Comerton Corp Stock Beta
| COCM Stock | USD 0.0001 0.00 0.00% |
Comerton Corp fundamentals help investors to digest information that contributes to Comerton Corp's financial success or failures. It also enables traders to predict the movement of Comerton Stock. The fundamental analysis module provides a way to measure Comerton 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 Comerton Corp stock.
Comerton | Beta |
Comerton Corp Company Beta Analysis
Comerton 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 Comerton Corp Beta | 41.14 |
Most of Comerton 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, Comerton Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Comerton Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Comerton Corp is extremely important. It helps to project a fair market value of Comerton Stock properly, considering its historical fundamentals such as Beta. Since Comerton 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 Comerton 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 Comerton 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, Comerton Corp has a Beta of 41.142. This is much higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Comerton Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comerton 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 Comerton Corp could also be used in its relative valuation, which is a method of valuing Comerton Corp by comparing valuation metrics of similar companies.Comerton 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, Comerton Corp will likely underperform.
Comerton Fundamentals
| Return On Asset | 0.0856 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 215.12 K | ||||
| Shares Outstanding | 71.71 M | ||||
| Price To Book | 0.87 X | ||||
| Price To Sales | 0.02 X | ||||
| Revenue | 10.95 M | ||||
| Gross Profit | 2.16 M | ||||
| EBITDA | 766.79 K | ||||
| Net Income | (102.53 K) | ||||
| Cash And Equivalents | 14.23 K | ||||
| Total Debt | 7 K | ||||
| Current Ratio | 0.62 X | ||||
| Cash Flow From Operations | 428.81 K | ||||
| Beta | 41.14 | ||||
| Market Capitalization | 215.12 K | ||||
| Retained Earnings | (851.39 K) |
About Comerton Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Comerton Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comerton Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comerton 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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Try AI Portfolio ArchitectCheck out Comerton Corp Piotroski F Score and Comerton Corp Altman Z Score analysis. To learn how to invest in Comerton Stock, please use our How to Invest in Comerton Corp guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Industrial Machinery & Supplies & Components 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 Comerton Corp. If investors know Comerton 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 Comerton Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth (0.43) | Return On Assets 0.0856 |
The market value of Comerton Corp is measured differently than its book value, which is the value of Comerton that is recorded on the company's balance sheet. Investors also form their own opinion of Comerton Corp's value that differs from its market value or its book value, called intrinsic value, which is Comerton Corp'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 Comerton Corp's market value can be influenced by many factors that don't directly affect Comerton Corp'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 Comerton Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerton Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerton Corp'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.