Bank Of Queensland Stock Beta
| BOQPG Stock | 105.20 0.19 0.18% |
Bank of Queensland fundamentals help investors to digest information that contributes to Bank of Queensland's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of Queensland'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 Bank of Queensland stock.
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Bank of Queensland Company Beta Analysis
Bank of Queensland'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.
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In accordance with the recently published financial statements, Bank of Queensland has a Beta of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Banks - Regional (which currently averages 0.0) industry. The beta for all Australia stocks is 100.0% lower than that of the firm.
Bank Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of Queensland'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 Bank of Queensland could also be used in its relative valuation, which is a method of valuing Bank of Queensland by comparing valuation metrics of similar companies.Bank of Queensland is currently under evaluation in beta category among its peers.
About Bank of Queensland Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank of Queensland's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of Queensland using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of Queensland 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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Bank of Queensland financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of Queensland security.