Zero Gravity Solutions Stock Beta
| ZGSI Stock | USD 0.90 0.00 0.00% |
Zero Gravity Solutions fundamentals help investors to digest information that contributes to Zero Gravity's financial success or failures. It also enables traders to predict the movement of Zero Pink Sheet. The fundamental analysis module provides a way to measure Zero Gravity'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 Zero Gravity pink sheet.
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Zero Gravity Solutions Company Beta Analysis
Zero Gravity'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 Zero Gravity Beta | 1.31 |
Most of Zero Gravity'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, Zero Gravity Solutions 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, Zero Gravity Solutions has a Beta of 1.3068. This is 50.21% higher than that of the Chemicals sector and 53.74% higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
Zero Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zero Gravity's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Zero Gravity could also be used in its relative valuation, which is a method of valuing Zero Gravity by comparing valuation metrics of similar companies.Zero Gravity 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, Zero Gravity will likely underperform.
Zero Fundamentals
| Return On Asset | -2.78 | |||
| Operating Margin | (60.34) % | |||
| Current Valuation | 37.9 M | |||
| Shares Outstanding | 39.8 M | |||
| Shares Owned By Insiders | 46.44 % | |||
| Price To Earning | (45.92) X | |||
| Price To Sales | 0.0006 X | |||
| Revenue | 45.26 K | |||
| Gross Profit | 5.17 K | |||
| EBITDA | (4.67 M) | |||
| Net Income | (5.44 M) | |||
| Cash And Equivalents | 504.56 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 2.59 M | |||
| Debt To Equity | 263.60 % | |||
| Current Ratio | 0.60 X | |||
| Book Value Per Share | (0.07) X | |||
| Cash Flow From Operations | (4.14 M) | |||
| Earnings Per Share | (0.18) X | |||
| Number Of Employees | 17 | |||
| Beta | 1.31 | |||
| Market Capitalization | 39 | |||
| Total Asset | 552.15 K | |||
| Retained Earnings | (16.5 M) | |||
| Working Capital | 681 K | |||
| Current Asset | 1.11 M | |||
| Current Liabilities | 432 K | |||
| Z Score | -65.8 | |||
| Net Asset | 552.15 K |
About Zero Gravity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zero Gravity Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zero Gravity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zero Gravity Solutions 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 Zero Gravity 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, Zero Gravity's short interest history, or implied volatility extrapolated from Zero Gravity options trading.
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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, which includes a position in Zero Gravity Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Zero Pink Sheet analysis
When running Zero Gravity's price analysis, check to measure Zero Gravity'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 Zero Gravity is operating at the current time. Most of Zero Gravity's value examination focuses on studying past and present price action to predict the probability of Zero Gravity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zero Gravity's price. Additionally, you may evaluate how the addition of Zero Gravity to your portfolios can decrease your overall portfolio volatility.
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