Blue Lagoon Resources Stock Beta
| BLAGF Stock | USD 0.11 0.01 15.79% |
Blue Lagoon Resources fundamentals help investors to digest information that contributes to Blue Lagoon's financial success or failures. It also enables traders to predict the movement of Blue OTC Stock. The fundamental analysis module provides a way to measure Blue Lagoon'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 Blue Lagoon otc stock.
Blue |
Blue Lagoon Resources OTC Stock Beta Analysis
Blue Lagoon'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 Blue Lagoon Beta | 1.15 |
Most of Blue Lagoon'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, Blue Lagoon Resources 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, Blue Lagoon Resources has a Beta of 1.1483. This is 31.99% higher than that of the Basic Materials sector and notably higher than that of the Gold industry. The beta for all United States stocks is notably lower than that of the firm.
Blue Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blue Lagoon's 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 Blue Lagoon could also be used in its relative valuation, which is a method of valuing Blue Lagoon by comparing valuation metrics of similar companies.Blue Lagoon is currently under evaluation in beta category among its peers.
Blue Lagoon returns are very sensitive to returns on the market. As the market goes up or down, Blue Lagoon is expected to follow.
Blue Fundamentals
| Return On Equity | -0.45 | |||
| Return On Asset | -0.28 | |||
| Current Valuation | 11.88 M | |||
| Shares Outstanding | 101.36 M | |||
| Shares Owned By Insiders | 3.52 % | |||
| Price To Book | 0.83 X | |||
| Price To Sales | 161.47 X | |||
| EBITDA | (10.61 M) | |||
| Net Income | (15.3 M) | |||
| Cash And Equivalents | 8.3 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 55.09 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 16.42 X | |||
| Book Value Per Share | 0.28 X | |||
| Cash Flow From Operations | (9.27 M) | |||
| Earnings Per Share | (0.07) X | |||
| Beta | 1.15 | |||
| Market Capitalization | 21.44 M | |||
| Total Asset | 34.27 M | |||
| Net Asset | 34.27 M |
About Blue Lagoon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blue Lagoon Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Lagoon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Lagoon Resources 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.
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Other Information on Investing in Blue OTC Stock
Blue Lagoon financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Lagoon security.