Roth Ch Acquisition Stock Beta
| ROCLU Stock | USD 11.29 0.04 0.36% |
Roth CH Acquisition fundamentals help investors to digest information that contributes to Roth CH's financial success or failures. It also enables traders to predict the movement of Roth Stock. The fundamental analysis module provides a way to measure Roth CH'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 Roth CH stock.
Roth | Beta |
Roth CH Acquisition Company Beta Analysis
Roth CH'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 Roth CH Beta | -0.04 |
Most of Roth CH'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, Roth CH Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Roth Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Roth CH is extremely important. It helps to project a fair market value of Roth Stock properly, considering its historical fundamentals such as Beta. Since Roth CH'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 Roth CH'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 Roth CH's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Roth CH Acquisition has a Beta of -0.04. This is 104.88% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The beta for all United States stocks is 73.33% lower than that of the firm.
Roth Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Roth CH'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 Roth CH could also be used in its relative valuation, which is a method of valuing Roth CH by comparing valuation metrics of similar companies.Roth CH is currently under evaluation in beta category among its peers.
Roth CH ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Roth CH's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Roth CH's managers, analysts, and investors.Environmental | Governance | Social |
As returns on the market increase, returns on owning Roth CH are expected to decrease at a much lower rate. During the bear market, Roth CH is likely to outperform the market.
Roth Fundamentals
| Return On Equity | 2.02 | ||||
| Return On Asset | -0.0708 | ||||
| Current Valuation | 57.57 M | ||||
| Shares Owned By Institutions | 1.54 % | ||||
| Number Of Shares Shorted | 614 | ||||
| EBITDA | (582.13 K) | ||||
| Net Income | (3.16 M) | ||||
| Cash And Equivalents | 684.57 K | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 416.84 K | ||||
| Current Ratio | 388.89 X | ||||
| Book Value Per Share | (0.49) X | ||||
| Cash Flow From Operations | (1.89 M) | ||||
| Short Ratio | 5.63 X | ||||
| Earnings Per Share | (0.56) X | ||||
| Beta | -0.04 | ||||
| Total Asset | 17.24 M | ||||
| Retained Earnings | (2.4 M) | ||||
| Working Capital | 14.55 M | ||||
| Net Asset | 17.24 M |
About Roth CH Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Roth CH Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Roth CH using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Roth CH Acquisition 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 Roth Stock Analysis
When running Roth CH's price analysis, check to measure Roth CH'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 Roth CH is operating at the current time. Most of Roth CH's value examination focuses on studying past and present price action to predict the probability of Roth CH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roth CH's price. Additionally, you may evaluate how the addition of Roth CH to your portfolios can decrease your overall portfolio volatility.