Enerev5 Metals Stock Beta
| ENEV Stock | 0.01 0.00 0.00% |
Enerev5 Metals fundamentals help investors to digest information that contributes to Enerev5 Metals' financial success or failures. It also enables traders to predict the movement of Enerev5 Stock. The fundamental analysis module provides a way to measure Enerev5 Metals' 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 Enerev5 Metals stock.
Enerev5 | Beta |
Enerev5 Metals Company Beta Analysis
Enerev5 Metals' 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 Enerev5 Metals Beta | 2.54 |
Most of Enerev5 Metals' 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, Enerev5 Metals 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, Enerev5 Metals has a Beta of 2.538. This is 85.26% higher than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The beta for all Canada stocks is notably lower than that of the firm.
Enerev5 Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enerev5 Metals' 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 Enerev5 Metals could also be used in its relative valuation, which is a method of valuing Enerev5 Metals by comparing valuation metrics of similar companies.Enerev5 Metals 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, Enerev5 Metals will likely underperform.
Enerev5 Fundamentals
| Return On Equity | -5.46 | ||||
| Return On Asset | -7.47 | ||||
| Current Valuation | 1.38 M | ||||
| Shares Outstanding | 241.08 M | ||||
| Shares Owned By Insiders | 19.51 % | ||||
| Number Of Shares Shorted | 2.77 K | ||||
| Price To Book | 1,024 X | ||||
| EBITDA | (368.21 K) | ||||
| Net Income | (765.87 K) | ||||
| Total Debt | 94.89 K | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (434.17 K) | ||||
| Short Ratio | 19.07 X | ||||
| Beta | 2.54 | ||||
| Market Capitalization | 1.21 M | ||||
| Total Asset | 69.79 K | ||||
| Retained Earnings | (37.42 M) | ||||
| Working Capital | (170.32 K) | ||||
| Net Asset | 69.79 K |
About Enerev5 Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enerev5 Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enerev5 Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enerev5 Metals 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 Enerev5 Stock Analysis
When running Enerev5 Metals' price analysis, check to measure Enerev5 Metals' 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 Enerev5 Metals is operating at the current time. Most of Enerev5 Metals' value examination focuses on studying past and present price action to predict the probability of Enerev5 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerev5 Metals' price. Additionally, you may evaluate how the addition of Enerev5 Metals to your portfolios can decrease your overall portfolio volatility.