Freeport Resources Stock Beta
| FEERF Stock | USD 0.04 0 4.46% |
Freeport Resources fundamentals help investors to digest information that contributes to Freeport Resources' financial success or failures. It also enables traders to predict the movement of Freeport OTC Stock. The fundamental analysis module provides a way to measure Freeport Resources' 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 Freeport Resources otc stock.
Freeport |
Freeport Resources OTC Stock Beta Analysis
Freeport Resources' 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 Freeport Resources Beta | 2.16 |
Most of Freeport Resources' 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, Freeport Resources 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, Freeport Resources has a Beta of 2.1616. This is 148.46% higher than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The beta for all United States stocks is notably lower than that of the firm.
Freeport Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Freeport Resources' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Freeport Resources could also be used in its relative valuation, which is a method of valuing Freeport Resources by comparing valuation metrics of similar companies.Freeport Resources 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, Freeport Resources will likely underperform.
Freeport Fundamentals
| Return On Equity | -1.21 | |||
| Return On Asset | -0.6 | |||
| Current Valuation | 1.46 M | |||
| Shares Outstanding | 126.01 M | |||
| Shares Owned By Insiders | 0.82 % | |||
| Price To Book | 3.04 X | |||
| Gross Profit | (4.09 M) | |||
| EBITDA | (5.91 M) | |||
| Net Income | (6.47 M) | |||
| Cash And Equivalents | 925.13 K | |||
| Cash Per Share | 0.01 X | |||
| Current Ratio | 3.24 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (1.44 M) | |||
| Earnings Per Share | (0.06) X | |||
| Beta | 2.16 | |||
| Market Capitalization | 6.56 M | |||
| Total Asset | 1.61 M | |||
| Z Score | -9.9 | |||
| Net Asset | 1.61 M |
About Freeport Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Freeport Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freeport Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freeport Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
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Complementary Tools for Freeport OTC Stock analysis
When running Freeport Resources' price analysis, check to measure Freeport Resources' 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 Freeport Resources is operating at the current time. Most of Freeport Resources' value examination focuses on studying past and present price action to predict the probability of Freeport Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport Resources' price. Additionally, you may evaluate how the addition of Freeport Resources to your portfolios can decrease your overall portfolio volatility.
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