Cineverse Corp Stock Beta
| CNVS Stock | 3.62 0.18 4.74% |
Cineverse Corp fundamentals help investors to digest information that contributes to Cineverse Corp's financial success or failures. It also enables traders to predict the movement of Cineverse Stock. The fundamental analysis module provides a way to measure Cineverse Corp'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 Cineverse Corp stock.
Cineverse | Beta |
Cineverse Corp Company Beta Analysis
Cineverse Corp'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 Cineverse Corp Beta | 1.48 |
Most of Cineverse Corp'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, Cineverse Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cineverse Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Cineverse Corp is extremely important. It helps to project a fair market value of Cineverse Stock properly, considering its historical fundamentals such as Beta. Since Cineverse Corp'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 Cineverse Corp'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 Cineverse Corp'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, Cineverse Corp has a Beta of 1.483. This is 76.55% higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.
Cineverse Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cineverse Corp'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 Cineverse Corp could also be used in its relative valuation, which is a method of valuing Cineverse Corp by comparing valuation metrics of similar companies.Cineverse Corp is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cineverse Corp will likely underperform.
Cineverse Fundamentals
| Return On Equity | -0.56 | ||||
| Return On Asset | -0.0194 | ||||
| Profit Margin | (0.46) % | ||||
| Operating Margin | (0.30) % | ||||
| Current Valuation | 67.02 M | ||||
| Shares Outstanding | 15.87 M | ||||
| Shares Owned By Insiders | 18.23 % | ||||
| Shares Owned By Institutions | 14.40 % | ||||
| Number Of Shares Shorted | 574.63 K | ||||
| Price To Book | 2.19 X | ||||
| Price To Sales | 1.27 X | ||||
| Revenue | 49.13 M | ||||
| EBITDA | (16.42 M) | ||||
| Net Income | (21.27 M) | ||||
| Total Debt | 7.16 M | ||||
| Book Value Per Share | 1.89 X | ||||
| Cash Flow From Operations | (10.59 M) | ||||
| Short Ratio | 0.99 X | ||||
| Earnings Per Share | (1.70) X | ||||
| Target Price | 7.5 | ||||
| Number Of Employees | 176 | ||||
| Beta | 1.48 | ||||
| Market Capitalization | 57.46 M | ||||
| Total Asset | 64.38 M | ||||
| Retained Earnings | (504.15 M) | ||||
| Working Capital | 1.47 M | ||||
| Net Asset | 64.38 M |
About Cineverse Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cineverse Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cineverse Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cineverse 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 Cineverse Stock Analysis
When running Cineverse Corp's price analysis, check to measure Cineverse Corp'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 Cineverse Corp is operating at the current time. Most of Cineverse Corp's value examination focuses on studying past and present price action to predict the probability of Cineverse Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cineverse Corp's price. Additionally, you may evaluate how the addition of Cineverse Corp to your portfolios can decrease your overall portfolio volatility.