Angkor Resources Corp Stock Beta
| ANKOF Stock | USD 0.06 0.01 11.45% |
Angkor Resources Corp fundamentals help investors to digest information that contributes to Angkor Resources' financial success or failures. It also enables traders to predict the movement of Angkor OTC Stock. The fundamental analysis module provides a way to measure Angkor Resources' 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 Angkor Resources otc stock.
Angkor |
Angkor Resources Corp OTC Stock Beta Analysis
Angkor Resources' 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 Angkor Resources Beta | 0.52 |
Most of Angkor Resources' 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, Angkor Resources 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, Angkor Resources Corp has a Beta of 0.5177. This is 40.49% lower than that of the Metals & Mining sector and 91.74% higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
Angkor Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Angkor Resources' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Angkor Resources could also be used in its relative valuation, which is a method of valuing Angkor Resources by comparing valuation metrics of similar companies.Angkor Resources is currently under evaluation in beta category among its peers.
As returns on the market increase, Angkor Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Angkor Resources is expected to be smaller as well.
Angkor Fundamentals
| Return On Equity | -2.05 | |||
| Return On Asset | -0.28 | |||
| Current Valuation | 10.62 M | |||
| Shares Outstanding | 222.81 M | |||
| Shares Owned By Insiders | 27.34 % | |||
| Price To Earning | (5.79) X | |||
| Price To Book | 10.95 X | |||
| EBITDA | (2.58 M) | |||
| Net Income | (2.71 M) | |||
| Cash And Equivalents | 768.28 K | |||
| Total Debt | 2.51 M | |||
| Current Ratio | 0.23 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (1.08 M) | |||
| Earnings Per Share | (0.03) X | |||
| Number Of Employees | 14 | |||
| Beta | 0.52 | |||
| Market Capitalization | 16.68 M | |||
| Total Asset | 3.79 M | |||
| Z Score | 3.6 | |||
| Net Asset | 3.79 M |
About Angkor Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Angkor Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Angkor Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Angkor Resources Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Angkor OTC Stock
Angkor Resources financial ratios help investors to determine whether Angkor OTC 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 Angkor with respect to the benefits of owning Angkor Resources security.