Greenroc Mining Plc Stock Beta
| GROC Stock | 1.60 0.00 0.00% |
Greenroc Mining PLC fundamentals help investors to digest information that contributes to Greenroc Mining's financial success or failures. It also enables traders to predict the movement of Greenroc Stock. The fundamental analysis module provides a way to measure Greenroc Mining'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 Greenroc Mining stock.
Greenroc | Beta |
Greenroc Mining PLC Company Beta Analysis
Greenroc Mining'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 Greenroc Mining Beta | -0.39 |
Most of Greenroc Mining'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, Greenroc Mining 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, Greenroc Mining PLC has a Beta of -0.388. This is 144.6% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The beta for all United Kingdom stocks is 158.67% higher than that of the company.
Greenroc Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Greenroc Mining'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 Greenroc Mining could also be used in its relative valuation, which is a method of valuing Greenroc Mining by comparing valuation metrics of similar companies.Greenroc Mining is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Greenroc Mining are expected to decrease at a much lower rate. During the bear market, Greenroc Mining is likely to outperform the market.
Greenroc Fundamentals
| Return On Equity | -0.18 | |||
| Return On Asset | -0.0537 | |||
| Current Valuation | 2.97 M | |||
| Shares Outstanding | 194.88 M | |||
| Shares Owned By Insiders | 47.90 % | |||
| Price To Book | 0.36 X | |||
| Price To Sales | 109.98 X | |||
| EBITDA | (790 K) | |||
| Net Income | (1.69 M) | |||
| Total Debt | 1.4 M | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (1.16 M) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | -0.39 | |||
| Market Capitalization | 3.12 M | |||
| Total Asset | 10.43 M | |||
| Retained Earnings | (3.17 M) | |||
| Working Capital | 191 K | |||
| Net Asset | 10.43 M |
About Greenroc Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Greenroc Mining PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenroc Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenroc Mining 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Greenroc Stock Analysis
When running Greenroc Mining's price analysis, check to measure Greenroc Mining'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 Greenroc Mining is operating at the current time. Most of Greenroc Mining's value examination focuses on studying past and present price action to predict the probability of Greenroc Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenroc Mining's price. Additionally, you may evaluate how the addition of Greenroc Mining to your portfolios can decrease your overall portfolio volatility.