Katipult Technology Corp Stock Beta
| FUND Stock | CAD 0.01 0.01 33.33% |
Katipult Technology Corp fundamentals help investors to digest information that contributes to Katipult Technology's financial success or failures. It also enables traders to predict the movement of Katipult Stock. The fundamental analysis module provides a way to measure Katipult Technology'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 Katipult Technology stock.
Katipult | Beta |
Katipult Technology Corp Company Beta Analysis
Katipult Technology'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 Katipult Technology Beta | 0.79 |
Most of Katipult Technology'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, Katipult Technology 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, Katipult Technology Corp has a Beta of 0.792. This is 25.28% lower than that of the Software sector and 66.3% lower than that of the Information Technology industry. The beta for all Canada stocks is notably lower than that of the firm.
Katipult Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Katipult Technology'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 Katipult Technology could also be used in its relative valuation, which is a method of valuing Katipult Technology by comparing valuation metrics of similar companies.Katipult Technology is currently under evaluation in beta category among its peers.
As returns on the market increase, Katipult Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Katipult Technology is expected to be smaller as well.
Katipult Fundamentals
| Return On Asset | -0.39 | ||||
| Profit Margin | (0.32) % | ||||
| Operating Margin | (0.46) % | ||||
| Current Valuation | 5.71 M | ||||
| Shares Outstanding | 71.52 M | ||||
| Shares Owned By Insiders | 55.44 % | ||||
| Number Of Shares Shorted | 4.82 K | ||||
| Price To Sales | 0.44 X | ||||
| Revenue | 2.5 M | ||||
| Gross Profit | 1.36 M | ||||
| EBITDA | (879.67 K) | ||||
| Net Income | (1.77 M) | ||||
| Cash And Equivalents | 2.12 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 4.02 M | ||||
| Debt To Equity | 841.30 % | ||||
| Current Ratio | 6.69 X | ||||
| Book Value Per Share | (0.08) X | ||||
| Cash Flow From Operations | (751 K) | ||||
| Short Ratio | 0.36 X | ||||
| Beta | 0.79 | ||||
| Market Capitalization | 1.07 M | ||||
| Total Asset | 891 K | ||||
| Retained Earnings | (10.69 M) | ||||
| Working Capital | (3.82 M) | ||||
| Net Asset | 891 K |
About Katipult Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Katipult Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Katipult Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Katipult Technology Corp 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 Katipult Stock Analysis
When running Katipult Technology's price analysis, check to measure Katipult Technology'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 Katipult Technology is operating at the current time. Most of Katipult Technology's value examination focuses on studying past and present price action to predict the probability of Katipult Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Katipult Technology's price. Additionally, you may evaluate how the addition of Katipult Technology to your portfolios can decrease your overall portfolio volatility.