Predictive Discovery Limited Stock Beta
| PDIYF Stock | 0.17 0.02 13.33% |
Predictive Discovery Limited fundamentals help investors to digest information that contributes to Predictive Discovery's financial success or failures. It also enables traders to predict the movement of Predictive Pink Sheet. The fundamental analysis module provides a way to measure Predictive Discovery'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 Predictive Discovery pink sheet.
Predictive |
Predictive Discovery Limited Company Beta Analysis
Predictive Discovery'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 Predictive Discovery Beta | 4.77 |
Most of Predictive Discovery'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, Predictive Discovery Limited 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.
| Competition |
In accordance with the recently published financial statements, Predictive Discovery Limited has a Beta of 4.774. This is much higher than that of the Basic Materials sector and notably higher than that of the Gold industry. The beta for all United States stocks is notably lower than that of the firm.
Predictive Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Predictive Discovery's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Predictive Discovery could also be used in its relative valuation, which is a method of valuing Predictive Discovery by comparing valuation metrics of similar companies.Predictive Discovery is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Predictive Discovery will likely underperform.
Predictive Fundamentals
| Return On Equity | -0.18 | |||
| Return On Asset | -0.0871 | |||
| Current Valuation | 212.76 M | |||
| Shares Outstanding | 1.79 B | |||
| Shares Owned By Insiders | 28.98 % | |||
| Shares Owned By Institutions | 27.95 % | |||
| Price To Book | 6.23 X | |||
| EBITDA | (9.78 M) | |||
| Net Income | (9.69 M) | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (23.04 M) | |||
| Beta | 4.77 | |||
| Market Capitalization | 222.66 M | |||
| Total Asset | 80.63 M | |||
| Net Asset | 80.63 M |
About Predictive Discovery Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Predictive Discovery Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Predictive Discovery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Predictive Discovery Limited 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.
Currently Active Assets on Macroaxis
Other Information on Investing in Predictive Pink Sheet
Predictive Discovery financial ratios help investors to determine whether Predictive Pink Sheet 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 Predictive with respect to the benefits of owning Predictive Discovery security.