Regenx Tech Corp Stock Beta
| RGXTF Stock | 0.01 0 15.22% |
Regenx Tech Corp fundamentals help investors to digest information that contributes to Regenx Tech's financial success or failures. It also enables traders to predict the movement of Regenx OTC Stock. The fundamental analysis module provides a way to measure Regenx Tech'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 Regenx Tech otc stock.
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Regenx Tech Corp OTC Stock Beta Analysis
Regenx Tech'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 Regenx Tech Beta | 0.81 |
Most of Regenx Tech'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, Regenx Tech Corp 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.
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In accordance with the recently published financial statements, Regenx Tech Corp has a Beta of 0.8119. This is 6.68% lower than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The beta for all United States stocks is notably lower than that of the firm.
Regenx Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Regenx Tech's 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 Regenx Tech could also be used in its relative valuation, which is a method of valuing Regenx Tech by comparing valuation metrics of similar companies.Regenx Tech is currently under evaluation in beta category among its peers.
As returns on the market increase, Regenx Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Regenx Tech is expected to be smaller as well.
Regenx Fundamentals
| Return On Equity | 0.0488 | |||
| Return On Asset | -0.17 | |||
| Current Valuation | 20.52 M | |||
| Shares Outstanding | 347.18 M | |||
| Shares Owned By Insiders | 2.00 % | |||
| Price To Book | 2.32 X | |||
| EBITDA | (3.9 M) | |||
| Net Income | (4.37 M) | |||
| Total Debt | 2.04 M | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (3.68 M) | |||
| Beta | 0.81 | |||
| Market Capitalization | 28.05 M | |||
| Total Asset | 9.48 M | |||
| Z Score | 7.8 | |||
| Net Asset | 9.48 M |
About Regenx Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Regenx Tech Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Regenx Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Regenx Tech Corp 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 Regenx OTC Stock
Regenx Tech financial ratios help investors to determine whether Regenx 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 Regenx with respect to the benefits of owning Regenx Tech security.