Concorde Gaming Stock Beta
| CGAM Stock | USD 0.0001 0.00 0.00% |
Concorde Gaming fundamentals help investors to digest information that contributes to Concorde Gaming's financial success or failures. It also enables traders to predict the movement of Concorde Pink Sheet. The fundamental analysis module provides a way to measure Concorde Gaming'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 Concorde Gaming pink sheet.
Concorde |
Concorde Gaming Company Beta Analysis
Concorde Gaming'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 Concorde Gaming Beta | -31.51 |
Most of Concorde Gaming'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, Concorde Gaming 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, Concorde Gaming has a Beta of -31.508. This is 3850.95% lower than that of the Hotels, Restaurants & Leisure sector and notably lower than that of the Consumer Discretionary industry. The beta for all United States stocks is notably higher than that of the company.
Concorde Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Concorde Gaming's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Concorde Gaming could also be used in its relative valuation, which is a method of valuing Concorde Gaming by comparing valuation metrics of similar companies.Concorde Gaming is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Concorde Gaming are expected to decrease by larger amounts. On the other hand, during market turmoil, Concorde Gaming is expected to outperform it.
Concorde Fundamentals
| Return On Equity | -8.29 | |||
| Return On Asset | 0.0161 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 25.05 M | |||
| Shares Outstanding | 25.07 M | |||
| Price To Sales | 0.0001 X | |||
| Revenue | 21.3 M | |||
| Gross Profit | 9.56 M | |||
| EBITDA | 2.55 M | |||
| Net Income | (649.28 K) | |||
| Cash And Equivalents | 1.03 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 14.22 M | |||
| Current Ratio | 0.27 X | |||
| Book Value Per Share | (0.17) X | |||
| Cash Flow From Operations | 2.3 M | |||
| Earnings Per Share | (0.08) X | |||
| Number Of Employees | 230 | |||
| Beta | -31.51 | |||
| Market Capitalization | 25 | |||
| Total Asset | 25.55 M | |||
| Net Asset | 25.55 M |
About Concorde Gaming Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Concorde Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Concorde Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Concorde Gaming 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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Concorde Gaming financial ratios help investors to determine whether Concorde Pink Sheet 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 Concorde with respect to the benefits of owning Concorde Gaming security.