Generation Asia I Stock Beta
Generation Asia I fundamentals help investors to digest information that contributes to Generation Asia's financial success or failures. It also enables traders to predict the movement of Generation Stock. The fundamental analysis module provides a way to measure Generation Asia'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 Generation Asia stock.
Generation |
Generation Asia I Company Beta Analysis
Generation Asia'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 Generation Asia Beta | 0.08 |
Most of Generation Asia'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, Generation Asia I 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, Generation Asia I has a Beta of 0.08. This is 90.24% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The beta for all United States stocks is 153.33% lower than that of the firm.
Generation Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Generation Asia'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 Generation Asia could also be used in its relative valuation, which is a method of valuing Generation Asia by comparing valuation metrics of similar companies.Generation Asia is currently under evaluation in beta category among its peers.
As returns on the market increase, Generation Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Generation Asia is expected to be smaller as well.
Generation Fundamentals
| Return On Equity | 0.0646 | |||
| Return On Asset | -0.006 | |||
| Current Valuation | 91.74 M | |||
| Shares Outstanding | 4.79 M | |||
| Shares Owned By Institutions | 63.82 % | |||
| Number Of Shares Shorted | 2.99 K | |||
| Price To Book | 4.47 X | |||
| EBITDA | (1.19 M) | |||
| Net Income | 6.97 M | |||
| Cash And Equivalents | 372.62 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 1.5 M | |||
| Current Ratio | 1.85 X | |||
| Book Value Per Share | (0.84) X | |||
| Cash Flow From Operations | (717.94 K) | |||
| Short Ratio | 37.80 X | |||
| Earnings Per Share | 0.21 X | |||
| Beta | 0.08 | |||
| Market Capitalization | 89.37 M | |||
| Total Asset | 84.2 M | |||
| Retained Earnings | (5.28 M) | |||
| Working Capital | 185.84 K | |||
| Net Asset | 84.2 M |
Pair Trading with Generation Asia
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 Generation Asia 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 Generation Asia will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Baxter International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baxter International 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 Baxter International - 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 Baxter International to buy it.
The correlation of Baxter International 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 Baxter International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baxter International 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 Baxter International 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 Risk vs Return Analysis 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 nation. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Generation Stock
If you are still planning to invest in Generation Asia I 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 Generation Asia's history and understand the potential risks before investing.
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