Joey New York Stock Beta
| JOEY Stock | USD 0.0003 0.00 0.00% |
Joey New York fundamentals help investors to digest information that contributes to Joey New's financial success or failures. It also enables traders to predict the movement of Joey Pink Sheet. The fundamental analysis module provides a way to measure Joey New'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 Joey New pink sheet.
Joey |
Joey New York Company Beta Analysis
Joey New'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 Joey New Beta | -0.77 |
Most of Joey New'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, Joey New York 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, Joey New York has a Beta of -0.7737. This is 162.9% lower than that of the Personal Products sector and 162.9% lower than that of the Consumer Staples industry. The beta for all United States stocks is notably higher than that of the company.
Joey Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Joey New'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 Joey New could also be used in its relative valuation, which is a method of valuing Joey New by comparing valuation metrics of similar companies.Joey New is currently under evaluation in beta category among related companies.
As returns on the market increase, returns on owning Joey New are expected to decrease at a much lower rate. During the bear market, Joey New is likely to outperform the market.
Joey Fundamentals
| Return On Asset | -4.27 | |||
| Operating Margin | (1.87) % | |||
| Current Valuation | 3.4 M | |||
| Shares Outstanding | 28.37 M | |||
| Price To Earning | 0.01 X | |||
| Price To Sales | 0.43 X | |||
| Revenue | 467.37 K | |||
| Gross Profit | 301.38 K | |||
| EBITDA | (1.13 M) | |||
| Net Income | (943.72 K) | |||
| Cash And Equivalents | 126.31 K | |||
| Current Ratio | 0.04 X | |||
| Book Value Per Share | (0.21) X | |||
| Cash Flow From Operations | (355.95 K) | |||
| Earnings Per Share | 0.22 X | |||
| Beta | -0.77 | |||
| Market Capitalization | 261.01 K | |||
| Total Asset | 386.14 K | |||
| Retained Earnings | (1.67 M) | |||
| Working Capital | (4.36 M) | |||
| Current Asset | 95 K | |||
| Current Liabilities | 4.46 M | |||
| Z Score | -24.4 | |||
| Net Asset | 386.14 K |
About Joey New Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Joey New York's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Joey New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Joey New York 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.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joey New York. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Joey New York information on this page should be used as a complementary analysis to other Joey New'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 the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Joey Pink Sheet analysis
When running Joey New's price analysis, check to measure Joey New'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 Joey New is operating at the current time. Most of Joey New's value examination focuses on studying past and present price action to predict the probability of Joey New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joey New's price. Additionally, you may evaluate how the addition of Joey New to your portfolios can decrease your overall portfolio volatility.
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