Mitsui Mining Smelting Stock Beta

MMG Stock  EUR 28.00  0.40  1.41%   
Mitsui Mining Smelting fundamentals help investors to digest information that contributes to Mitsui Mining's financial success or failures. It also enables traders to predict the movement of Mitsui Stock. The fundamental analysis module provides a way to measure Mitsui Mining'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 Mitsui Mining stock.
  
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Mitsui Beta Analysis

Mitsui Mining'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.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Mitsui Mining Beta

    
  1.24  
Most of Mitsui Mining'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, Mitsui Mining Smelting 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, Mitsui Mining Smelting has a Beta of 1.2417. This is 42.72% higher than that of the Basic Materials sector and 6.13% higher than that of the Industrial Metals & Minerals industry. The beta for all Germany stocks is notably lower than that of the firm.

Mitsui Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mitsui Mining's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mitsui Mining could also be used in its relative valuation, which is a method of valuing Mitsui Mining by comparing valuation metrics of similar companies.
Mitsui Mining 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, Mitsui Mining will likely underperform.

Mitsui Fundamentals

About Mitsui Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mitsui Mining Smelting's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitsui Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitsui Mining Smelting 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.
Mitsui Mining Smelting Co., Ltd. produces and sells nonferrous metal products in Japan. The company was founded in 1950 and is headquartered in Tokyo, Japan. MITSUI MNG operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12498 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mitsui Mining in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mitsui Mining's short interest history, or implied volatility extrapolated from Mitsui Mining options trading.

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Check out Mitsui Mining Piotroski F Score and Mitsui Mining Altman Z Score analysis.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Mitsui Stock analysis

When running Mitsui Mining's price analysis, check to measure Mitsui Mining'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 Mitsui Mining is operating at the current time. Most of Mitsui Mining's value examination focuses on studying past and present price action to predict the probability of Mitsui Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsui Mining's price. Additionally, you may evaluate how the addition of Mitsui Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mitsui Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitsui Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitsui Mining'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.