Jamna Auto Industries Stock Beta
Jamna Auto Industries fundamentals help investors to digest information that contributes to Jamna Auto's financial success or failures. It also enables traders to predict the movement of Jamna Stock. The fundamental analysis module provides a way to measure Jamna Auto'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 Jamna Auto stock.
Jamna |
Jamna Auto Industries Company Beta Analysis
Jamna Auto'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 Jamna Auto Beta | 0.72 |
Most of Jamna Auto'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, Jamna Auto Industries 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, Jamna Auto Industries has a Beta of 0.722. This is 14.05% lower than that of the Automobile Components sector and 51.22% lower than that of the Consumer Discretionary industry. The beta for all India stocks is notably lower than that of the firm.
Jamna Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jamna Auto'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 Jamna Auto could also be used in its relative valuation, which is a method of valuing Jamna Auto by comparing valuation metrics of similar companies.Jamna Auto is currently under evaluation in beta category among its peers.
As returns on the market increase, Jamna Auto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jamna Auto is expected to be smaller as well.
Jamna Fundamentals
| Return On Equity | 0.24 | ||||
| Return On Asset | 0.15 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 31.03 B | ||||
| Shares Outstanding | 398.96 M | ||||
| Shares Owned By Insiders | 55.32 % | ||||
| Shares Owned By Institutions | 12.72 % | ||||
| Price To Book | 3.24 X | ||||
| Price To Sales | 1.35 X | ||||
| Revenue | 24.27 B | ||||
| Gross Profit | 7.62 B | ||||
| EBITDA | 3.33 B | ||||
| Net Income | 2.05 B | ||||
| Cash And Equivalents | 55.47 M | ||||
| Total Debt | 1.7 B | ||||
| Book Value Per Share | 22.66 X | ||||
| Cash Flow From Operations | 899.92 M | ||||
| Earnings Per Share | 5.16 X | ||||
| Number Of Employees | 1.06 K | ||||
| Beta | 0.72 | ||||
| Market Capitalization | 42.46 B | ||||
| Total Asset | 13.5 B | ||||
| Retained Earnings | 6.41 B | ||||
| Working Capital | 2.44 B | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 13.5 B |
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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.Additional Tools for Jamna Stock Analysis
When running Jamna Auto's price analysis, check to measure Jamna Auto'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 Jamna Auto is operating at the current time. Most of Jamna Auto's value examination focuses on studying past and present price action to predict the probability of Jamna Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jamna Auto's price. Additionally, you may evaluate how the addition of Jamna Auto to your portfolios can decrease your overall portfolio volatility.