Ion Beam Applications Stock Beta

IBAB Stock  EUR 13.78  0.04  0.29%   
Ion Beam Applications fundamentals help investors to digest information that contributes to Ion Beam's financial success or failures. It also enables traders to predict the movement of Ion Stock. The fundamental analysis module provides a way to measure Ion Beam'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 Ion Beam stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ion Beam Applications Company Beta Analysis

Ion Beam'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.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Ion Beam Beta

    
  0.77  
Most of Ion Beam'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, Ion Beam Applications 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, Ion Beam Applications has a Beta of 0.7736. This is 10.05% lower than that of the Health Care Equipment & Supplies sector and 25.62% lower than that of the Health Care industry. The beta for all Belgium stocks is notably lower than that of the firm.

Ion Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ion Beam'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 Ion Beam could also be used in its relative valuation, which is a method of valuing Ion Beam by comparing valuation metrics of similar companies.
Ion Beam is currently under evaluation in beta category among its peers.
As returns on the market increase, Ion Beam's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ion Beam is expected to be smaller as well.

Ion Fundamentals

About Ion Beam Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ion Beam Applications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ion Beam using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ion Beam Applications 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.

Pair Trading with Ion Beam

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ion Beam position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ion Beam will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ion Stock

  0.72SOLB Solvay SAPairCorr
  0.76AGS ageas SANVPairCorr
  0.69ACKB Ackermans Van HaarenPairCorr

Moving against Ion Stock

  0.34CFEB Compagnie d EntreprisesPairCorr
The ability to find closely correlated positions to Ion Beam could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ion Beam when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ion Beam - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ion Beam Applications to buy it.
The correlation of Ion Beam is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ion Beam moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ion Beam Applications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ion Beam can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Ion Stock Analysis

When running Ion Beam's price analysis, check to measure Ion Beam'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 Ion Beam is operating at the current time. Most of Ion Beam's value examination focuses on studying past and present price action to predict the probability of Ion Beam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ion Beam's price. Additionally, you may evaluate how the addition of Ion Beam to your portfolios can decrease your overall portfolio volatility.