Family Dollar Stores Stock Beta
Family Dollar Stores fundamentals help investors to digest information that contributes to Family Dollar's financial success or failures. It also enables traders to predict the movement of Family Stock. The fundamental analysis module provides a way to measure Family Dollar'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 Family Dollar stock.
Family |
Family Dollar Stores Company Beta Analysis
Family Dollar'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 Family Dollar Beta | 0.21 |
Most of Family Dollar'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, Family Dollar Stores 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.
CompetitionIn accordance with the recently published financial statements, Family Dollar Stores has a Beta of 0.21. This is much higher than that of the sector and significantly higher than that of the Beta industry. The beta for all United States stocks is notably lower than that of the firm.
Family Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Family Dollar'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 Family Dollar could also be used in its relative valuation, which is a method of valuing Family Dollar by comparing valuation metrics of similar companies.Family Dollar is currently under evaluation in beta category among its peers.
As returns on the market increase, Family Dollar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Family Dollar is expected to be smaller as well.
Family Fundamentals
| Return On Asset | 0.072 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 9.68 B | |||
| Shares Outstanding | 114.03 M | |||
| Shares Owned By Insiders | 19.56 % | |||
| Shares Owned By Institutions | 83.40 % | |||
| Number Of Shares Shorted | 1.46 M | |||
| Price To Earning | 38.27 X | |||
| Price To Book | 5.08 X | |||
| Price To Sales | 0.85 X | |||
| Revenue | 10.49 B | |||
| Gross Profit | 3.53 B | |||
| Net Income | 284.5 M | |||
| Cash And Equivalents | 171.22 M | |||
| Cash Per Share | 1.92 X | |||
| Total Debt | 500.43 M | |||
| Debt To Equity | 0.26 % | |||
| Current Ratio | 1.87 X | |||
| Cash Flow From Operations | 469.16 M | |||
| Earnings Per Share | 2.04 X | |||
| Number Of Employees | 35 K | |||
| Beta | 0.21 | |||
| Market Capitalization | 9.1 B | |||
| Total Asset | 3.86 B | |||
| Retained Earnings | 1.72 B | |||
| Working Capital | 973.02 M | |||
| Current Asset | 2.1 B | |||
| Current Liabilities | 1.13 B | |||
| Z Score | 12.8 |
Pair Trading with Family Dollar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Family Dollar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Family Dollar will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Charles Schwab could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charles Schwab when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Charles Schwab - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Charles Schwab Corp to buy it.
The correlation of Charles Schwab is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Charles Schwab moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charles Schwab Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Charles Schwab can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Family Stock
If you are still planning to invest in Family Dollar Stores check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Family Dollar's history and understand the potential risks before investing.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |