Nufarm Finance Nz Stock Beta
| NFNG Stock | 91.40 0.85 0.94% |
Nufarm Finance NZ fundamentals help investors to digest information that contributes to Nufarm Finance's financial success or failures. It also enables traders to predict the movement of Nufarm Stock. The fundamental analysis module provides a way to measure Nufarm Finance'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 Nufarm Finance stock.
Nufarm |
Nufarm Finance NZ Company Beta Analysis
Nufarm Finance'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.
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.
In accordance with the recently published financial statements, Nufarm Finance NZ has a Beta of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Beta (which currently averages 0.0) industry. This indicator is about the same for all Australia stocks average (which is currently at 0.0).
Nufarm Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nufarm Finance'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 Nufarm Finance could also be used in its relative valuation, which is a method of valuing Nufarm Finance by comparing valuation metrics of similar companies.Nufarm Finance is currently under evaluation in beta category among its peers.
Nufarm Fundamentals
| Market Capitalization | 914 M | |||
| Annual Yield | 0.09 % |
About Nufarm Finance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nufarm Finance NZ's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nufarm Finance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nufarm Finance NZ 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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Additional Tools for Nufarm Stock Analysis
When running Nufarm Finance's price analysis, check to measure Nufarm Finance'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 Nufarm Finance is operating at the current time. Most of Nufarm Finance's value examination focuses on studying past and present price action to predict the probability of Nufarm Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nufarm Finance's price. Additionally, you may evaluate how the addition of Nufarm Finance to your portfolios can decrease your overall portfolio volatility.