Quanergy Systems Stock Beta
| QNGYQDelisted Stock | 0.04 0 6.98% |
Quanergy Systems fundamentals help investors to digest information that contributes to Quanergy Systems' financial success or failures. It also enables traders to predict the movement of Quanergy Pink Sheet. The fundamental analysis module provides a way to measure Quanergy Systems' 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 Quanergy Systems pink sheet.
Quanergy |
Quanergy Systems Company Beta Analysis
Quanergy Systems' 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 Quanergy Systems Beta | 0.49 |
Most of Quanergy Systems' 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, Quanergy Systems 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.
CompetitionIn accordance with the recently published financial statements, Quanergy Systems has a Beta of 0.4857. This is 54.18% lower than that of the Technology sector and 55.44% lower than that of the Scientific & Technical Instruments industry. The beta for all United States stocks is notably lower than that of the firm.
Quanergy Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quanergy Systems' 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 Quanergy Systems could also be used in its relative valuation, which is a method of valuing Quanergy Systems by comparing valuation metrics of similar companies.Quanergy Systems is currently under evaluation in beta category among its peers.
As returns on the market increase, Quanergy Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding Quanergy Systems is expected to be smaller as well.
Quanergy Fundamentals
| Return On Asset | -1.59 | |||
| Operating Margin | (16.86) % | |||
| Shares Outstanding | 16.16 M | |||
| Shares Owned By Insiders | 3.87 % | |||
| Shares Owned By Institutions | 22.82 % | |||
| Number Of Shares Shorted | 199.07 K | |||
| Revenue | 3.93 M | |||
| Gross Profit | (11 K) | |||
| EBITDA | (41.09 M) | |||
| Net Income | (63.54 M) | |||
| Total Debt | 32.82 M | |||
| Book Value Per Share | 1.62 X | |||
| Cash Flow From Operations | (30.12 M) | |||
| Short Ratio | 1.39 X | |||
| Number Of Employees | 126 | |||
| Beta | 0.49 | |||
| Market Capitalization | 646.58 K | |||
| Total Asset | 36.65 M | |||
| Z Score | -3.3 | |||
| Net Asset | 36.65 M |
About Quanergy Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quanergy Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quanergy Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quanergy Systems 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.
Pair Trading with Quanergy Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quanergy Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quanergy Systems will appreciate offsetting losses from the drop in the long position's value.Moving against Quanergy Pink Sheet
| 0.8 | SHMZF | Shimadzu | PairCorr |
| 0.79 | COHR | Coherent | PairCorr |
| 0.78 | TKURF | Tokyu REIT | PairCorr |
| 0.7 | FINN | First National | PairCorr |
| 0.68 | TDY | Teledyne Technologies Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to Quanergy Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quanergy Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quanergy Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quanergy Systems to buy it.
The correlation of Quanergy Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quanergy Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quanergy Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quanergy Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Quanergy Pink Sheet
If you are still planning to invest in Quanergy Systems check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Quanergy Systems' history and understand the potential risks before investing.
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