Global Gas Stock Beta
| HGASDelisted Stock | 0.41 0.27 39.71% |
Global Gas fundamentals help investors to digest information that contributes to Global Gas' financial success or failures. It also enables traders to predict the movement of Global Stock. The fundamental analysis module provides a way to measure Global Gas' 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 Global Gas stock.
Global |
Global Gas Company Beta Analysis
Global Gas' 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 Global Gas Beta | -0.58 |
Most of Global Gas' 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, Global Gas 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.
CompetitionIn accordance with the recently published financial statements, Global Gas has a Beta of -0.579. This is 166.55% lower than that of the Basic Materials sector and 152.64% lower than that of the Specialty Chemicals industry. The beta for all United States stocks is notably higher than that of the company.
Global Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Gas' 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 Global Gas could also be used in its relative valuation, which is a method of valuing Global Gas by comparing valuation metrics of similar companies.Global Gas is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Global Gas are expected to decrease at a much lower rate. During the bear market, Global Gas is likely to outperform the market.
Global Fundamentals
| Current Valuation | 6.61 M | ||||
| Shares Outstanding | 5.43 M | ||||
| Shares Owned By Insiders | 79.44 % | ||||
| Shares Owned By Institutions | 22.47 % | ||||
| Number Of Shares Shorted | 28.02 K | ||||
| EBITDA | (408.45 K) | ||||
| Net Income | (300.18 K) | ||||
| Total Debt | 273.95 K | ||||
| Cash Flow From Operations | (160.16 K) | ||||
| Short Ratio | 0.17 X | ||||
| Beta | -0.58 | ||||
| Market Capitalization | 6.62 M | ||||
| Total Asset | 1.18 M | ||||
| Retained Earnings | (300.18 K) | ||||
| Working Capital | (303.47 K) | ||||
| Net Asset | 1.18 M |
About Global Gas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Gas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Gas 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.
Thematic Opportunities
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Global Stock
If you are still planning to invest in Global Gas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Global Gas' history and understand the potential risks before investing.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |