Arctic Blue Beverages Stock Beta
| ARCTIC Stock | 0.13 0.01 7.14% |
Arctic Blue Beverages fundamentals help investors to digest information that contributes to Arctic Blue's financial success or failures. It also enables traders to predict the movement of Arctic Stock. The fundamental analysis module provides a way to measure Arctic Blue'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 Arctic Blue stock.
Arctic |
Arctic Blue Beverages Company Beta Analysis
Arctic Blue'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.
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, Arctic Blue Beverages has a Beta of 0.0. This is 100.0% lower than that of the Consumer Defensive sector and about the same as Beverages-Wineries & Distilleries (which currently averages 0.0) industry. The beta for all Sweden stocks is 100.0% lower than that of the firm.
Arctic Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Arctic Blue'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 Arctic Blue could also be used in its relative valuation, which is a method of valuing Arctic Blue by comparing valuation metrics of similar companies.Arctic Blue is currently under evaluation in beta category among its peers.
Arctic Fundamentals
| Current Valuation | 18.62 M | |||
| Shares Outstanding | 24.39 M | |||
| Price To Book | 0.96 X | |||
| Price To Sales | 1.54 X | |||
| Book Value Per Share | 1.17 X | |||
| Market Capitalization | 21.02 M |
About Arctic Blue Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arctic Blue Beverages's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arctic Blue using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arctic Blue Beverages 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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Arctic Blue financial ratios help investors to determine whether Arctic 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 Arctic with respect to the benefits of owning Arctic Blue security.