Comcast Holdings Corp Stock Beta

CCZ Stock

USD 64.00 0.00 0.00%

Comcast Holdings Corp fundamentals help investors to digest information that contributes to Comcast Holdings' financial success or failures. It also enables traders to predict the movement of Comcast Stock. The fundamental analysis module provides a way to measure Comcast Holdings' 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 Comcast Holdings stock.

Short Long Term Debt Total Total Assets

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Comcast Holdings Corp Company Beta Analysis

Comcast Holdings' 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.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Comcast Holdings Beta

-0.34

Most of Comcast Holdings' 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, Comcast Holdings Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Comcast Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Comcast Holdings is extremely important. It helps to project a fair market value of Comcast Stock properly, considering its historical fundamentals such as Beta. Since Comcast Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Comcast Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Comcast Holdings' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Short Term Investments	Current Deferred Revenue	Good Will	Total Permanent Equity	Deferred Long Term Liab	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments
Total Assets		0.98	0.95	0.93	0.96	0.99	0.95	0.43	0.97	0.85	0.76	0.29	-0.19	0.85	0.49	0.61	0.72	0.85	-0.67	0.84	0.15	0.53
Total Stockholder Equity	0.98		0.92	0.96	0.95	0.97	0.94	0.42	0.96	0.83	0.74	0.26	-0.16	0.84	0.53	0.57	0.7	0.85	-0.61	0.82	0.16	0.53
Net Debt	0.95	0.92		0.93	0.95	0.97	0.88	0.43	0.92	0.77	0.61	0.35	-0.01	0.9	0.65	0.43	0.56	0.88	-0.81	0.93	0.07	0.58
Retained Earnings	0.93	0.96	0.93		0.96	0.93	0.91	0.34	0.96	0.68	0.52	0.39	0.12	0.87	0.63	0.34	0.47	0.93	-0.65	0.9	0.25	0.66
Net Receivables	0.96	0.95	0.95	0.96		0.97	0.93	0.44	0.96	0.72	0.62	0.34	-0.02	0.81	0.61	0.48	0.58	0.91	-0.64	0.87	0.23	0.55
Total Liab	0.99	0.97	0.97	0.93	0.97		0.94	0.44	0.96	0.84	0.73	0.3	-0.14	0.86	0.54	0.58	0.69	0.86	-0.72	0.87	0.13	0.52
Total Current Assets	0.95	0.94	0.88	0.91	0.93	0.94		0.46	0.92	0.76	0.66	0.24	-0.09	0.8	0.45	0.52	0.62	0.82	-0.61	0.82	0.26	0.56
Short Term Debt	0.43	0.42	0.43	0.34	0.44	0.44	0.46		0.27	0.41	0.55	-0.38	-0.43	0.19	0.4	0.56	0.54	0.23	-0.26	0.26	-0.05	-0.08
Accounts Payable	0.97	0.96	0.92	0.96	0.96	0.96	0.92	0.27		0.77	0.64	0.37	-0.04	0.85	0.5	0.5	0.6	0.9	-0.59	0.84	0.23	0.58
Intangible Assets	0.85	0.83	0.77	0.68	0.72	0.84	0.76	0.41	0.77		0.9	-0.02	-0.48	0.76	0.41	0.77	0.89	0.65	-0.59	0.63	-0.16	0.28
Common Stock	0.76	0.74	0.61	0.52	0.62	0.73	0.66	0.55	0.64	0.9		-0.16	-0.76	0.46	0.17	0.93	1.0	0.42	-0.34	0.36	-0.11	0.04
Short Term Investments	0.29	0.26	0.35	0.39	0.34	0.3	0.24	-0.38	0.37	-0.02	-0.16		0.47	0.34	0.02	-0.21	-0.19	0.43	-0.23	0.46	0.56	0.63
Current Deferred Revenue	-0.19	-0.16	-0.01	0.12	-0.02	-0.14	-0.09	-0.43	-0.04	-0.48	-0.76	0.47		0.17	0.3	-0.8	-0.79	0.25	-0.11	0.3	0.33	0.47
Good Will	0.85	0.84	0.9	0.87	0.81	0.86	0.8	0.19	0.85	0.76	0.46	0.34	0.17		0.65	0.27	0.42	0.88	-0.82	0.95	0.0	0.68
Total Permanent Equity	0.49	0.53	0.65	0.63	0.61	0.54	0.45	0.4	0.5	0.41	0.17	0.02	0.3	0.65		0.08	0.13	0.72	-0.6	0.7	-0.12	0.24
Deferred Long Term Liab	0.61	0.57	0.43	0.34	0.48	0.58	0.52	0.56	0.5	0.77	0.93	-0.21	-0.8	0.27	0.08		0.94	0.29	-0.17	0.18	-0.01	-0.2
Treasury Stock	0.72	0.7	0.56	0.47	0.58	0.69	0.62	0.54	0.6	0.89	1.0	-0.19	-0.79	0.42	0.13	0.94		0.37	-0.31	0.31	-0.15	-0.01
Property Plant Equipment	0.85	0.85	0.88	0.93	0.91	0.86	0.82	0.23	0.9	0.65	0.42	0.43	0.25	0.88	0.72	0.29	0.37		-0.6	0.93	0.32	0.67
Net Tangible Assets	-0.67	-0.61	-0.81	-0.65	-0.64	-0.72	-0.61	-0.26	-0.59	-0.59	-0.34	-0.23	-0.11	-0.82	-0.6	-0.17	-0.31	-0.6		-0.81	0.22	-0.39
Long Term Debt Total	0.84	0.82	0.93	0.9	0.87	0.87	0.82	0.26	0.84	0.63	0.36	0.46	0.3	0.95	0.7	0.18	0.31	0.93	-0.81		0.18	0.73
Capital Surpluse	0.15	0.16	0.07	0.25	0.23	0.13	0.26	-0.05	0.23	-0.16	-0.11	0.56	0.33	0.0	-0.12	-0.01	-0.15	0.32	0.22	0.18		0.35
Long Term Investments	0.53	0.53	0.58	0.66	0.55	0.52	0.56	-0.08	0.58	0.28	0.04	0.63	0.47	0.68	0.24	-0.2	-0.01	0.67	-0.39	0.73	0.35

