Danieli C Officine Stock Beta
| DNIYY Stock | USD 26.40 0.00 0.00% |
Danieli C Officine fundamentals help investors to digest information that contributes to Danieli C's financial success or failures. It also enables traders to predict the movement of Danieli Pink Sheet. The fundamental analysis module provides a way to measure Danieli C'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 Danieli C pink sheet.
Danieli |
Danieli C Officine Company Beta Analysis
Danieli C'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 Danieli C Beta | 1.24 |
Most of Danieli C'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, Danieli C Officine 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, Danieli C Officine has a Beta of 1.2379. This is 9.64% lower 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.
Danieli Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Danieli C'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 Danieli C could also be used in its relative valuation, which is a method of valuing Danieli C by comparing valuation metrics of similar companies.Danieli C is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Danieli C will likely underperform.
Danieli Fundamentals
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0235 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | (172.03 M) | |||
| Shares Outstanding | 74.1 M | |||
| Shares Owned By Institutions | 0.01 % | |||
| Price To Earning | 24.98 X | |||
| Price To Book | 0.36 X | |||
| Price To Sales | 0.42 X | |||
| Revenue | 3.47 B | |||
| Gross Profit | 1.72 B | |||
| EBITDA | 405.21 M | |||
| Net Income | 287.24 M | |||
| Cash And Equivalents | 2.07 B | |||
| Cash Per Share | 13.94 X | |||
| Total Debt | 123.49 M | |||
| Debt To Equity | 0.25 % | |||
| Current Ratio | 1.32 X | |||
| Book Value Per Share | 14.98 X | |||
| Cash Flow From Operations | 279.39 M | |||
| Earnings Per Share | 3.29 X | |||
| Number Of Employees | 8.98 K | |||
| Beta | 1.24 | |||
| Market Capitalization | 1.68 B | |||
| Total Asset | 6.16 B | |||
| Retained Earnings | 1.13 B | |||
| Working Capital | 1.24 B | |||
| Current Asset | 4.15 B | |||
| Current Liabilities | 2.91 B | |||
| Z Score | 7.8 | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.31 % | |||
| Net Asset | 6.16 B | |||
| Last Dividend Paid | 0.28 |
About Danieli C Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Danieli C Officine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danieli C using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danieli C Officine 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 Danieli C
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 Danieli C 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 Danieli C will appreciate offsetting losses from the drop in the long position's value.Moving together with Danieli Pink Sheet
| 0.9 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.8 | SIEGY | Siemens AG ADR | PairCorr |
| 0.86 | ETN | Eaton PLC Earnings Call This Week | PairCorr |
| 0.61 | SBGSY | Schneider Electric Earnings Call Today | PairCorr |
Moving against Danieli Pink Sheet
| 0.51 | MSB | Mesabi Trust | PairCorr |
The ability to find closely correlated positions to Danieli C could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danieli C 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 Danieli C - 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 Danieli C Officine to buy it.
The correlation of Danieli C 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 Danieli C moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danieli C Officine 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 Danieli C 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danieli C Officine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Danieli Pink Sheet analysis
When running Danieli C's price analysis, check to measure Danieli C'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 Danieli C is operating at the current time. Most of Danieli C's value examination focuses on studying past and present price action to predict the probability of Danieli C's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danieli C's price. Additionally, you may evaluate how the addition of Danieli C to your portfolios can decrease your overall portfolio volatility.
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