Tri Continental Closed Stock Beta
| TY Stock | USD 29.92 0.27 0.91% |
Tri Continental Closed fundamentals help investors to digest information that contributes to Tri Continental's financial success or failures. It also enables traders to predict the movement of Tri Stock. The fundamental analysis module provides a way to measure Tri Continental'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 Tri Continental stock.
Tri | Beta |
Tri Continental Closed Company Beta Analysis
Tri Continental'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 Tri Continental Beta | 0.96 |
Most of Tri Continental'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, Tri Continental Closed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tri Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Tri Continental is extremely important. It helps to project a fair market value of Tri Stock properly, considering its historical fundamentals such as Beta. Since Tri Continental's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tri Continental's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tri Continental's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Tri Continental Closed has a Beta of 0.955. This is 16.46% higher than that of the Capital Markets sector and 21.72% lower than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Tri Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tri Continental'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 Tri Continental could also be used in its relative valuation, which is a method of valuing Tri Continental by comparing valuation metrics of similar companies.Tri Continental is currently under evaluation in beta category among related companies.
Tri Continental Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tri Continental from analyzing Tri Continental's financial statements. These drivers represent accounts that assess Tri Continental's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tri Continental's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.5B | 1.5B | 1.8B | 1.4B | 1.5B | 1.7B | |
| Enterprise Value | 1.5B | 1.5B | 1.8B | 1.4B | 1.5B | 1.7B |
Tri Continental ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tri Continental's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tri Continental's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Tri Continental returns are very sensitive to returns on the market. As the market goes up or down, Tri Continental is expected to follow.
Tri Fundamentals
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0221 | |||
| Profit Margin | 3.77 % | |||
| Operating Margin | 0.88 % | |||
| Current Valuation | 1.47 B | |||
| Shares Outstanding | 52.03 M | |||
| Shares Owned By Institutions | 13.12 % | |||
| Number Of Shares Shorted | 804.68 K | |||
| Price To Earning | 7.40 X | |||
| Price To Book | 0.91 X | |||
| Price To Sales | 23.18 X | |||
| Revenue | 85.94 M | |||
| Gross Profit | 68.21 M | |||
| EBITDA | 253.08 M | |||
| Net Income | 253.08 M | |||
| Cash And Equivalents | 57.25 K | |||
| Total Debt | 189.55 K | |||
| Current Ratio | 1.46 X | |||
| Book Value Per Share | 32.66 X | |||
| Cash Flow From Operations | 435.7 M | |||
| Short Ratio | 20.18 X | |||
| Earnings Per Share | 4.78 X | |||
| Beta | 0.96 | |||
| Market Capitalization | 1.56 B | |||
| Total Asset | 1.75 B | |||
| Retained Earnings | 269.92 M | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 1.75 B | |||
| Last Dividend Paid | 1.11 |
About Tri Continental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tri Continental Closed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tri Continental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tri Continental Closed 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.
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 Tri Continental 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, Tri Continental's short interest history, or implied volatility extrapolated from Tri Continental options trading.
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Check out Tri Continental Piotroski F Score and Tri Continental Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Tri Stock analysis
When running Tri Continental's price analysis, check to measure Tri Continental'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 Tri Continental is operating at the current time. Most of Tri Continental's value examination focuses on studying past and present price action to predict the probability of Tri Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri Continental's price. Additionally, you may evaluate how the addition of Tri Continental to your portfolios can decrease your overall portfolio volatility.
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Is Tri Continental's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tri Continental. If investors know Tri will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tri Continental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.8 | Dividend Share 1.114 | Earnings Share 4.78 | Revenue Per Share 1.281 | Quarterly Revenue Growth 0.011 |
The market value of Tri Continental Closed is measured differently than its book value, which is the value of Tri that is recorded on the company's balance sheet. Investors also form their own opinion of Tri Continental's value that differs from its market value or its book value, called intrinsic value, which is Tri Continental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tri Continental's market value can be influenced by many factors that don't directly affect Tri Continental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tri Continental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tri Continental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tri Continental'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.