Cementos Pacasmayo Saa Stock Beta
| CPAC Stock | USD 5.24 0.10 1.95% |
Cementos Pacasmayo SAA fundamentals help investors to digest information that contributes to Cementos Pacasmayo's financial success or failures. It also enables traders to predict the movement of Cementos Stock. The fundamental analysis module provides a way to measure Cementos Pacasmayo'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 Cementos Pacasmayo stock.
Cementos | Beta |
Cementos Pacasmayo SAA Company Beta Analysis
Cementos Pacasmayo'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 Cementos Pacasmayo Beta | 0.27 |
Most of Cementos Pacasmayo'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, Cementos Pacasmayo SAA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cementos Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Cementos Pacasmayo is extremely important. It helps to project a fair market value of Cementos Stock properly, considering its historical fundamentals such as Beta. Since Cementos Pacasmayo'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 Cementos Pacasmayo'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 Cementos Pacasmayo's interrelated accounts and indicators.
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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, Cementos Pacasmayo SAA has a Beta of 0.274. This is 68.51% lower than that of the Construction Materials sector and 80.84% lower than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
Cementos Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cementos Pacasmayo'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 Cementos Pacasmayo could also be used in its relative valuation, which is a method of valuing Cementos Pacasmayo by comparing valuation metrics of similar companies.Cementos Pacasmayo is currently under evaluation in beta category among related companies.
Cementos Pacasmayo Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cementos Pacasmayo from analyzing Cementos Pacasmayo's financial statements. These drivers represent accounts that assess Cementos Pacasmayo's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cementos Pacasmayo's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 13.1B | 11.6B | 10.6B | 8.4B | 8.2B | 4.8B | |
| Enterprise Value | 14.1B | 12.5B | 10.3B | 8.3B | 9.7B | 5.2B |
Cementos Pacasmayo Institutional Holders
Institutional Holdings refers to the ownership stake in Cementos Pacasmayo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cementos Pacasmayo'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 Cementos Pacasmayo's value.| Shares | Sagil Capital Llp | 2023-12-31 | 209.7 K | Compass Group Llc | 2023-12-31 | 98 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 89.3 K | Bnp Paribas Arbitrage, Sa | 2023-12-31 | 32 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 21 K | Ubs Group Ag | 2023-12-31 | 13.8 K | Acadian Asset Management Llc | 2023-12-31 | 6.5 K | Fmr Inc | 2023-12-31 | 66.0 | Bank Of America Corp | 2023-12-31 | 0.0 |
As returns on the market increase, Cementos Pacasmayo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cementos Pacasmayo is expected to be smaller as well.
Cementos Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0712 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 3.73 B | ||||
| Shares Outstanding | 85.62 M | ||||
| Shares Owned By Institutions | 1.23 % | ||||
| Number Of Shares Shorted | 30.93 K | ||||
| Price To Earning | 21.88 X | ||||
| Price To Book | 1.40 X | ||||
| Price To Sales | 0.23 X | ||||
| Revenue | 1.95 B | ||||
| Gross Profit | 652.03 M | ||||
| EBITDA | 540.44 M | ||||
| Net Income | 168.9 M | ||||
| Cash And Equivalents | 277.99 M | ||||
| Cash Per Share | 3.25 X | ||||
| Total Debt | 1.58 B | ||||
| Debt To Equity | 1.18 % | ||||
| Current Ratio | 1.14 X | ||||
| Book Value Per Share | 2.78 X | ||||
| Cash Flow From Operations | 412.32 M | ||||
| Short Ratio | 5.07 X | ||||
| Earnings Per Share | 0.51 X | ||||
| Price To Earnings To Growth | 1.13 X | ||||
| Target Price | 5.85 | ||||
| Beta | 0.27 | ||||
| Market Capitalization | 455.96 M | ||||
| Total Asset | 3.29 B | ||||
| Retained Earnings | 261.99 M | ||||
| Working Capital | 235.31 M | ||||
| Current Asset | 628.48 M | ||||
| Current Liabilities | 203.55 M | ||||
| Annual Yield | 0.10 % | ||||
| Net Asset | 3.29 B | ||||
| Last Dividend Paid | 0.41 |
About Cementos Pacasmayo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cementos Pacasmayo SAA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cementos Pacasmayo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cementos Pacasmayo SAA 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cementos Pacasmayo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cementos Pacasmayo's short interest history, or implied volatility extrapolated from Cementos Pacasmayo options trading.
Pair Trading with Cementos Pacasmayo
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 Cementos Pacasmayo 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 Cementos Pacasmayo will appreciate offsetting losses from the drop in the long position's value.Moving together with Cementos Stock
| 0.74 | CRH | CRH PLC ADR | PairCorr |
| 0.66 | JHX | James Hardie Industries Financial Report 20th of May 2024 | PairCorr |
Moving against Cementos Stock
| 0.44 | RETO | ReTo Eco Solutions Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Cementos Pacasmayo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cementos Pacasmayo 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 Cementos Pacasmayo - 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 Cementos Pacasmayo SAA to buy it.
The correlation of Cementos Pacasmayo 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 Cementos Pacasmayo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cementos Pacasmayo SAA 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 Cementos Pacasmayo 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 Cementos Pacasmayo Piotroski F Score and Cementos Pacasmayo Altman Z Score analysis. Note that the Cementos Pacasmayo SAA information on this page should be used as a complementary analysis to other Cementos Pacasmayo'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 the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Cementos Stock analysis
When running Cementos Pacasmayo's price analysis, check to measure Cementos Pacasmayo'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 Cementos Pacasmayo is operating at the current time. Most of Cementos Pacasmayo's value examination focuses on studying past and present price action to predict the probability of Cementos Pacasmayo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cementos Pacasmayo's price. Additionally, you may evaluate how the addition of Cementos Pacasmayo to your portfolios can decrease your overall portfolio volatility.
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Is Cementos Pacasmayo'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 Cementos Pacasmayo. If investors know Cementos 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 Cementos Pacasmayo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 0.41 | Earnings Share 0.51 | Revenue Per Share 22.775 | Quarterly Revenue Growth (0.04) |
The market value of Cementos Pacasmayo SAA is measured differently than its book value, which is the value of Cementos that is recorded on the company's balance sheet. Investors also form their own opinion of Cementos Pacasmayo's value that differs from its market value or its book value, called intrinsic value, which is Cementos Pacasmayo'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 Cementos Pacasmayo's market value can be influenced by many factors that don't directly affect Cementos Pacasmayo'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 Cementos Pacasmayo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cementos Pacasmayo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cementos Pacasmayo'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.