Chanson International Holding Stock Beta
| CHSN Stock | 7.71 0.46 6.34% |
Chanson International Holding fundamentals help investors to digest information that contributes to Chanson International's financial success or failures. It also enables traders to predict the movement of Chanson Stock. The fundamental analysis module provides a way to measure Chanson International'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 Chanson International stock.
Chanson | Beta |
Chanson International Holding Company Beta Analysis
Chanson International'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.
Chanson Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Chanson International is extremely important. It helps to project a fair market value of Chanson Stock properly, considering its historical fundamentals such as Beta. Since Chanson International's 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 Chanson International's 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 Chanson International's interrelated accounts and indicators.
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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, Chanson International Holding has a Beta of 0.0. This is 100.0% lower than that of the Hotels, Restaurants & Leisure sector and 100.0% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Chanson Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chanson International'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 Chanson International could also be used in its relative valuation, which is a method of valuing Chanson International by comparing valuation metrics of similar companies.Chanson International is currently under evaluation in beta category among its peers.
Chanson International 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, Chanson International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chanson International's managers, analysts, and investors.Environmental | Governance | Social |
Chanson Fundamentals
| Return On Equity | -0.0188 | ||||
| Return On Asset | -0.0231 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 177.4 M | ||||
| Shares Outstanding | 15.74 M | ||||
| Shares Owned By Insiders | 70.56 % | ||||
| Shares Owned By Institutions | 0.03 % | ||||
| Number Of Shares Shorted | 543.37 K | ||||
| Price To Book | 13.69 X | ||||
| Price To Sales | 9.71 X | ||||
| Revenue | 17.25 M | ||||
| Gross Profit | 6.93 M | ||||
| EBITDA | 2.85 M | ||||
| Net Income | 33.59 K | ||||
| Total Debt | 16.57 M | ||||
| Book Value Per Share | 0.97 X | ||||
| Cash Flow From Operations | (416.91 K) | ||||
| Short Ratio | 1.93 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Number Of Employees | 410 | ||||
| Market Capitalization | 155.19 M | ||||
| Total Asset | 38.43 M | ||||
| Retained Earnings | 296.98 K | ||||
| Working Capital | (5.39 M) | ||||
| Net Asset | 38.43 M |
About Chanson International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chanson International Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chanson International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chanson International Holding 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.
Pair Trading with Chanson International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chanson International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chanson International will appreciate offsetting losses from the drop in the long position's value.Moving together with Chanson Stock
Moving against Chanson Stock
| 0.57 | LNW | Light Wonder | PairCorr |
| 0.53 | IGT | International Game | PairCorr |
| 0.39 | ACEL | Accel Entertainment | PairCorr |
| 0.37 | WING | Wingstop | PairCorr |
The ability to find closely correlated positions to Chanson International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chanson International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chanson International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chanson International Holding to buy it.
The correlation of Chanson International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chanson International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chanson International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chanson International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Chanson International Piotroski F Score and Chanson International Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chanson International. If investors know Chanson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chanson International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share (0.02) | Revenue Per Share 1.287 | Quarterly Revenue Growth (0.14) | Return On Assets (0.02) |
The market value of Chanson International is measured differently than its book value, which is the value of Chanson that is recorded on the company's balance sheet. Investors also form their own opinion of Chanson International's value that differs from its market value or its book value, called intrinsic value, which is Chanson International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chanson International's market value can be influenced by many factors that don't directly affect Chanson International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chanson International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chanson International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chanson International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.