Magnis Energy Technologies Stock Beta
| U1P Stock | EUR 0.02 0.00 0.00% |
Magnis Energy Technologies fundamentals help investors to digest information that contributes to Magnis Energy's financial success or failures. It also enables traders to predict the movement of Magnis Stock. The fundamental analysis module provides a way to measure Magnis Energy'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 Magnis Energy stock.
Magnis |
Magnis Energy Technologies Company Beta Analysis
Magnis Energy'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 Magnis Energy Beta | 1.15 |
Most of Magnis Energy'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, Magnis Energy Technologies 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, Magnis Energy Technologies has a Beta of 1.1541. This is 8.88% higher than that of the Technology sector and 39.89% lower than that of the Electronic Components industry. The beta for all Germany stocks is notably lower than that of the firm.
Magnis Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magnis Energy'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 Magnis Energy could also be used in its relative valuation, which is a method of valuing Magnis Energy by comparing valuation metrics of similar companies.Magnis Energy 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, Magnis Energy will likely underperform.
Magnis Fundamentals
| Return On Equity | -1.17 | |||
| Return On Asset | -0.0952 | |||
| Current Valuation | 311.66 M | |||
| Shares Outstanding | 970.33 M | |||
| Shares Owned By Insiders | 14.15 % | |||
| Shares Owned By Institutions | 0.12 % | |||
| Price To Book | 8.54 X | |||
| Price To Sales | 1,000,000 X | |||
| Revenue | 2 | |||
| Gross Profit | (1.1 M) | |||
| EBITDA | (50.86 M) | |||
| Net Income | (40.82 M) | |||
| Cash And Equivalents | 3.95 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 145.11 M | |||
| Current Ratio | 10.68 X | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (47.11 M) | |||
| Earnings Per Share | (0.04) X | |||
| Number Of Employees | 20 | |||
| Beta | 1.15 | |||
| Market Capitalization | 218.32 M | |||
| Total Asset | 228.64 M | |||
| Z Score | 0.6 | |||
| Net Asset | 228.64 M |
About Magnis Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magnis Energy Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magnis Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magnis Energy Technologies 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Magnis Energy Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Magnis Stock analysis
When running Magnis Energy's price analysis, check to measure Magnis Energy'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 Magnis Energy is operating at the current time. Most of Magnis Energy's value examination focuses on studying past and present price action to predict the probability of Magnis Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnis Energy's price. Additionally, you may evaluate how the addition of Magnis Energy to your portfolios can decrease your overall portfolio volatility.
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