Careium Ab Stock Beta
| CARE Stock | 29.50 0.40 1.34% |
Careium AB fundamentals help investors to digest information that contributes to Careium AB's financial success or failures. It also enables traders to predict the movement of Careium Stock. The fundamental analysis module provides a way to measure Careium AB'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 Careium AB stock.
Careium |
Careium AB Company Beta Analysis
Careium AB'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, Careium AB 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 Sweden stocks average (which is currently at 0.0).
Careium Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Careium AB'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 Careium AB could also be used in its relative valuation, which is a method of valuing Careium AB by comparing valuation metrics of similar companies.Careium AB is currently under evaluation in beta category among its peers.
Careium Fundamentals
| Current Valuation | 382.12 M | |||
| Shares Outstanding | 24.33 M | |||
| Shares Owned By Insiders | 9.64 % | |||
| Shares Owned By Institutions | 56.21 % | |||
| Price To Book | 0.42 X | |||
| Price To Sales | 0.34 X | |||
| Revenue | 587.5 M | |||
| EBITDA | 67.8 M | |||
| Net Income | 4.5 M | |||
| Total Debt | 250.9 M | |||
| Book Value Per Share | 0.26 X | |||
| Cash Flow From Operations | (19.8 M) | |||
| Earnings Per Share | (0.20) X | |||
| Target Price | 25.0 | |||
| Market Capitalization | 228.64 M | |||
| Total Asset | 1.05 B | |||
| Net Asset | 1.05 B |
About Careium AB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Careium AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Careium AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Careium AB 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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Additional Tools for Careium Stock Analysis
When running Careium AB's price analysis, check to measure Careium AB'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 Careium AB is operating at the current time. Most of Careium AB's value examination focuses on studying past and present price action to predict the probability of Careium AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Careium AB's price. Additionally, you may evaluate how the addition of Careium AB to your portfolios can decrease your overall portfolio volatility.