Nwtn Warrant Stock Beta
| NWTNW Stock | 0.06 0.01 8.12% |
NWTN Warrant fundamentals help investors to digest information that contributes to NWTN Warrant's financial success or failures. It also enables traders to predict the movement of NWTN Stock. The fundamental analysis module provides a way to measure NWTN Warrant'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 NWTN Warrant stock.
NWTN | Beta |
NWTN Warrant Company Beta Analysis
NWTN Warrant'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 NWTN Warrant Beta | -0.31 |
Most of NWTN Warrant'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, NWTN Warrant is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NWTN Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for NWTN Warrant is extremely important. It helps to project a fair market value of NWTN Stock properly, considering its historical fundamentals such as Beta. Since NWTN Warrant'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 NWTN Warrant'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 NWTN Warrant'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, NWTN Warrant has a Beta of -0.311. This is 137.02% lower than that of the Automobile Components sector and 128.27% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is 107.33% higher than that of the company.
NWTN Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NWTN Warrant'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 NWTN Warrant could also be used in its relative valuation, which is a method of valuing NWTN Warrant by comparing valuation metrics of similar companies.NWTN Warrant is currently under evaluation in beta category among its peers.
NWTN Warrant Current Valuation Drivers
We derive many important indicators used in calculating different scores of NWTN Warrant from analyzing NWTN Warrant's financial statements. These drivers represent accounts that assess NWTN Warrant's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NWTN Warrant's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.8B | 2.9B | 2.8B | 2.6B | 3.0B | 3.0B | |
| Enterprise Value | 2.8B | 2.9B | 2.9B | 2.4B | 2.8B | 3.0B |
As returns on the market increase, returns on owning NWTN Warrant are expected to decrease at a much lower rate. During the bear market, NWTN Warrant is likely to outperform the market.
NWTN Fundamentals
| Return On Equity | -1.29 | ||||
| Return On Asset | -0.33 | ||||
| Operating Margin | (82.85) % | ||||
| Number Of Shares Shorted | 27.89 K | ||||
| EBITDA | (40.11 M) | ||||
| Net Income | (41.25 M) | ||||
| Total Debt | 22.78 M | ||||
| Book Value Per Share | 0.78 X | ||||
| Cash Flow From Operations | (178.37 M) | ||||
| Number Of Employees | 103 | ||||
| Beta | -0.31 | ||||
| Total Asset | 350.78 M | ||||
| Retained Earnings | (292.23 M) | ||||
| Working Capital | 177.15 M | ||||
| Net Asset | 350.78 M |
About NWTN Warrant Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NWTN Warrant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NWTN Warrant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NWTN Warrant 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for NWTN Stock Analysis
When running NWTN Warrant's price analysis, check to measure NWTN Warrant'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 NWTN Warrant is operating at the current time. Most of NWTN Warrant's value examination focuses on studying past and present price action to predict the probability of NWTN Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NWTN Warrant's price. Additionally, you may evaluate how the addition of NWTN Warrant to your portfolios can decrease your overall portfolio volatility.