Infinico Metals Corp Stock Beta
INFM Stock | 0.02 0.01 20.00% |
Infinico Metals Corp fundamentals help investors to digest information that contributes to Infinico Metals' financial success or failures. It also enables traders to predict the movement of Infinico Stock. The fundamental analysis module provides a way to measure Infinico Metals' 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 Infinico Metals stock.
Infinico | Beta |
Infinico Metals Corp Company Beta Analysis
Infinico Metals' 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 Infinico Metals Beta | 1.06 |
Most of Infinico Metals' 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, Infinico Metals Corp 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, Infinico Metals Corp has a Beta of 1.058. This is 21.61% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
Infinico Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Infinico Metals' 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 Infinico Metals could also be used in its relative valuation, which is a method of valuing Infinico Metals by comparing valuation metrics of similar companies.Infinico Metals is currently under evaluation in beta category among its peers.
Infinico Metals returns are very sensitive to returns on the market. As the market goes up or down, Infinico Metals is expected to follow.
Infinico Fundamentals
Return On Equity | -2.4 | ||||
Return On Asset | -1.31 | ||||
Current Valuation | 263.53 K | ||||
Shares Outstanding | 65.52 M | ||||
Shares Owned By Insiders | 29.07 % | ||||
Number Of Shares Shorted | 491 | ||||
Price To Book | 1.50 X | ||||
EBITDA | (2.1 M) | ||||
Net Income | (1.85 M) | ||||
Total Debt | 611.82 K | ||||
Book Value Per Share | 0.01 X | ||||
Cash Flow From Operations | (943.33 K) | ||||
Short Ratio | 0.02 X | ||||
Earnings Per Share | (0.04) X | ||||
Beta | 1.06 | ||||
Market Capitalization | 1.31 M | ||||
Total Asset | 2.19 M | ||||
Retained Earnings | (11.47 M) | ||||
Working Capital | 1.23 M | ||||
Net Asset | 2.19 M |
About Infinico Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Infinico Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Infinico Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Infinico Metals Corp 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 Infinico Stock Analysis
When running Infinico Metals' price analysis, check to measure Infinico Metals' 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 Infinico Metals is operating at the current time. Most of Infinico Metals' value examination focuses on studying past and present price action to predict the probability of Infinico Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infinico Metals' price. Additionally, you may evaluate how the addition of Infinico Metals to your portfolios can decrease your overall portfolio volatility.