FUTURE Beta

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FUTURE LIFESTYLE beta fundamental analysis lookup allows you to check this and other indicators for FUTURE LIFESTYLE FASHIONS or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools

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FUTURE Beta Analysis

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.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current FUTURE LIFESTYLE FASHIONS Beta

0.93

About Beta

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. Compare to competition
In accordance with the recently published financial statements FUTURE LIFESTYLE FASHIONS has Beta of 0.93. This is 10.71% higher than that of the Consumer Cyclical sector, and 12.26% lower than that of Apparel Stores industry, The Beta for all stocks is 720.0% lower than the firm.

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Let's try to break down what FUTURE's beta means in this case. FUTURE LIFESTYLE returns are very sensitive to returns on the market. As the market goes up or down, FUTURE LIFESTYLE is expected to follow.

FUTURE Fundamentals



 
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