Ba69 Stock Beta
| BA69 Stock | 87.96 0.00 0.00% |
BA69 fundamentals help investors to digest information that contributes to BA69's financial success or failures. It also enables traders to predict the movement of BA69 Stock. The fundamental analysis module provides a way to measure BA69'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 BA69 stock.
BA69 |
BA69 Company Beta Analysis
BA69'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.
In accordance with the recently published financial statements, BA69 has a Beta of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Beta (which currently averages 0.0) industry. This indicator is about the same for all United Kingdom stocks average (which is currently at 0.0).
BA69 Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BA69'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 BA69 could also be used in its relative valuation, which is a method of valuing BA69 by comparing valuation metrics of similar companies.BA69 is currently under evaluation in beta category among its peers.
About BA69 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BA69's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BA69 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BA69 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 BA69 Stock Analysis
When running BA69's price analysis, check to measure BA69'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 BA69 is operating at the current time. Most of BA69's value examination focuses on studying past and present price action to predict the probability of BA69's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BA69's price. Additionally, you may evaluate how the addition of BA69 to your portfolios can decrease your overall portfolio volatility.