New Ulm Telecom Stock Beta
| NUVR Stock | USD 8.50 0.02 0.23% |
New Ulm Telecom fundamentals help investors to digest information that contributes to New Ulm's financial success or failures. It also enables traders to predict the movement of New OTC Stock. The fundamental analysis module provides a way to measure New Ulm'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 New Ulm otc stock.
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New Ulm Telecom OTC Stock Beta Analysis
New Ulm'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 New Ulm Beta | 0.36 |
Most of New Ulm'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, New Ulm Telecom 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, New Ulm Telecom has a Beta of 0.3581. This is 72.02% lower than that of the Diversified Telecommunication Services sector and 50.26% lower than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.
New Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Ulm's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of New Ulm could also be used in its relative valuation, which is a method of valuing New Ulm by comparing valuation metrics of similar companies.New Ulm is currently under evaluation in beta category among its peers.
As returns on the market increase, New Ulm's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Ulm is expected to be smaller as well.
New Fundamentals
| Return On Equity | 0.0836 | |||
| Return On Asset | 0.0416 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 151.97 M | |||
| Shares Outstanding | 5.08 M | |||
| Shares Owned By Insiders | 13.91 % | |||
| Shares Owned By Institutions | 8.15 % | |||
| Price To Earning | 9.63 X | |||
| Price To Book | 0.85 X | |||
| Price To Sales | 1.32 X | |||
| Revenue | 65.84 M | |||
| Gross Profit | 36.8 M | |||
| EBITDA | 30.75 M | |||
| Net Income | 12.25 M | |||
| Cash And Equivalents | 906.87 K | |||
| Cash Per Share | 0.18 X | |||
| Total Debt | 43.11 M | |||
| Debt To Equity | 0.54 % | |||
| Current Ratio | 2.74 X | |||
| Book Value Per Share | 20.09 X | |||
| Cash Flow From Operations | 20.78 M | |||
| Earnings Per Share | 1.61 X | |||
| Number Of Employees | 213 | |||
| Beta | 0.36 | |||
| Market Capitalization | 84.3 M | |||
| Total Asset | 174.74 M | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 2.37 % | |||
| Net Asset | 174.74 M | |||
| Last Dividend Paid | 0.56 |
About New Ulm Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Ulm Telecom's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Ulm using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Ulm Telecom based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 New Ulm
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 New Ulm 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 New Ulm will appreciate offsetting losses from the drop in the long position's value.Moving against New OTC Stock
| 0.63 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.59 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.59 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.58 | BKRKY | Bank Rakyat | PairCorr |
| 0.51 | PPERY | Bank Mandiri Persero | PairCorr |
The ability to find closely correlated positions to New Ulm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Ulm 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 New Ulm - 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 New Ulm Telecom to buy it.
The correlation of New Ulm 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 New Ulm moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Ulm Telecom 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 New Ulm 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 New OTC Stock Analysis
When running New Ulm's price analysis, check to measure New Ulm'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 New Ulm is operating at the current time. Most of New Ulm's value examination focuses on studying past and present price action to predict the probability of New Ulm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Ulm's price. Additionally, you may evaluate how the addition of New Ulm to your portfolios can decrease your overall portfolio volatility.