Keyware Technologies Nv Stock Beta
| KEYW Stock | EUR 0.79 0.01 1.25% |
Keyware Technologies NV fundamentals help investors to digest information that contributes to Keyware Technologies' financial success or failures. It also enables traders to predict the movement of Keyware Stock. The fundamental analysis module provides a way to measure Keyware Technologies' 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 Keyware Technologies stock.
Keyware |
Keyware Technologies NV Company Beta Analysis
Keyware Technologies' 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 Keyware Technologies Beta | 0.56 |
Most of Keyware Technologies' 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, Keyware Technologies NV 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, Keyware Technologies NV has a Beta of 0.5614. This is 47.04% lower than that of the IT Services sector and 38.98% lower than that of the Information Technology industry. The beta for all Belgium stocks is notably lower than that of the firm.
Keyware Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Keyware Technologies' 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 Keyware Technologies could also be used in its relative valuation, which is a method of valuing Keyware Technologies by comparing valuation metrics of similar companies.Keyware Technologies is currently under evaluation in beta category among its peers.
As returns on the market increase, Keyware Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Keyware Technologies is expected to be smaller as well.
Keyware Fundamentals
| Return On Equity | 0.0237 | |||
| Return On Asset | 0.0115 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 22.5 M | |||
| Shares Outstanding | 22.52 M | |||
| Shares Owned By Insiders | 71.17 % | |||
| Price To Earning | 30.30 X | |||
| Price To Book | 0.79 X | |||
| Price To Sales | 1.05 X | |||
| Revenue | 17.69 M | |||
| Gross Profit | 9.3 M | |||
| EBITDA | 2.7 M | |||
| Net Income | 653 K | |||
| Cash And Equivalents | 2.59 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 495 K | |||
| Debt To Equity | 25.40 % | |||
| Current Ratio | 1.99 X | |||
| Book Value Per Share | 1.24 X | |||
| Cash Flow From Operations | 2.34 M | |||
| Earnings Per Share | 0.05 X | |||
| Target Price | 3.64 | |||
| Number Of Employees | 69 | |||
| Beta | 0.56 | |||
| Market Capitalization | 23.08 M | |||
| Total Asset | 36.28 M | |||
| Retained Earnings | 10 M | |||
| Working Capital | 2 M | |||
| Current Asset | 6 M | |||
| Current Liabilities | 4 M | |||
| Z Score | 27.6 | |||
| Annual Yield | 0.11 % | |||
| Net Asset | 36.28 M |
About Keyware Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Keyware Technologies NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Keyware Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Keyware Technologies NV 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 Keyware Technologies
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 Keyware Technologies 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 Keyware Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Keyware Stock
Moving against Keyware Stock
The ability to find closely correlated positions to Keyware Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keyware Technologies 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 Keyware Technologies - 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 Keyware Technologies NV to buy it.
The correlation of Keyware Technologies 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 Keyware Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keyware Technologies 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 Keyware Technologies 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.Additional Tools for Keyware Stock Analysis
When running Keyware Technologies' price analysis, check to measure Keyware Technologies' 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 Keyware Technologies is operating at the current time. Most of Keyware Technologies' value examination focuses on studying past and present price action to predict the probability of Keyware Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keyware Technologies' price. Additionally, you may evaluate how the addition of Keyware Technologies to your portfolios can decrease your overall portfolio volatility.