Greatland Gold Plc Stock Beta
| GGP Stock | 7.25 0.25 3.57% |
Greatland Gold plc fundamentals help investors to digest information that contributes to Greatland Gold's financial success or failures. It also enables traders to predict the movement of Greatland Stock. The fundamental analysis module provides a way to measure Greatland 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 Greatland Gold stock.
Greatland | Beta |
Greatland Gold plc Company Beta Analysis
Greatland 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 Greatland Gold Beta | 0.79 |
Most of Greatland 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, Greatland Gold plc 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, Greatland Gold plc has a Beta of 0.789. This is 9.31% lower than that of the Metals & Mining sector and 192.22% higher than that of the Materials industry. The beta for all United Kingdom stocks is notably lower than that of the firm.
Greatland Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Greatland Gold'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 Greatland Gold could also be used in its relative valuation, which is a method of valuing Greatland Gold by comparing valuation metrics of similar companies.Greatland Gold is currently under evaluation in beta category among its peers.
As returns on the market increase, Greatland Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Greatland Gold is expected to be smaller as well.
Greatland Fundamentals
| Return On Equity | -0.24 | |||
| Return On Asset | -0.0797 | |||
| Current Valuation | 765.7 M | |||
| Shares Outstanding | 10.41 B | |||
| Shares Owned By Insiders | 20.11 % | |||
| Shares Owned By Institutions | 12.09 % | |||
| Price To Book | 17.79 X | |||
| EBITDA | (18.96 M) | |||
| Net Income | (14.87 M) | |||
| Total Debt | 41.8 M | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (12.2 M) | |||
| Target Price | 12.33 | |||
| Number Of Employees | 25 | |||
| Beta | 0.79 | |||
| Market Capitalization | 754.73 M | |||
| Total Asset | 89.96 M | |||
| Retained Earnings | (71.66 M) | |||
| Working Capital | 35.43 M | |||
| Net Asset | 89.96 M |
About Greatland Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Greatland Gold plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greatland Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greatland Gold plc 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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Greatland Gold financial ratios help investors to determine whether Greatland 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 Greatland with respect to the benefits of owning Greatland Gold security.