Enertopia Corporation Stock Beta
| ENRT Stock | USD 0.01 0 50.00% |
Enertopia Corporation fundamentals help investors to digest information that contributes to Enertopia Corporatio's financial success or failures. It also enables traders to predict the movement of Enertopia OTC Stock. The fundamental analysis module provides a way to measure Enertopia Corporatio'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 Enertopia Corporatio otc stock.
Enertopia |
Enertopia Corporation OTC Stock Beta Analysis
Enertopia Corporatio'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 Enertopia Corporatio Beta | -0.32 |
Most of Enertopia Corporatio'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, Enertopia Corporation 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, Enertopia Corporation has a Beta of -0.3208. This is 136.87% lower than that of the Personal Products sector and significantly lower than that of the Consumer Staples industry. The beta for all United States stocks is 113.87% higher than that of the company.
Enertopia Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enertopia Corporatio's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Enertopia Corporatio could also be used in its relative valuation, which is a method of valuing Enertopia Corporatio by comparing valuation metrics of similar companies.Enertopia is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Enertopia Corporatio are expected to decrease at a much lower rate. During the bear market, Enertopia Corporatio is likely to outperform the market.
Enertopia Fundamentals
| Return On Equity | 1.35 | |||
| Return On Asset | -0.62 | |||
| Current Valuation | 2.56 M | |||
| Shares Outstanding | 155.12 M | |||
| Shares Owned By Insiders | 4.87 % | |||
| Price To Earning | 1.95 X | |||
| Price To Book | 1.97 X | |||
| Price To Sales | 67,904 X | |||
| EBITDA | 1.98 M | |||
| Net Income | 1.97 M | |||
| Cash And Equivalents | 3.8 M | |||
| Cash Per Share | 0.02 X | |||
| Debt To Equity | 8.11 % | |||
| Current Ratio | 10.66 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (970.03 K) | |||
| Earnings Per Share | 0.01 X | |||
| Target Price | 0.13 | |||
| Beta | -0.32 | |||
| Market Capitalization | 7.91 M | |||
| Total Asset | 3.21 M | |||
| Retained Earnings | (12.44 M) | |||
| Working Capital | (232 K) | |||
| Current Asset | 144 K | |||
| Current Liabilities | 376 K | |||
| Z Score | -4.2 | |||
| Net Asset | 3.21 M |
About Enertopia Corporatio Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enertopia Corporation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enertopia Corporatio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enertopia Corporation based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Enertopia OTC Stock Analysis
When running Enertopia Corporatio's price analysis, check to measure Enertopia Corporatio'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 Enertopia Corporatio is operating at the current time. Most of Enertopia Corporatio's value examination focuses on studying past and present price action to predict the probability of Enertopia Corporatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enertopia Corporatio's price. Additionally, you may evaluate how the addition of Enertopia Corporatio to your portfolios can decrease your overall portfolio volatility.