Probe Metals Beta
| PROBF Stock | USD 2.65 0.03 1.15% |
As of the 27th of February, Probe Metals holds the Semi Deviation of 1.02, coefficient of variation of 1043.12, and Risk Adjusted Performance of 0.0818. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Probe Metals, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed nineteen technical drivers for Probe Metals, which can be compared to its competitors. Please check Probe Metals treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Probe Metals is priced some-what accurately, providing market reflects its current price of 2.65 per share. Please also confirm Probe Metals total risk alpha, which is currently at (0.05) to check out the company can sustain itself at a future point.
Probe Metals' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Probe Metals' valuation are provided below:Probe Metals does not presently have any trending fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Probe |
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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.
CompetitionIn accordance with the recently published financial statements, Probe Metals has a Beta of 1.389. This is 59.66% higher than that of the Metals & Mining sector and notably higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
Probe Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Probe Metals' 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 Probe Metals could also be used in its relative valuation, which is a method of valuing Probe Metals by comparing valuation metrics of similar companies.Probe Metals 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, Probe Metals will likely underperform.
Probe Fundamentals
| Return On Equity | -1.0 | |||
| Return On Asset | -0.61 | |||
| Current Valuation | 110.08 M | |||
| Shares Outstanding | 151.41 M | |||
| Shares Owned By Insiders | 15.70 % | |||
| Shares Owned By Institutions | 24.46 % | |||
| Price To Earning | (9.45) X | |||
| Price To Book | 5.64 X | |||
| EBITDA | (11.86 M) | |||
| Net Income | (12.77 M) | |||
| Cash And Equivalents | 43.81 M | |||
| Cash Per Share | 0.29 X | |||
| Total Debt | 341.47 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 10.18 X | |||
| Book Value Per Share | 0.22 X | |||
| Cash Flow From Operations | (12.94 M) | |||
| Earnings Per Share | (0.11) X | |||
| Beta | 1.39 | |||
| Market Capitalization | 158.23 M | |||
| Total Asset | 34.88 M | |||
| Net Asset | 34.88 M |
About Probe Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Probe Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Probe Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Probe Metals 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.
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Other Information on Investing in Probe OTC Stock
Probe Metals financial ratios help investors to determine whether Probe OTC Stock 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 Probe with respect to the benefits of owning Probe Metals security.