Moving Image Technologies Stock Beta
| MITQ Stock | USD 0.65 0.02 3.17% |
Moving iMage Technologies fundamentals help investors to digest information that contributes to Moving IMage's financial success or failures. It also enables traders to predict the movement of Moving Stock. The fundamental analysis module provides a way to measure Moving IMage'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 Moving IMage stock.
Moving | Beta |
Moving iMage Technologies Company Beta Analysis
Moving IMage'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 Moving IMage Beta | 0.32 |
Most of Moving IMage'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, Moving iMage Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Moving Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Moving IMage is extremely important. It helps to project a fair market value of Moving Stock properly, considering its historical fundamentals such as Beta. Since Moving IMage's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Moving IMage's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Moving IMage's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Moving iMage Technologies has a Beta of 0.318. This is 70.0% lower than that of the Electronic Equipment, Instruments & Components sector and 89.94% lower than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Moving Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Moving IMage'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 Moving IMage could also be used in its relative valuation, which is a method of valuing Moving IMage by comparing valuation metrics of similar companies.Moving IMage is currently under evaluation in beta category among its peers.
As returns on the market increase, Moving IMage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Moving IMage is expected to be smaller as well.
Moving Fundamentals
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.0816 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 2.08 M | ||||
| Shares Outstanding | 9.9 M | ||||
| Shares Owned By Insiders | 35.41 % | ||||
| Shares Owned By Institutions | 2.30 % | ||||
| Number Of Shares Shorted | 49.43 K | ||||
| Price To Book | 1.10 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 20.14 M | ||||
| Gross Profit | 5.31 M | ||||
| EBITDA | (1.22 M) | ||||
| Net Income | (1.37 M) | ||||
| Cash And Equivalents | 6.7 M | ||||
| Cash Per Share | 0.61 X | ||||
| Total Debt | 151 K | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 2.47 X | ||||
| Book Value Per Share | 0.57 X | ||||
| Cash Flow From Operations | (796 K) | ||||
| Short Ratio | 0.64 X | ||||
| Earnings Per Share | (0.17) X | ||||
| Number Of Employees | 32 | ||||
| Beta | 0.32 | ||||
| Market Capitalization | 6.24 M | ||||
| Total Asset | 10.52 M | ||||
| Retained Earnings | (6.25 M) | ||||
| Working Capital | 6.79 M | ||||
| Net Asset | 10.52 M |
About Moving IMage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Moving iMage Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Moving IMage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Moving iMage Technologies 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 Moving IMage
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 Moving IMage 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 Moving IMage will appreciate offsetting losses from the drop in the long position's value.Moving against Moving Stock
| 0.65 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.56 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.53 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.48 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.4 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to Moving IMage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Moving IMage 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 Moving IMage - 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 Moving iMage Technologies to buy it.
The correlation of Moving IMage 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 Moving IMage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Moving iMage 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 Moving IMage 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 Moving Stock Analysis
When running Moving IMage's price analysis, check to measure Moving IMage'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 Moving IMage is operating at the current time. Most of Moving IMage's value examination focuses on studying past and present price action to predict the probability of Moving IMage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Moving IMage's price. Additionally, you may evaluate how the addition of Moving IMage to your portfolios can decrease your overall portfolio volatility.