1st Prestige Beta vs. Current Asset

FPWM -- USA Stock  

USD 0.15  0.36  70.59%

The Drivers Module shows relationships between 1st Prestige's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of 1st Prestige Wealth over time as well as its relative position and ranking within its peers. Additionally see Investing Opportunities

1st Prestige Wealth Current Asset vs. Beta Fundamental Analysis

1st Prestige Wealth is rated below average in beta category among related companies. It is rated # 4 in current asset category among related companies .
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 financial 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 market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
1st Prestige 
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.
Current Asset is all of company's assets that can be used to pay off current liabilities within current fiscal period or over next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
1st Prestige 
Current Asset 
Liquid Assets 
3.38 M
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets, since these assets can be easily liquidated in case the company goes bankrupt. However it is usually not enough to know if a company is in a good shape just based on current asset alone; the amount of current liabilities should always be considered.

1st Prestige Current Asset Comparison

  Current Asset 
      1st Prestige Comparables 
1st Prestige is currently under evaluation in current asset category among related companies.

Beta Analysis

As returns on market increase, returns on owning 1st Prestige are expected to decrease by larger amounts. On the other hand, during market turmoil, 1st Prestige is expected to significantly outperform it.

1st Prestige Fundamental Comparison

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