Entertainment Arts Research Stock Beta
| EARI Stock | USD 0.0002 0.0001 33.33% |
Entertainment Arts Research fundamentals help investors to digest information that contributes to Entertainment Arts' financial success or failures. It also enables traders to predict the movement of Entertainment Pink Sheet. The fundamental analysis module provides a way to measure Entertainment Arts' 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 Entertainment Arts pink sheet.
Entertainment |
Entertainment Arts Research Company Beta Analysis
Entertainment Arts' 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 Entertainment Arts Beta | -0.95 |
Most of Entertainment Arts' 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, Entertainment Arts Research 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, Entertainment Arts Research has a Beta of -0.9455. This is 176.87% lower than that of the Consumer Defensive sector and significantly lower than that of the Beverages—Brewers industry. The beta for all United States stocks is notably higher than that of the company.
Entertainment Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Entertainment Arts' 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 Entertainment Arts could also be used in its relative valuation, which is a method of valuing Entertainment Arts by comparing valuation metrics of similar companies.Entertainment Arts is currently under evaluation in beta category among related companies.
As the market becomes more bullish, returns on owning Entertainment Arts are expected to decrease slowly. On the other hand, during market turmoil, Entertainment Arts is expected to outperform it slightly.
Entertainment Fundamentals
| Return On Equity | -0.84 | |||
| Return On Asset | -0.46 | |||
| Current Valuation | 4.98 M | |||
| Shares Outstanding | 109.94 M | |||
| Price To Earning | (31.90) X | |||
| Revenue | 141.85 K | |||
| EBITDA | (1.48 M) | |||
| Net Income | (615.19 K) | |||
| Cash And Equivalents | 2.88 M | |||
| Cash Per Share | 0.79 X | |||
| Total Debt | 50.13 K | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 6.70 X | |||
| Book Value Per Share | (1.29) X | |||
| Cash Flow From Operations | (5.74 K) | |||
| Earnings Per Share | (0.41) X | |||
| Beta | -0.95 | |||
| Market Capitalization | 4.49 M | |||
| Total Asset | 479.87 K | |||
| Retained Earnings | (7.11 M) | |||
| Working Capital | (620 K) | |||
| Current Asset | 11 K | |||
| Current Liabilities | 631 K | |||
| Z Score | 22.7 | |||
| Net Asset | 479.87 K |
About Entertainment Arts Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Entertainment Arts Research's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Entertainment Arts using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Entertainment Arts Research 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 Entertainment Arts
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 Entertainment Arts 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 Entertainment Arts will appreciate offsetting losses from the drop in the long position's value.Moving together with Entertainment Pink Sheet
| 0.66 | FMX | Fomento Economico Earnings Call This Week | PairCorr |
| 0.66 | BUDFF | Anheuser Busch InBev | PairCorr |
| 0.63 | BUD | Anheuser Busch Inbev Financial Report 2nd of May 2024 | PairCorr |
| 0.74 | HINKF | Heineken NV | PairCorr |
Moving against Entertainment Pink Sheet
| 0.8 | SMFG | Sumitomo Mitsui Financial Financial Report 20th of May 2024 | PairCorr |
| 0.8 | MZHOF | Mizuho Financial | PairCorr |
| 0.78 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
| 0.77 | MFG | Mizuho Financial Financial Report 20th of May 2024 | PairCorr |
| 0.73 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
The ability to find closely correlated positions to Entertainment Arts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entertainment Arts 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 Entertainment Arts - 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 Entertainment Arts Research to buy it.
The correlation of Entertainment Arts 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 Entertainment Arts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entertainment Arts 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 Entertainment Arts 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 Entertainment Arts Research. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Entertainment Pink Sheet analysis
When running Entertainment Arts' price analysis, check to measure Entertainment Arts' 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 Entertainment Arts is operating at the current time. Most of Entertainment Arts' value examination focuses on studying past and present price action to predict the probability of Entertainment Arts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entertainment Arts' price. Additionally, you may evaluate how the addition of Entertainment Arts to your portfolios can decrease your overall portfolio volatility.
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