Click cells to compare fundamentals

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, Comcast Holdings Corp has a Beta of -0.34. This is 126.56% lower than that of the Diversified Telecommunication Services sector and 135.05% lower than that of the Communication Services industry. The beta for all United States stocks is 126.67% higher than that of the company.

Comcast Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comcast Holdings' 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 Comcast Holdings could also be used in its relative valuation, which is a method of valuing Comcast Holdings by comparing valuation metrics of similar companies.

Comcast Holdings is currently under evaluation in beta category among its peers.

Comcast Holdings ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Comcast Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Comcast Holdings' managers, analysts, and investors.

Environmental

Governance

Social

As returns on the market increase, returns on owning Comcast Holdings are expected to decrease at a much lower rate. During the bear market, Comcast Holdings is likely to outperform the market.

Comcast Fundamentals

	Price To Earning	47.36 X
	Revenue	123.73 B
	EBITDA	29.34 B
	Net Income	15.88 B
	Cash And Equivalents	1.25 B
	Cash Per Share	1.32 X
	Total Debt	99.09 B
	Debt To Equity	39.50 %
	Current Ratio	0.56 X
	Book Value Per Share	21.60 X
	Cash Flow From Operations	27.67 B
	Target Price	0.19
	Beta	-0.34
	Market Capitalization	60.62 B
	Total Asset	266.21 B
	Retained Earnings	56.97 B
	Working Capital	400.1 M
	Current Asset	3.2 B
	Current Liabilities	2.8 B
	Annual Yield	0.03 %
	Net Asset	266.21 B
	Last Dividend Paid	0.37

About Comcast Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Comcast Holdings Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comcast Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comcast Holdings Corp 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 Comcast Stock Analysis

When running Comcast Holdings' price analysis, check to measure Comcast Holdings' 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 Comcast Holdings is operating at the current time. Most of Comcast Holdings' value examination focuses on studying past and present price action to predict the probability of Comcast Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast Holdings' price. Additionally, you may evaluate how the addition of Comcast Holdings to your portfolios can decrease your overall portfolio volatility.

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