Gray Television Stock Beta
| GTN-A Stock | USD 7.62 0.24 3.25% |
Gray Television fundamentals help investors to digest information that contributes to Gray Television's financial success or failures. It also enables traders to predict the movement of Gray Stock. The fundamental analysis module provides a way to measure Gray Television'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 Gray Television stock.
Gray | Beta |
Gray Television Company Beta Analysis
Gray Television'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 Gray Television Beta | 1.48 |
Most of Gray Television'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, Gray Television is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gray Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Gray Television is extremely important. It helps to project a fair market value of Gray Stock properly, considering its historical fundamentals such as Beta. Since Gray Television'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 Gray Television'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 Gray Television'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, Gray Television has a Beta of 1.475. This is 75.6% higher than that of the Media sector and 25.0% higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.
Gray Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gray Television'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 Gray Television could also be used in its relative valuation, which is a method of valuing Gray Television by comparing valuation metrics of similar companies.Gray Television 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, Gray Television will likely underperform.
Gray Fundamentals
| Return On Equity | 0.0725 | ||||
| Return On Asset | 0.0385 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 7.01 B | ||||
| Shares Outstanding | 8.84 M | ||||
| Shares Owned By Insiders | 78.70 % | ||||
| Shares Owned By Institutions | 13.39 % | ||||
| Number Of Shares Shorted | 15.54 K | ||||
| Price To Earning | 9.83 X | ||||
| Price To Book | 0.35 X | ||||
| Price To Sales | 0.13 X | ||||
| Revenue | 3.28 B | ||||
| Gross Profit | 1.43 B | ||||
| EBITDA | 697 M | ||||
| Net Income | (76 M) | ||||
| Cash And Equivalents | 225 M | ||||
| Cash Per Share | 2.26 X | ||||
| Total Debt | 6.24 B | ||||
| Debt To Equity | 200.60 % | ||||
| Current Ratio | 2.52 X | ||||
| Book Value Per Share | 22.33 X | ||||
| Cash Flow From Operations | 648 M | ||||
| Short Ratio | 5.01 X | ||||
| Earnings Per Share | 1.50 X | ||||
| Price To Earnings To Growth | 0.21 X | ||||
| Target Price | 18.0 | ||||
| Number Of Employees | 9.37 K | ||||
| Beta | 1.48 | ||||
| Market Capitalization | 461.25 M | ||||
| Total Asset | 10.64 B | ||||
| Retained Earnings | 1.08 B | ||||
| Working Capital | 73 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 10.64 B | ||||
| Last Dividend Paid | 0.32 |
About Gray Television Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gray Television's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gray Television using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gray Television 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.When determining whether Gray Television offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gray Television's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gray Television Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gray Television Stock:Check out Gray Television Piotroski F Score and Gray Television Altman Z Score analysis. For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.