Carnival Industrial Corp Stock Beta
| 1417 Stock | TWD 9.99 0.02 0.20% |
Carnival Industrial Corp fundamentals help investors to digest information that contributes to Carnival Industrial's financial success or failures. It also enables traders to predict the movement of Carnival Stock. The fundamental analysis module provides a way to measure Carnival Industrial'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 Carnival Industrial stock.
Carnival |
Carnival Industrial Corp Company Beta Analysis
Carnival Industrial'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 Carnival Industrial Beta | 0.88 |
Most of Carnival Industrial'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, Carnival Industrial Corp 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, Carnival Industrial Corp has a Beta of 0.8828. This is 5.1% higher than that of the Textiles, Apparel & Luxury Goods sector and 16.72% lower than that of the Consumer Discretionary industry. The beta for all Taiwan stocks is notably lower than that of the firm.
Carnival Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carnival Industrial'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 Carnival Industrial could also be used in its relative valuation, which is a method of valuing Carnival Industrial by comparing valuation metrics of similar companies.Carnival Industrial is currently under evaluation in beta category among its peers.
Carnival Industrial returns are very sensitive to returns on the market. As the market goes up or down, Carnival Industrial is expected to follow.
Carnival Fundamentals
| Return On Equity | -0.0016 | |||
| Return On Asset | -0.0068 | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 2.64 B | |||
| Shares Outstanding | 189.94 M | |||
| Shares Owned By Insiders | 39.33 % | |||
| Shares Owned By Institutions | 2.08 % | |||
| Price To Earning | 0.49 X | |||
| Price To Book | 0.98 X | |||
| Price To Sales | 1.75 X | |||
| Revenue | 1.32 B | |||
| Gross Profit | 639.68 M | |||
| EBITDA | 161.63 M | |||
| Net Income | 97.71 M | |||
| Cash And Equivalents | 1.64 B | |||
| Cash Per Share | 4.31 X | |||
| Total Debt | 302.93 M | |||
| Debt To Equity | 8.60 % | |||
| Current Ratio | 4.27 X | |||
| Book Value Per Share | 14.36 X | |||
| Cash Flow From Operations | (477.65 M) | |||
| Earnings Per Share | 0.01 X | |||
| Number Of Employees | 19 | |||
| Beta | 0.88 | |||
| Market Capitalization | 2.71 B | |||
| Total Asset | 3.98 B | |||
| Retained Earnings | (112 M) | |||
| Working Capital | 1.95 B | |||
| Current Asset | 3.07 B | |||
| Current Liabilities | 1.12 B | |||
| Z Score | 4.8 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 3.98 B | |||
| Last Dividend Paid | 0.35 |
About Carnival Industrial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Carnival Industrial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carnival Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carnival Industrial Corp 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.Additional Tools for Carnival Stock Analysis
When running Carnival Industrial's price analysis, check to measure Carnival Industrial'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 Carnival Industrial is operating at the current time. Most of Carnival Industrial's value examination focuses on studying past and present price action to predict the probability of Carnival Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnival Industrial's price. Additionally, you may evaluate how the addition of Carnival Industrial to your portfolios can decrease your overall portfolio volatility.