Great Atlantic Resources Stock Beta
| GR Stock | CAD 0.07 0.01 7.14% |
Great Atlantic Resources fundamentals help investors to digest information that contributes to Great Atlantic's financial success or failures. It also enables traders to predict the movement of Great Stock. The fundamental analysis module provides a way to measure Great Atlantic'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 Great Atlantic stock.
Great | Beta |
Great Atlantic Resources Company Beta Analysis
Great Atlantic'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 Great Atlantic Beta | 2.23 |
Most of Great Atlantic'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, Great Atlantic Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Great Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Great Atlantic is extremely important. It helps to project a fair market value of Great Stock properly, considering its historical fundamentals such as Beta. Since Great Atlantic'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 Great Atlantic'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 Great Atlantic'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, Great Atlantic Resources has a Beta of 2.232. This is 156.55% higher than that of the Metals & Mining sector and 90.77% higher than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
Great Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Great Atlantic'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 Great Atlantic could also be used in its relative valuation, which is a method of valuing Great Atlantic by comparing valuation metrics of similar companies.Great Atlantic 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, Great Atlantic will likely underperform.
Great Fundamentals
| Return On Equity | -9.58 | |||
| Return On Asset | -1.27 | |||
| Current Valuation | 4.36 M | |||
| Shares Outstanding | 56.73 M | |||
| Shares Owned By Insiders | 41.50 % | |||
| Number Of Shares Shorted | 10 K | |||
| Price To Earning | (3.18) X | |||
| Price To Book | 1.92 X | |||
| EBITDA | (2.44 M) | |||
| Net Income | (2.69 M) | |||
| Cash And Equivalents | 127.53 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 428.13 K | |||
| Debt To Equity | 0.31 % | |||
| Current Ratio | 0.39 X | |||
| Book Value Per Share | (0.05) X | |||
| Cash Flow From Operations | (655.57 K) | |||
| Short Ratio | 0.03 X | |||
| Earnings Per Share | (0.03) X | |||
| Beta | 2.23 | |||
| Market Capitalization | 3.69 M | |||
| Total Asset | 422.51 K | |||
| Retained Earnings | (29.57 M) | |||
| Working Capital | (2.11 M) | |||
| Net Asset | 422.51 K |
About Great Atlantic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Great Atlantic Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Great Atlantic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Great Atlantic Resources 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 Great Stock Analysis
When running Great Atlantic's price analysis, check to measure Great Atlantic'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 Great Atlantic is operating at the current time. Most of Great Atlantic's value examination focuses on studying past and present price action to predict the probability of Great Atlantic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Atlantic's price. Additionally, you may evaluate how the addition of Great Atlantic to your portfolios can decrease your overall portfolio volatility.