Alliance Mining P Stock Beta
| X9E1 Stock | EUR 0.06 0.00 0.00% |
ALLIANCE MINING P fundamentals help investors to digest information that contributes to ALLIANCE MINING's financial success or failures. It also enables traders to predict the movement of ALLIANCE Stock. The fundamental analysis module provides a way to measure ALLIANCE MINING'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 ALLIANCE MINING stock.
ALLIANCE |
ALLIANCE MINING P Company Beta Analysis
ALLIANCE MINING'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 ALLIANCE MINING Beta | 0.58 |
Most of ALLIANCE MINING'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, ALLIANCE MINING P 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.
CompetitionIn accordance with the recently published financial statements, ALLIANCE MINING P has a Beta of 0.584. This is 32.87% lower than that of the Basic Materials sector and 116.3% higher than that of the Gold industry. The beta for all Germany stocks is notably lower than that of the firm.
ALLIANCE Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALLIANCE MINING'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 ALLIANCE MINING could also be used in its relative valuation, which is a method of valuing ALLIANCE MINING by comparing valuation metrics of similar companies.ALLIANCE MINING is currently under evaluation in beta category among related companies.
As returns on the market increase, ALLIANCE MINING's returns are expected to increase less than the market. However, during the bear market, the loss of holding ALLIANCE MINING is expected to be smaller as well.
ALLIANCE Fundamentals
| Return On Asset | -8.89 | |||
| Shares Outstanding | 8.74 M | |||
| Shares Owned By Insiders | 5.07 % | |||
| Net Income | (344.94 K) | |||
| Cash And Equivalents | 11.15 K | |||
| Total Debt | 184.41 K | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0.34) X | |||
| Cash Flow From Operations | (340.17 K) | |||
| Earnings Per Share | (0.1) X | |||
| Beta | 0.58 | |||
| Market Capitalization | 1.01 M | |||
| Z Score | 3.0 |
About ALLIANCE MINING Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALLIANCE MINING P's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALLIANCE MINING using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALLIANCE MINING P 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 Your Current Watchlist to better understand how to build diversified portfolios. 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. Note that the ALLIANCE MINING P information on this page should be used as a complementary analysis to other ALLIANCE MINING'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 the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for ALLIANCE Stock analysis
When running ALLIANCE MINING's price analysis, check to measure ALLIANCE MINING'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 ALLIANCE MINING is operating at the current time. Most of ALLIANCE MINING's value examination focuses on studying past and present price action to predict the probability of ALLIANCE MINING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALLIANCE MINING's price. Additionally, you may evaluate how the addition of ALLIANCE MINING to your portfolios can decrease your overall portfolio volatility.
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