Saltx Technology Hldg Stock Beta
| 7X9 Stock | EUR 0.27 0.01 3.85% |
SALTX TECHNOLOGY HLDG fundamentals help investors to digest information that contributes to SALTX TECHNOLOGY's financial success or failures. It also enables traders to predict the movement of SALTX Stock. The fundamental analysis module provides a way to measure SALTX TECHNOLOGY'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 SALTX TECHNOLOGY stock.
SALTX |
SALTX TECHNOLOGY HLDG Company Beta Analysis
SALTX TECHNOLOGY'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 SALTX TECHNOLOGY Beta | 1.26 |
Most of SALTX TECHNOLOGY'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, SALTX TECHNOLOGY HLDG 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, SALTX TECHNOLOGY HLDG has a Beta of 1.2569. This is 8.26% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The beta for all Germany stocks is notably lower than that of the firm.
SALTX Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SALTX TECHNOLOGY'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 SALTX TECHNOLOGY could also be used in its relative valuation, which is a method of valuing SALTX TECHNOLOGY by comparing valuation metrics of similar companies.SALTX TECHNOLOGY is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SALTX TECHNOLOGY will likely underperform.
SALTX Fundamentals
| Return On Equity | -0.42 | |||
| Return On Asset | -0.19 | |||
| Shares Outstanding | 121.1 M | |||
| Shares Owned By Institutions | 2.83 % | |||
| Gross Profit | (14.7 M) | |||
| Debt To Equity | 0.23 % | |||
| Current Ratio | 7.83 X | |||
| Book Value Per Share | 0.28 X | |||
| Earnings Per Share | (0.1) X | |||
| Beta | 1.26 | |||
| Market Capitalization | 61.9 M |
About SALTX TECHNOLOGY Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SALTX TECHNOLOGY HLDG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SALTX TECHNOLOGY using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SALTX TECHNOLOGY HLDG 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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Other Information on Investing in SALTX Stock
SALTX TECHNOLOGY financial ratios help investors to determine whether SALTX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SALTX with respect to the benefits of owning SALTX TECHNOLOGY security.