Mmx Minerao E Etf Beta
| MMXM11 Etf | BRL 2.10 0.00 0.00% |
MMX Minerao e fundamentals help investors to digest information that contributes to MMX Minerao's financial success or failures. It also enables traders to predict the movement of MMX Etf. The fundamental analysis module provides a way to measure MMX Minerao'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 MMX Minerao etf.
MMX |
MMX Minerao e ETF Beta Analysis
MMX Minerao'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 MMX Minerao Beta | 1.88 |
Most of MMX Minerao'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, MMX Minerao e 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, MMX Minerao e has a Beta of 1.88. This is 116.09% higher than that of the Basic Materials family and 60.68% higher than that of the Family category. The beta for all Brazil etfs is notably lower than that of the firm.
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As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MMX Minerao will likely underperform.
MMX Fundamentals
| Return On Equity | -2071.5 | |||
| Return On Asset | 35.59 | |||
| Current Valuation | 209.14 M | |||
| Price To Earning | 0.01 X | |||
| Price To Book | 0.36 X | |||
| Price To Sales | 3.95 X | |||
| Revenue | 3.5 M | |||
| Gross Profit | (386 K) | |||
| EBITDA | 80.53 M | |||
| Net Income | (109.44 M) | |||
| Cash And Equivalents | 6 K | |||
| Total Debt | 207.6 M | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 0.04 X | |||
| Book Value Per Share | (95.40) X | |||
| Cash Flow From Operations | (1.39 M) | |||
| Earnings Per Share | (16.87) X | |||
| Number Of Employees | 13 | |||
| Beta | 1.88 | |||
| Market Capitalization | 13.82 M | |||
| Total Asset | 206 M | |||
| Retained Earnings | (6.24 B) | |||
| Working Capital | (901 M) | |||
| Current Asset | 151 M | |||
| Current Liabilities | 1.05 B | |||
| Z Score | -46.8 |
About MMX Minerao Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MMX Minerao e's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MMX Minerao using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MMX Minerao e based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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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MMX Minerao financial ratios help investors to determine whether MMX Etf 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 MMX with respect to the benefits of owning MMX Minerao security.