Estrella Immunopharma Stock Beta
| ESLAW Stock | 0.09 0 3.53% |
Estrella Immunopharma fundamentals help investors to digest information that contributes to Estrella Immunopharma's financial success or failures. It also enables traders to predict the movement of Estrella Stock. The fundamental analysis module provides a way to measure Estrella Immunopharma'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 Estrella Immunopharma stock.
Estrella | Beta |
Estrella Immunopharma Company Beta Analysis
Estrella Immunopharma'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 Estrella Immunopharma Beta | -0.09 |
Most of Estrella Immunopharma'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, Estrella Immunopharma is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Estrella Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Estrella Immunopharma is extremely important. It helps to project a fair market value of Estrella Stock properly, considering its historical fundamentals such as Beta. Since Estrella Immunopharma'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 Estrella Immunopharma'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 Estrella Immunopharma's interrelated accounts and indicators.
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.
CompetitionIn accordance with the recently published financial statements, Estrella Immunopharma has a Beta of -0.09. This is 110.47% lower than that of the Biotechnology sector and 106.47% lower than that of the Health Care industry. The beta for all United States stocks is 40.0% lower than that of the firm.
Estrella Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Estrella Immunopharma'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 Estrella Immunopharma could also be used in its relative valuation, which is a method of valuing Estrella Immunopharma by comparing valuation metrics of similar companies.Estrella Immunopharma is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Estrella Immunopharma are expected to decrease at a much lower rate. During the bear market, Estrella Immunopharma is likely to outperform the market.
Estrella Fundamentals
| Return On Asset | -1.75 | ||||
| Number Of Shares Shorted | 22.44 K | ||||
| EBITDA | (7.31 M) | ||||
| Net Income | (7.31 M) | ||||
| Total Debt | 180.7 K | ||||
| Book Value Per Share | (2.89) X | ||||
| Cash Flow From Operations | (16.07 M) | ||||
| Beta | -0.09 | ||||
| Total Asset | 4.45 M | ||||
| Retained Earnings | (19.5 M) | ||||
| Working Capital | 4.27 M | ||||
| Net Asset | 4.45 M |
About Estrella Immunopharma Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Estrella Immunopharma's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Estrella Immunopharma using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Estrella Immunopharma 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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When running Estrella Immunopharma's price analysis, check to measure Estrella Immunopharma'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 Estrella Immunopharma is operating at the current time. Most of Estrella Immunopharma's value examination focuses on studying past and present price action to predict the probability of Estrella Immunopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Estrella Immunopharma's price. Additionally, you may evaluate how the addition of Estrella Immunopharma to your portfolios can decrease your overall portfolio volatility.