Proconcept Marketing Group Stock Beta
| LNTO Stock | USD 0.06 0.03 35.33% |
ProConcept Marketing Group fundamentals help investors to digest information that contributes to ProConcept Marketing's financial success or failures. It also enables traders to predict the movement of ProConcept Pink Sheet. The fundamental analysis module provides a way to measure ProConcept Marketing'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 ProConcept Marketing pink sheet.
ProConcept |
ProConcept Marketing Group Company Beta Analysis
ProConcept Marketing'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 ProConcept Marketing Beta | 0.33 |
Most of ProConcept Marketing'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, ProConcept Marketing Group 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, ProConcept Marketing Group has a Beta of 0.3323. This is 59.48% lower than that of the Financial Services sector and 85.8% lower than that of the Capital Markets industry. The beta for all United States stocks is notably lower than that of the firm.
ProConcept Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProConcept Marketing'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 ProConcept Marketing could also be used in its relative valuation, which is a method of valuing ProConcept Marketing by comparing valuation metrics of similar companies.ProConcept Marketing is currently under evaluation in beta category among its peers.
As returns on the market increase, ProConcept Marketing's returns are expected to increase less than the market. However, during the bear market, the loss of holding ProConcept Marketing is expected to be smaller as well.
ProConcept Fundamentals
| Net Income | (71 K) | |||
| Cash And Equivalents | 15 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 36 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 0.26 X | |||
| Book Value Per Share | 15.99 X | |||
| Beta | 0.33 |
About ProConcept Marketing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProConcept Marketing Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProConcept Marketing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProConcept Marketing Group 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 ProConcept Marketing
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 ProConcept Marketing 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 ProConcept Marketing will appreciate offsetting losses from the drop in the long position's value.Moving against ProConcept Pink Sheet
| 0.61 | MS-PA | Morgan Stanley | PairCorr |
| 0.55 | IBKR | Interactive Brokers Fiscal Year End 21st of January 2025 | PairCorr |
| 0.49 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.46 | SCHW | Charles Schwab Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.43 | KB | KB Financial Group | PairCorr |
The ability to find closely correlated positions to ProConcept Marketing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProConcept Marketing 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 ProConcept Marketing - 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 ProConcept Marketing Group to buy it.
The correlation of ProConcept Marketing 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 ProConcept Marketing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProConcept Marketing 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 ProConcept Marketing 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 ProConcept Pink Sheet
ProConcept Marketing financial ratios help investors to determine whether ProConcept 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 ProConcept with respect to the benefits of owning ProConcept Marketing security.