Psyence Biomedical Ltd Stock Beta
| PBM Stock | USD 3.51 0.17 5.09% |
Psyence Biomedical Ltd fundamentals help investors to digest information that contributes to Psyence Biomedical's financial success or failures. It also enables traders to predict the movement of Psyence Stock. The fundamental analysis module provides a way to measure Psyence Biomedical'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 Psyence Biomedical stock.
Psyence | Beta |
Psyence Biomedical Ltd Company Beta Analysis
Psyence Biomedical'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 Psyence Biomedical Beta | -0.36 |
Most of Psyence Biomedical'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, Psyence Biomedical Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Psyence Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Psyence Biomedical is extremely important. It helps to project a fair market value of Psyence Stock properly, considering its historical fundamentals such as Beta. Since Psyence Biomedical'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 Psyence Biomedical'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 Psyence Biomedical'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, Psyence Biomedical Ltd has a Beta of -0.363. This is 142.21% lower than that of the Biotechnology sector and 126.12% lower than that of the Health Care industry. The beta for all United States stocks is 142.0% higher than that of the company.
Psyence Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Psyence Biomedical'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 Psyence Biomedical could also be used in its relative valuation, which is a method of valuing Psyence Biomedical by comparing valuation metrics of similar companies.Psyence Biomedical is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Psyence Biomedical are expected to decrease at a much lower rate. During the bear market, Psyence Biomedical is likely to outperform the market.
Psyence Fundamentals
| Return On Asset | -1.26 | ||||
| Current Valuation | 12.32 M | ||||
| Shares Outstanding | 16.7 M | ||||
| Shares Owned By Insiders | 58.48 % | ||||
| Shares Owned By Institutions | 13.24 % | ||||
| Number Of Shares Shorted | 823.87 K | ||||
| EBITDA | (2.75 M) | ||||
| Net Income | (51.16 M) | ||||
| Cash And Equivalents | 281.63 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 10.45 M | ||||
| Current Ratio | 7.95 X | ||||
| Book Value Per Share | (0.82) X | ||||
| Cash Flow From Operations | (2.95 M) | ||||
| Short Ratio | 0.71 X | ||||
| Earnings Per Share | (7.82) X | ||||
| Beta | -0.36 | ||||
| Market Capitalization | 2.6 M | ||||
| Total Asset | 1.13 M | ||||
| Retained Earnings | (57.46 M) | ||||
| Working Capital | (10.98 M) | ||||
| Current Asset | 327 K | ||||
| Current Liabilities | 42 K | ||||
| Net Asset | 1.13 M |
About Psyence Biomedical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Psyence Biomedical Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Psyence Biomedical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Psyence Biomedical Ltd 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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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Psyence Biomedical. If investors know Psyence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Psyence Biomedical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.82) | Return On Assets (1.26) |
The market value of Psyence Biomedical is measured differently than its book value, which is the value of Psyence that is recorded on the company's balance sheet. Investors also form their own opinion of Psyence Biomedical's value that differs from its market value or its book value, called intrinsic value, which is Psyence Biomedical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Psyence Biomedical's market value can be influenced by many factors that don't directly affect Psyence Biomedical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Psyence Biomedical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Psyence Biomedical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Psyence Biomedical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.