OMKAR Beta

OMKAR SPECIALITY CHEMICALS fundamentals help investors to digest information that contributes to OMKAR SPECIALITY's financial success or failures. It also enables traders to predict the movement of OMKAR Stock. This fundamental analysis module provides a way for investors to measures OMKAR SPECIALITY'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 OMKAR SPECIALITY 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.

OMKAR Beta 

 
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OMKAR Beta Analysis

OMKAR SPECIALITY'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 OMKAR SPECIALITY Beta

    
  1.51  
Most of OMKAR SPECIALITY'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, OMKAR SPECIALITY CHEMICALS 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, OMKAR SPECIALITY CHEMICALS has a Beta of 1.51. This is 73.56% higher than that of the Basic Materials sector and 37.27% higher than that of the Specialty Chemicals industry. The beta for all India stocks is notably lower than that of the firm.

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Let's try to break down what OMKAR's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, OMKAR SPECIALITY will likely underperform.

OMKAR Fundamentals

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as OMKAR SPECIALITY CHE 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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Check out Your Equity Center. Note that the OMKAR SPECIALITY CHE information on this page should be used as a complementary analysis to other OMKAR SPECIALITY'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Tools for OMKAR Stock

When running OMKAR SPECIALITY CHE price analysis, check to measure OMKAR SPECIALITY'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 OMKAR SPECIALITY is operating at the current time. Most of OMKAR SPECIALITY's value examination focuses on studying past and present price action to predict the probability of OMKAR SPECIALITY's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OMKAR SPECIALITY's price. Additionally, you may evaluate how the addition of OMKAR SPECIALITY to your portfolios can decrease your overall portfolio volatility.
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