading with Capstone Green

Moving together with Capstone Green

Complementary Tools for analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY