First Helium Stock Beta
| HELI Stock | 0.04 0.01 16.67% |
First Helium fundamentals help investors to digest information that contributes to First Helium's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Helium'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 First Helium stock.
First | Beta |
First Helium Company Beta Analysis
First Helium'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.
First Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for First Helium is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Beta. Since First Helium'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 First Helium'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 First Helium'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, First Helium has a Beta of 0.0. This is 100.0% lower than that of the Chemicals sector and 100.0% lower than that of the Materials industry. The beta for all Canada stocks is 100.0% lower than that of the firm.
First Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Helium'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 First Helium could also be used in its relative valuation, which is a method of valuing First Helium by comparing valuation metrics of similar companies.First Helium is currently under evaluation in beta category among its peers.
First Fundamentals
| Current Valuation | 7.36 M | ||||
| Shares Outstanding | 213.9 M | ||||
| Shares Owned By Insiders | 8.17 % | ||||
| Number Of Shares Shorted | 149.87 K | ||||
| Price To Book | 0.55 X | ||||
| Price To Sales | 4.06 X | ||||
| Revenue | 1.13 M | ||||
| EBITDA | 1.24 M | ||||
| Net Income | (3.2 M) | ||||
| Total Debt | 2.59 M | ||||
| Cash Flow From Operations | (2.02 M) | ||||
| Short Ratio | 1.63 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 0.65 | ||||
| Market Capitalization | 7.49 M | ||||
| Total Asset | 16.22 M | ||||
| Retained Earnings | (12.24 M) | ||||
| Working Capital | (760.66 K) | ||||
| Net Asset | 16.22 M |
About First Helium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Helium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Helium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Helium 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 First Stock Analysis
When running First Helium's price analysis, check to measure First Helium'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 First Helium is operating at the current time. Most of First Helium's value examination focuses on studying past and present price action to predict the probability of First Helium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Helium's price. Additionally, you may evaluate how the addition of First Helium to your portfolios can decrease your overall portfolio volatility.