Gogoro Equity Warrant Stock Beta
| GGROW Stock | USD 0.03 0.01 28.50% |
Gogoro Equity Warrant fundamentals help investors to digest information that contributes to Gogoro Equity's financial success or failures. It also enables traders to predict the movement of Gogoro Stock. The fundamental analysis module provides a way to measure Gogoro Equity'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 Gogoro Equity stock.
Gogoro | Beta |
Gogoro Equity Warrant Company Beta Analysis
Gogoro Equity'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 Gogoro Equity Beta | 0.6 |
Most of Gogoro Equity'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, Gogoro Equity Warrant is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gogoro Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Gogoro Equity is extremely important. It helps to project a fair market value of Gogoro Stock properly, considering its historical fundamentals such as Beta. Since Gogoro Equity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Gogoro Equity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Gogoro Equity's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Gogoro Equity Warrant has a Beta of 0.603. This is 28.21% lower than that of the Automobile Components sector and 59.26% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Gogoro Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gogoro Equity'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 Gogoro Equity could also be used in its relative valuation, which is a method of valuing Gogoro Equity by comparing valuation metrics of similar companies.Gogoro Equity is currently under evaluation in beta category among its peers.
As returns on the market increase, Gogoro Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gogoro Equity is expected to be smaller as well.
Gogoro Fundamentals
| Return On Equity | -0.24 | ||||
| Return On Asset | -0.07 | ||||
| Profit Margin | (0.19) % | ||||
| Operating Margin | (0.30) % | ||||
| Number Of Shares Shorted | 8.71 K | ||||
| Revenue | 349.85 M | ||||
| Gross Profit | 57.71 M | ||||
| EBITDA | 34.26 M | ||||
| Net Income | (76.04 M) | ||||
| Total Debt | 440.31 M | ||||
| Book Value Per Share | 1.01 X | ||||
| Cash Flow From Operations | 59.09 M | ||||
| Number Of Employees | 1.89 K | ||||
| Beta | 0.6 | ||||
| Total Asset | 834.23 M | ||||
| Retained Earnings | (425.98 M) | ||||
| Working Capital | 52.08 M | ||||
| Net Asset | 834.23 M |
About Gogoro Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gogoro Equity Warrant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gogoro Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gogoro Equity Warrant 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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When running Gogoro Equity's price analysis, check to measure Gogoro Equity'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 Gogoro Equity is operating at the current time. Most of Gogoro Equity's value examination focuses on studying past and present price action to predict the probability of Gogoro Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gogoro Equity's price. Additionally, you may evaluate how the addition of Gogoro Equity to your portfolios can decrease your overall portfolio volatility.