Freeman Gold Corp Stock Beta
| FMANF Stock | USD 0.07 0.01 6.33% |
Freeman Gold Corp fundamentals help investors to digest information that contributes to Freeman Gold's financial success or failures. It also enables traders to predict the movement of Freeman OTC Stock. The fundamental analysis module provides a way to measure Freeman Gold'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 Freeman Gold otc stock.
Freeman |
Freeman Gold Corp OTC Stock Beta Analysis
Freeman Gold'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 Freeman Gold Beta | 0.5 |
Most of Freeman Gold'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, Freeman Gold Corp 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, Freeman Gold Corp has a Beta of 0.4984. This is 42.71% lower than that of the Basic Materials sector and 84.59% higher than that of the Gold industry. The beta for all United States stocks is notably lower than that of the firm.
Freeman Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Freeman Gold'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 Freeman Gold could also be used in its relative valuation, which is a method of valuing Freeman Gold by comparing valuation metrics of similar companies.Freeman Gold is currently under evaluation in beta category among its peers.
As returns on the market increase, Freeman Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Freeman Gold is expected to be smaller as well.
Freeman Fundamentals
| Return On Equity | 0.0145 | |||
| Return On Asset | -0.088 | |||
| Current Valuation | 15.19 M | |||
| Shares Outstanding | 131.75 M | |||
| Shares Owned By Insiders | 6.96 % | |||
| Price To Book | 1.02 X | |||
| Gross Profit | (12.75 K) | |||
| EBITDA | (3.49 M) | |||
| Net Income | (3.49 M) | |||
| Cash And Equivalents | 12.41 M | |||
| Cash Per Share | 0.09 X | |||
| Total Debt | 124.54 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 3.29 X | |||
| Book Value Per Share | 0.21 X | |||
| Cash Flow From Operations | (2.35 M) | |||
| Beta | 0.5 | |||
| Market Capitalization | 22.92 M | |||
| Total Asset | 31.33 M | |||
| Net Asset | 31.33 M |
About Freeman Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Freeman Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freeman Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freeman Gold Corp 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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Other Information on Investing in Freeman OTC Stock
Freeman Gold financial ratios help investors to determine whether Freeman OTC 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 Freeman with respect to the benefits of owning Freeman Gold security.