Migo Opportunities Trust Stock Beta
| MIGO Stock | 356.50 1.50 0.42% |
Migo Opportunities Trust fundamentals help investors to digest information that contributes to Migo Opportunities' financial success or failures. It also enables traders to predict the movement of Migo Stock. The fundamental analysis module provides a way to measure Migo Opportunities' 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 Migo Opportunities stock.
Migo | Beta |
Migo Opportunities Trust Company Beta Analysis
Migo Opportunities' 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 Migo Opportunities Beta | 0.51 |
Most of Migo Opportunities' 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, Migo Opportunities Trust 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, Migo Opportunities Trust has a Beta of 0.508. This is 38.05% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.5) industry. The beta for all United Kingdom stocks is notably lower than that of the firm.
Migo Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Migo Opportunities' 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 Migo Opportunities could also be used in its relative valuation, which is a method of valuing Migo Opportunities by comparing valuation metrics of similar companies.Migo Opportunities is currently under evaluation in beta category among its peers.
As returns on the market increase, Migo Opportunities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Migo Opportunities is expected to be smaller as well.
Migo Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0633 | ||||
| Profit Margin | 0.83 % | ||||
| Operating Margin | 0.93 % | ||||
| Current Valuation | 82.71 M | ||||
| Shares Outstanding | 20.6 M | ||||
| Shares Owned By Insiders | 17.04 % | ||||
| Shares Owned By Institutions | 24.09 % | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 8.95 X | ||||
| Revenue | 10.03 M | ||||
| Gross Profit | (7.39 M) | ||||
| EBITDA | 8.53 M | ||||
| Net Income | 8.32 M | ||||
| Total Debt | 5 M | ||||
| Book Value Per Share | 3.63 X | ||||
| Cash Flow From Operations | 503 K | ||||
| Earnings Per Share | 0.36 X | ||||
| Beta | 0.51 | ||||
| Market Capitalization | 73.44 M | ||||
| Total Asset | 87.18 M | ||||
| Retained Earnings | 952 K | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 87.18 M | ||||
| Last Dividend Paid | 0.006 |
About Migo Opportunities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Migo Opportunities Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Migo Opportunities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Migo Opportunities Trust 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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When running Migo Opportunities' price analysis, check to measure Migo Opportunities' 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 Migo Opportunities is operating at the current time. Most of Migo Opportunities' value examination focuses on studying past and present price action to predict the probability of Migo Opportunities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Migo Opportunities' price. Additionally, you may evaluate how the addition of Migo Opportunities to your portfolios can decrease your overall portfolio volatility.