Contagious Gaming Inc Stock Beta
| RHRD Stock | EUR 0 0.00 0.00% |
CONTAGIOUS GAMING INC fundamentals help investors to digest information that contributes to CONTAGIOUS GAMING's financial success or failures. It also enables traders to predict the movement of CONTAGIOUS Stock. The fundamental analysis module provides a way to measure CONTAGIOUS GAMING'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 CONTAGIOUS GAMING stock.
CONTAGIOUS |
CONTAGIOUS GAMING INC Company Beta Analysis
CONTAGIOUS GAMING'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 CONTAGIOUS GAMING Beta | 1.08 |
Most of CONTAGIOUS GAMING'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, CONTAGIOUS GAMING INC 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, CONTAGIOUS GAMING INC has a Beta of 1.0796. This indicator is about the same for the Technology average (which is currently at 1.06) sector and 74.13% higher than that of the Electronic Gaming & Multimedia industry. The beta for all Germany stocks is notably lower than that of the firm.
CONTAGIOUS Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CONTAGIOUS GAMING'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 CONTAGIOUS GAMING could also be used in its relative valuation, which is a method of valuing CONTAGIOUS GAMING by comparing valuation metrics of similar companies.CONTAGIOUS GAMING is currently under evaluation in beta category among its peers.
CONTAGIOUS GAMING returns are very sensitive to returns on the market. As the market goes up or down, CONTAGIOUS GAMING is expected to follow.
CONTAGIOUS Fundamentals
| Return On Asset | -4.46 | |||
| Shares Outstanding | 47.01 M | |||
| Shares Owned By Insiders | 12.15 % | |||
| EBITDA | (826.35 K) | |||
| Net Income | (874.09 K) | |||
| Cash And Equivalents | 473.44 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 368.15 K | |||
| Current Ratio | 0.25 X | |||
| Book Value Per Share | (0.05) X | |||
| Cash Flow From Operations | (578.94 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 1.08 | |||
| Market Capitalization | 750.24 K | |||
| Z Score | 1.2 |
About CONTAGIOUS GAMING Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CONTAGIOUS GAMING INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CONTAGIOUS GAMING using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CONTAGIOUS GAMING INC 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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Other Information on Investing in CONTAGIOUS Stock
CONTAGIOUS GAMING financial ratios help investors to determine whether CONTAGIOUS 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 CONTAGIOUS with respect to the benefits of owning CONTAGIOUS GAMING security.