SUPER Beta

SUPER SALES INDIA fundamentals help investors to digest information that contributes to SUPER SALES's financial success or failures. It also enables traders to predict the movement of SUPER Stock. The fundamental analysis module provides a way to measure SUPER SALES'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 SUPER SALES stock.
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SUPER Beta Analysis

SUPER SALES'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 SUPER SALES Beta

    
  1.2  
Most of SUPER SALES'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, SUPER SALES INDIA 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, SUPER SALES INDIA has a Beta of 1.2. This is 42.86% higher than that of the Consumer Cyclical sector and 5.51% lower than that of the Textile Manufacturing 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 SUPER'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, SUPER SALES will likely underperform.

SUPER Fundamentals

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 SUPER SALES 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, SUPER SALES's short interest history, or implied volatility extrapolated from SUPER SALES options trading.

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Other Tools for SUPER Stock

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