Ellsworth Growth And Preferred Stock Beta
| ECF-PA Preferred Stock | USD 23.38 0.28 1.21% |
Ellsworth Growth and fundamentals help investors to digest information that contributes to Ellsworth Growth's financial success or failures. It also enables traders to predict the movement of Ellsworth Preferred Stock. The fundamental analysis module provides a way to measure Ellsworth Growth'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 Ellsworth Growth preferred stock.
Ellsworth |
Ellsworth Growth and Company Beta Analysis
Ellsworth Growth'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 Ellsworth Growth Beta | 1.03 |
Most of Ellsworth Growth'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, Ellsworth Growth and 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, Ellsworth Growth and has a Beta of 1.0335. This is 26.04% higher than that of the Financial Services sector and 15.29% lower than that of the Asset Management industry. The beta for all United States preferred stocks is notably lower than that of the firm.
Ellsworth Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ellsworth Growth's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Ellsworth Growth could also be used in its relative valuation, which is a method of valuing Ellsworth Growth by comparing valuation metrics of similar companies.Ellsworth Growth is currently under evaluation in beta category among its peers.
Ellsworth Growth returns are very sensitive to returns on the market. As the market goes up or down, Ellsworth Growth is expected to follow.
Ellsworth Fundamentals
| Return On Equity | -0.25 | ||||
| Return On Asset | 0.0037 | ||||
| Operating Margin | 0.39 % | ||||
| Current Valuation | 379.25 M | ||||
| Shares Outstanding | 12.93 M | ||||
| Price To Earning | 22.25 X | ||||
| Price To Sales | 38.94 X | ||||
| Revenue | 3.1 M | ||||
| Gross Profit | 3.1 M | ||||
| Net Income | (50.74 M) | ||||
| Cash And Equivalents | 50.73 K | ||||
| Current Ratio | 3.21 X | ||||
| Book Value Per Share | 9.25 X | ||||
| Earnings Per Share | (0.60) X | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 124.02 M | ||||
| Last Dividend Paid | 1.5 |
About Ellsworth Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ellsworth Growth and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ellsworth Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ellsworth Growth and 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Ellsworth Preferred Stock
Ellsworth Growth financial ratios help investors to determine whether Ellsworth Preferred Stock 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 Ellsworth with respect to the benefits of owning Ellsworth Growth security.