Andrada Mining Ltd Stock Beta
| 9IA Stock | EUR 0.02 0.0005 2.04% |
ANDRADA MINING LTD fundamentals help investors to digest information that contributes to ANDRADA MINING's financial success or failures. It also enables traders to predict the movement of ANDRADA Stock. The fundamental analysis module provides a way to measure ANDRADA 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 ANDRADA MINING stock.
ANDRADA |
ANDRADA MINING LTD Company Beta Analysis
ANDRADA 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 ANDRADA MINING Beta | 0.86 |
Most of ANDRADA 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, ANDRADA MINING LTD 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, ANDRADA MINING LTD has a Beta of 0.8557. This indicator is about the same for the Basic Materials average (which is currently at 0.87) sector and significantly higher than that of the Other Industrial Metals & Mining industry. The beta for all Germany stocks is notably lower than that of the firm.
ANDRADA Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ANDRADA 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 ANDRADA MINING could also be used in its relative valuation, which is a method of valuing ANDRADA MINING by comparing valuation metrics of similar companies.ANDRADA MINING is currently under evaluation in beta category among its peers.
ANDRADA MINING returns are very sensitive to returns on the market. As the market goes up or down, ANDRADA MINING is expected to follow.
ANDRADA Fundamentals
| Return On Equity | -0.11 | |||
| Return On Asset | -0.0467 | |||
| Profit Margin | (0.21) % | |||
| Operating Margin | (0.19) % | |||
| Shares Outstanding | 1.52 B | |||
| Shares Owned By Insiders | 32.97 % | |||
| Shares Owned By Institutions | 39.48 % | |||
| Revenue | 13.27 M | |||
| Gross Profit | 4.31 M | |||
| EBITDA | (756.83 K) | |||
| Net Income | (2.16 M) | |||
| Cash And Equivalents | 2.58 M | |||
| Total Debt | 2.7 M | |||
| Debt To Equity | 0.13 % | |||
| Current Ratio | 1.03 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (991.87 K) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 165 | |||
| Beta | 0.86 | |||
| Market Capitalization | 89.25 M | |||
| Z Score | 19.8 |
About ANDRADA MINING Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ANDRADA MINING LTD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ANDRADA MINING using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ANDRADA MINING LTD 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.
Currently Active Assets on Macroaxis
Other Information on Investing in ANDRADA Stock
ANDRADA MINING financial ratios help investors to determine whether ANDRADA 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 ANDRADA with respect to the benefits of owning ANDRADA MINING security.