Leone Asset Management Stock Beta
| LEON Stock | USD 0 0.00 0.00% |
Leone Asset Management fundamentals help investors to digest information that contributes to Leone Asset's financial success or failures. It also enables traders to predict the movement of Leone Pink Sheet. The fundamental analysis module provides a way to measure Leone Asset'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 Leone Asset pink sheet.
Leone |
Leone Asset Management Company Beta Analysis
Leone Asset'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 Leone Asset Beta | 17.77 |
Most of Leone Asset'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, Leone Asset Management 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.
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In accordance with the recently published financial statements, Leone Asset Management has a Beta of 17.7699. This is much higher than that of the Industrials sector and notably higher than that of the Conglomerates industry. The beta for all United States stocks is notably lower than that of the firm.
Leone Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Leone Asset's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Leone Asset could also be used in its relative valuation, which is a method of valuing Leone Asset by comparing valuation metrics of similar companies.Leone Asset is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Leone Asset will likely underperform.
Leone Fundamentals
| Return On Asset | -4.56 | |||
| Current Valuation | 11.26 M | |||
| Shares Outstanding | 140.78 M | |||
| Price To Earning | (8.21) X | |||
| Price To Book | 10.37 X | |||
| Price To Sales | 32.04 X | |||
| Revenue | 232.8 K | |||
| EBITDA | (9.4 M) | |||
| Net Income | (13.7 M) | |||
| Cash And Equivalents | 215 | |||
| Total Debt | 9.86 K | |||
| Current Ratio | 0.18 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (2.1 M) | |||
| Earnings Per Share | (0.03) X | |||
| Beta | 17.77 | |||
| Market Capitalization | 11.26 M | |||
| Total Asset | 771.92 K | |||
| Net Asset | 771.92 K |
About Leone Asset Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Leone Asset Management's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Leone Asset using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Leone Asset Management 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 Leone Asset
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 Leone Asset 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 Leone Asset will appreciate offsetting losses from the drop in the long position's value.Moving against Leone Pink Sheet
| 0.74 | MMM | 3M Company | PairCorr |
| 0.6 | AAVMY | ABN AMRO Bank Normal Trading | PairCorr |
| 0.54 | SWZNF | Schweizerische Nationalbank Earnings Call This Week | PairCorr |
| 0.46 | NTRP | NextTrip Symbol Change | PairCorr |
| 0.44 | HYMTF | Hyundai Motor | PairCorr |
The ability to find closely correlated positions to Leone Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leone Asset 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 Leone Asset - 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 Leone Asset Management to buy it.
The correlation of Leone Asset 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 Leone Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leone Asset Management 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 Leone Asset 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.Other Information on Investing in Leone Pink Sheet
Leone Asset financial ratios help investors to determine whether Leone Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Leone with respect to the benefits of owning Leone Asset security.