Plurilock Security Stock Beta
| PLUR Stock | CAD 0.39 0.01 2.63% |
Plurilock Security fundamentals help investors to digest information that contributes to Plurilock Security's financial success or failures. It also enables traders to predict the movement of Plurilock Stock. The fundamental analysis module provides a way to measure Plurilock Security'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 Plurilock Security stock.
Plurilock | Beta |
Plurilock Security Company Beta Analysis
Plurilock Security'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 Plurilock Security Beta | 1.97 |
Most of Plurilock Security'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, Plurilock Security is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Plurilock Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Plurilock Security is extremely important. It helps to project a fair market value of Plurilock Stock properly, considering its historical fundamentals such as Beta. Since Plurilock Security'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 Plurilock Security'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 Plurilock Security's interrelated accounts and indicators.
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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, Plurilock Security has a Beta of 1.965. This is 85.38% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all Canada stocks is notably lower than that of the firm.
Plurilock Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plurilock Security'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 Plurilock Security could also be used in its relative valuation, which is a method of valuing Plurilock Security by comparing valuation metrics of similar companies.Plurilock Security 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, Plurilock Security will likely underperform.
Plurilock Fundamentals
| Return On Equity | -25.44 | ||||
| Return On Asset | -0.18 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 27.67 M | ||||
| Shares Outstanding | 70.56 M | ||||
| Shares Owned By Insiders | 3.81 % | ||||
| Shares Owned By Institutions | 0.95 % | ||||
| Number Of Shares Shorted | 677.43 K | ||||
| Price To Book | 715.20 X | ||||
| Price To Sales | 0.41 X | ||||
| Revenue | 70.42 M | ||||
| Gross Profit | 2.38 M | ||||
| EBITDA | (5.52 M) | ||||
| Net Income | (9.09 M) | ||||
| Cash And Equivalents | 5.85 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 4.5 M | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 3.08 X | ||||
| Book Value Per Share | (0.43) X | ||||
| Cash Flow From Operations | (2.13 M) | ||||
| Short Ratio | 1.76 X | ||||
| Earnings Per Share | (0.79) X | ||||
| Target Price | 0.6 | ||||
| Number Of Employees | 58 | ||||
| Beta | 1.97 | ||||
| Market Capitalization | 27.52 M | ||||
| Total Asset | 27.14 M | ||||
| Retained Earnings | (33.21 M) | ||||
| Working Capital | (8.33 M) | ||||
| Net Asset | 27.14 M |
About Plurilock Security Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Plurilock Security's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plurilock Security using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plurilock Security 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 Plurilock Stock Analysis
When running Plurilock Security's price analysis, check to measure Plurilock Security'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 Plurilock Security is operating at the current time. Most of Plurilock Security's value examination focuses on studying past and present price action to predict the probability of Plurilock Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plurilock Security's price. Additionally, you may evaluate how the addition of Plurilock Security to your portfolios can decrease your overall portfolio volatility.