Graphene Manufacturing Group Stock Beta
| GMG Stock | 0.59 0.02 3.28% |
Graphene Manufacturing Group fundamentals help investors to digest information that contributes to Graphene Manufacturing's financial success or failures. It also enables traders to predict the movement of Graphene Stock. The fundamental analysis module provides a way to measure Graphene Manufacturing'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 Graphene Manufacturing stock.
Graphene | Beta |
Graphene Manufacturing Group Company Beta Analysis
Graphene Manufacturing'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 Graphene Manufacturing Beta | 1.41 |
Most of Graphene Manufacturing'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, Graphene Manufacturing Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Graphene Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Graphene Manufacturing is extremely important. It helps to project a fair market value of Graphene Stock properly, considering its historical fundamentals such as Beta. Since Graphene Manufacturing'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 Graphene Manufacturing'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 Graphene Manufacturing's interrelated accounts and indicators.
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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, Graphene Manufacturing Group has a Beta of 1.413. This is 62.41% higher than that of the Chemicals sector and 28.45% higher than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
Graphene Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Graphene Manufacturing'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 Graphene Manufacturing could also be used in its relative valuation, which is a method of valuing Graphene Manufacturing by comparing valuation metrics of similar companies.Graphene Manufacturing is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Graphene Manufacturing will likely underperform.
Graphene Fundamentals
| Return On Equity | -0.86 | ||||
| Return On Asset | -0.35 | ||||
| Operating Margin | 5.15 % | ||||
| Current Valuation | 56.64 M | ||||
| Shares Outstanding | 96.77 M | ||||
| Shares Owned By Insiders | 18.18 % | ||||
| Shares Owned By Institutions | 0.22 % | ||||
| Number Of Shares Shorted | 39.78 K | ||||
| Price To Earning | 11.67 X | ||||
| Price To Book | 7.60 X | ||||
| Price To Sales | 200.20 X | ||||
| Revenue | 170.06 K | ||||
| Gross Profit | 121.42 K | ||||
| EBITDA | (7.3 M) | ||||
| Net Income | (7.4 M) | ||||
| Cash And Equivalents | 302.33 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 125.09 K | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 1.99 X | ||||
| Book Value Per Share | 0.09 X | ||||
| Cash Flow From Operations | (10.55 M) | ||||
| Short Ratio | 0.45 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 8.0 | ||||
| Beta | 1.41 | ||||
| Market Capitalization | 55.16 M | ||||
| Total Asset | 15.24 M | ||||
| Retained Earnings | (40.83 M) | ||||
| Working Capital | 2.43 M | ||||
| Net Asset | 15.24 M |
About Graphene Manufacturing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Graphene Manufacturing Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Graphene Manufacturing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Graphene Manufacturing Group 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 Graphene Stock Analysis
When running Graphene Manufacturing's price analysis, check to measure Graphene Manufacturing'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 Graphene Manufacturing is operating at the current time. Most of Graphene Manufacturing's value examination focuses on studying past and present price action to predict the probability of Graphene Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graphene Manufacturing's price. Additionally, you may evaluate how the addition of Graphene Manufacturing to your portfolios can decrease your overall portfolio volatility.