Cge Energy Stock Beta
| CGEI Stock | USD 0.0001 0.00 0.00% |
CGE Energy fundamentals help investors to digest information that contributes to CGE Energy's financial success or failures. It also enables traders to predict the movement of CGE Pink Sheet. The fundamental analysis module provides a way to measure CGE Energy'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 CGE Energy pink sheet.
CGE |
CGE Energy Company Beta Analysis
CGE Energy'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 CGE Energy Beta | -1.92 |
Most of CGE Energy'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, CGE Energy 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, CGE Energy has a Beta of -1.924. This is 527.56% lower than that of the Utilities sector and significantly lower than that of the Utilities—Renewable industry. The beta for all United States stocks is notably higher than that of the company.
CGE Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CGE Energy'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 CGE Energy could also be used in its relative valuation, which is a method of valuing CGE Energy by comparing valuation metrics of similar companies.CGE Energy is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning CGE Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, CGE Energy is expected to outperform it.
CGE Fundamentals
| Return On Equity | 0.32 | |||
| Return On Asset | 0.0571 | |||
| Profit Margin | 0.35 % | |||
| Operating Margin | 0.37 % | |||
| Current Valuation | 84.84 M | |||
| Shares Owned By Institutions | 0.10 % | |||
| Price To Earning | 42.31 X | |||
| Price To Sales | 1.28 X | |||
| Revenue | 3.76 M | |||
| Gross Profit | 2.45 M | |||
| EBITDA | 1.65 M | |||
| Net Income | 1.32 M | |||
| Cash And Equivalents | 32.1 K | |||
| Total Debt | 2.92 M | |||
| Debt To Equity | 0.78 % | |||
| Current Ratio | 0.58 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | 4.75 M | |||
| Earnings Per Share | 0.01 X | |||
| Beta | -1.92 | |||
| Market Capitalization | 8.04 M | |||
| Total Asset | 11.04 M | |||
| Retained Earnings | (31.37 M) | |||
| Working Capital | (2.37 M) | |||
| Current Asset | 1.01 M | |||
| Current Liabilities | 3.38 M | |||
| Z Score | -1.6 | |||
| Net Asset | 11.04 M |
About CGE Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CGE Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CGE Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CGE Energy 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.
Currently Active Assets on Macroaxis
Other Information on Investing in CGE Pink Sheet
CGE Energy financial ratios help investors to determine whether CGE 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 CGE with respect to the benefits of owning CGE Energy security.