Gitennes Beta

GILXF -  USA Stock  

USD 0.04  0.0049  13.96%

Gitennes Expl fundamentals help investors to digest information that contributes to Gitennes Expl's financial success or failures. It also enables traders to predict the movement of Gitennes OTC Stock. This fundamental analysis module provides a way for investors to measures Gitennes Expl's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gitennes Expl otc stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Gitennes Beta 

 
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Gitennes Beta Analysis

Gitennes Expl'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 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 Gitennes Expl Beta

    
  0.36  
Most of Gitennes Expl'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, Gitennes Expl 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.
Compare to competition

In accordance with the recently published financial statements, Gitennes Expl has a Beta of 0.36. This is 58.62% lower than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The beta for all United States stocks is notably lower than that of the firm.

Gitennes Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gitennes Expl's 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 Gitennes Expl could also be used in its relative valuation, which is a method of valuing Gitennes Expl by comparing valuation metrics of similar companies.
Gitennes Expl is currently under evaluation in beta category among related companies.
Let's try to break down what Gitennes's beta means in this case. As returns on the market increase, Gitennes Expl returns are expected to increase less than the market. However, during the bear market, the loss on holding Gitennes Expl will be expected to be smaller as well.

Gitennes Fundamentals

About Gitennes Expl Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Gitennes Expl's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gitennes Expl using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gitennes Expl 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.
Gitennes Exploration Inc., a junior mineral exploration company, explores for mineral deposits in Peru and Canada. In addition, it has an option to acquire 100 percent interest in the JMW property located in northern Quebec, and a ten-claim property located in the Val-dOr region of Quebec and Maxwell property comprises 119 claims covering an area of approximately 6,642 hectares located in northern Quebec. Gitennes Expl operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Gitennes Expl without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Gitennes Expl using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Gitennes Expl Piotroski F Score and Gitennes Expl Altman Z Score analysis. Note that the Gitennes Expl information on this page should be used as a complementary analysis to other Gitennes Expl'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Complementary Tools for Gitennes OTC Stock analysis

When running Gitennes Expl price analysis, check to measure Gitennes Expl'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 Gitennes Expl is operating at the current time. Most of Gitennes Expl's value examination focuses on studying past and present price action to predict the probability of Gitennes Expl's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gitennes Expl's price. Additionally, you may evaluate how the addition of Gitennes Expl to your portfolios can decrease your overall portfolio volatility.
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Is Gitennes Expl'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 Gitennes Expl. If investors know Gitennes 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 Gitennes Expl listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Gitennes Expl is measured differently than its book value, which is the value of Gitennes that is recorded on the company's balance sheet. Investors also form their own opinion of Gitennes Expl's value that differs from its market value or its book value, called intrinsic value, which is Gitennes Expl'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 Gitennes Expl's market value can be influenced by many factors that don't directly affect Gitennes Expl'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 Gitennes Expl's value and its price as these two are different measures arrived at by different means. Investors typically determine Gitennes Expl value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gitennes Expl'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.