Rugby Mining Limited Stock Beta
| RUG Stock | CAD 0.04 0.01 10.00% |
Rugby Mining Limited fundamentals help investors to digest information that contributes to Rugby Mining's financial success or failures. It also enables traders to predict the movement of Rugby Stock. The fundamental analysis module provides a way to measure Rugby Mining'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 Rugby Mining stock.
Rugby | Beta |
Rugby Mining Limited Company Beta Analysis
Rugby Mining'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 Rugby Mining Beta | 1.86 |
Most of Rugby Mining'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, Rugby Mining Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Rugby Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Rugby Mining is extremely important. It helps to project a fair market value of Rugby Stock properly, considering its historical fundamentals such as Beta. Since Rugby Mining'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 Rugby Mining'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 Rugby Mining'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, Rugby Mining Limited has a Beta of 1.864. This is 114.25% higher than that of the Metals & Mining sector and 59.32% higher than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
Rugby Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rugby Mining'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 Rugby Mining could also be used in its relative valuation, which is a method of valuing Rugby Mining by comparing valuation metrics of similar companies.Rugby Mining 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, Rugby Mining will likely underperform.
Rugby Fundamentals
| Return On Equity | -6.48 | ||||
| Return On Asset | -2.65 | ||||
| Current Valuation | 13.65 M | ||||
| Shares Outstanding | 316.62 M | ||||
| Shares Owned By Insiders | 18.48 % | ||||
| Shares Owned By Institutions | 1.33 % | ||||
| Number Of Shares Shorted | 449 | ||||
| Price To Earning | 12.50 X | ||||
| Price To Book | 44.96 X | ||||
| Gross Profit | 495 | ||||
| EBITDA | (3.46 M) | ||||
| Net Income | (3.46 M) | ||||
| Cash And Equivalents | 1.24 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 233.64 K | ||||
| Current Ratio | 9.20 X | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (3.26 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 1.86 | ||||
| Market Capitalization | 14.25 M | ||||
| Total Asset | 1.26 M | ||||
| Retained Earnings | (49.91 M) | ||||
| Working Capital | 881.28 K | ||||
| Net Asset | 1.26 M |
About Rugby Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rugby Mining Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rugby Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rugby Mining Limited 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 Rugby Stock Analysis
When running Rugby Mining's price analysis, check to measure Rugby Mining'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 Rugby Mining is operating at the current time. Most of Rugby Mining's value examination focuses on studying past and present price action to predict the probability of Rugby Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rugby Mining's price. Additionally, you may evaluate how the addition of Rugby Mining to your portfolios can decrease your overall portfolio volatility.