TATASTLBSL Beta

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:4em;padding-top: 25px;;'>TS</div>
TATA STEEL beta fundamental analysis lookup allows you to check this and other indicators for TATA STEEL BSL or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools

Search Beta

 
Refresh

TATASTLBSL Beta Analysis

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 TATA STEEL BSL Beta

-0.25

About Beta

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 recently published financial statements TATA STEEL BSL has Beta of -0.25. This is 128.74% lower than that of the Basic Materials sector, and 112.44% lower than that of Steel industry, The Beta for all stocks is 66.67% higher than the company.

Did you try this?

Run Fundamental Analysis Now

   

Fundamental Analysis

View fundamental data based on most recent published financial statements
All  Next Launch Module
As returns on market increase, returns on owning TATA STEEL are expected to decrease at a much smaller rate. During bear market, TATA STEEL is likely to outperform the market.

TATASTLBSL Fundamentals



Current Sentiment - TATASTLBSL

TATA STEEL BSL Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in TATA STEEL BSL. What is your outlook on investing in TATA STEEL BSL? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Currently Active Assets on Macroaxis

C   
Purchased over 60 shares of
few hours ago
Traded for 44.1
VMW   
Purchased over 20 shares of
few hours ago
Traded for 134.6
CRM   
Purchased few shares of
few hours ago
Traded for 177.85
S   
Purchased over 300 shares of
few hours ago
Traded for 8.62
GOOG   
Purchased few shares of
few hours ago
Traded for 1410.42
Check out World Market Map. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.


 
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page