Simulations Plus Stock Beta

SLP Stock

USD 31.32 1.28 4.26%

Simulations Plus fundamentals help investors to digest information that contributes to Simulations Plus' financial success or failures. It also enables traders to predict the movement of Simulations Stock. The fundamental analysis module provides a way to measure Simulations Plus' 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 Simulations Plus stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Simulations Plus Company Beta Analysis

Simulations Plus' 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.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Simulations Plus Beta

0.71

Most of Simulations Plus' 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, Simulations Plus is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Simulations Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Simulations Plus is extremely important. It helps to project a fair market value of Simulations Stock properly, considering its historical fundamentals such as Beta. Since Simulations Plus' 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 Simulations Plus' 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 Simulations Plus' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Long Term Debt	Property Plant Equipment	Intangible Assets	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Good Will	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	-0.38	0.91	0.68	0.94	0.84	0.75	-0.21	0.9	0.78	0.42	0.89	0.88	0.99	1.0	-0.16	0.69	0.25	-0.5	0.97	0.72	0.86
Total Stockholder Equity	1.0		-0.37	0.91	0.65	0.93	0.81	0.77	-0.23	0.89	0.78	0.4	0.89	0.86	0.99	1.0	-0.19	0.66	0.24	-0.49	0.98	0.75	0.86
Net Debt	-0.38	-0.37		-0.38	-0.2	-0.37	-0.35	-0.38	-0.15	-0.28	-0.35	-0.43	-0.31	-0.3	-0.33	-0.36	-0.2	-0.14	-0.28	0.14	-0.38	-0.38	-0.3
Retained Earnings	0.91	0.91	-0.38		0.59	0.96	0.72	0.76	-0.14	0.79	0.77	0.49	0.82	0.75	0.86	0.88	-0.04	0.54	0.32	-0.54	0.88	0.73	0.78
Accounts Payable	0.68	0.65	-0.2	0.59		0.75	0.86	0.13	-0.11	0.6	0.35	0.31	0.63	0.85	0.67	0.68	0.07	0.89	0.16	-0.37	0.55	0.1	0.48
Net Receivables	0.94	0.93	-0.37	0.96	0.75		0.87	0.64	-0.17	0.84	0.77	0.55	0.86	0.88	0.9	0.92	0.01	0.72	0.38	-0.58	0.88	0.61	0.8
Total Liab	0.84	0.81	-0.35	0.72	0.86	0.87		0.33	-0.06	0.77	0.66	0.57	0.76	0.97	0.79	0.81	0.22	0.89	0.38	-0.41	0.71	0.29	0.68
Total Current Assets	0.75	0.77	-0.38	0.76	0.13	0.64	0.33		-0.17	0.59	0.57	0.24	0.65	0.35	0.72	0.75	-0.27	0.03	0.15	-0.4	0.84	1.0	0.67
Short Term Debt	-0.21	-0.23	-0.15	-0.14	-0.11	-0.17	-0.06	-0.17		-0.18	-0.12	0.0	-0.14	-0.14	-0.27	-0.24	0.36	-0.16	-0.18	0.65	-0.25	-0.17	-0.18
Common Stock	0.9	0.89	-0.28	0.79	0.6	0.84	0.77	0.59	-0.18		0.83	0.3	0.96	0.83	0.91	0.88	-0.27	0.7	0.17	-0.41	0.86	0.56	0.97
Current Deferred Revenue	0.78	0.78	-0.35	0.77	0.35	0.77	0.66	0.57	-0.12	0.83		0.41	0.71	0.71	0.76	0.74	-0.12	0.54	0.28	-0.45	0.75	0.54	0.82
Long Term Debt	0.42	0.4	-0.43	0.49	0.31	0.55	0.57	0.24	0.0	0.3	0.41		0.34	0.48	0.31	0.37	0.67	0.35	0.93	-0.42	0.32	0.21	0.28
Property Plant Equipment	0.89	0.89	-0.31	0.82	0.63	0.86	0.76	0.65	-0.14	0.96	0.71	0.34		0.79	0.89	0.88	-0.21	0.64	0.19	-0.39	0.86	0.62	0.94
Intangible Assets	0.88	0.86	-0.3	0.75	0.85	0.88	0.97	0.35	-0.14	0.83	0.71	0.48	0.79		0.87	0.86	0.04	0.94	0.3	-0.42	0.76	0.31	0.74
Net Tangible Assets	0.99	0.99	-0.33	0.86	0.67	0.9	0.79	0.72	-0.27	0.91	0.76	0.31	0.89	0.87		0.99	-0.29	0.7	0.17	-0.48	0.97	0.7	0.87
Capital Surpluse	1.0	1.0	-0.36	0.88	0.68	0.92	0.81	0.75	-0.24	0.88	0.74	0.37	0.88	0.86	0.99		-0.21	0.68	0.22	-0.48	0.97	0.73	0.85
Deferred Long Term Liab	-0.16	-0.19	-0.2	-0.04	0.07	0.01	0.22	-0.27	0.36	-0.27	-0.12	0.67	-0.21	0.04	-0.29	-0.21		0.02	0.57	0.1	-0.29	-0.28	-0.33
Good Will	0.69	0.66	-0.14	0.54	0.89	0.72	0.89	0.03	-0.16	0.7	0.54	0.35	0.64	0.94	0.7	0.68	0.02		0.21	-0.32	0.54	0.0	0.57
Long Term Debt Total	0.25	0.24	-0.28	0.32	0.16	0.38	0.38	0.15	-0.18	0.17	0.28	0.93	0.19	0.3	0.17	0.22	0.57	0.21		-0.48	0.2	0.12	0.17
Short Long Term Debt	-0.5	-0.49	0.14	-0.54	-0.37	-0.58	-0.41	-0.4	0.65	-0.41	-0.45	-0.42	-0.39	-0.42	-0.48	-0.48	0.1	-0.32	-0.48		-0.48	-0.38	-0.4
Net Invested Capital	0.97	0.98	-0.38	0.88	0.55	0.88	0.71	0.84	-0.25	0.86	0.75	0.32	0.86	0.76	0.97	0.97	-0.29	0.54	0.2	-0.48		0.82	0.88
Net Working Capital	0.72	0.75	-0.38	0.73	0.1	0.61	0.29	1.0	-0.17	0.56	0.54	0.21	0.62	0.31	0.7	0.73	-0.28	0.0	0.12	-0.38	0.82		0.64
Capital Stock	0.86	0.86	-0.3	0.78	0.48	0.8	0.68	0.67	-0.18	0.97	0.82	0.28	0.94	0.74	0.87	0.85	-0.33	0.57	0.17	-0.4	0.88	0.64

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

Predict Simulations Plus

In accordance with the recently published financial statements, Simulations Plus has a Beta of 0.709. This is 17.56% lower than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.

Simulations Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Simulations Plus' 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 Simulations Plus could also be used in its relative valuation, which is a method of valuing Simulations Plus by comparing valuation metrics of similar companies.

Simulations Plus is currently under evaluation in beta category among its peers.

Simulations Plus 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, Simulations Plus' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Simulations Plus' managers, analysts, and investors.

Environmental

Governance

Social

Simulations Plus Institutional Holders

Institutional Holdings refers to the ownership stake in Simulations Plus that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Simulations Plus' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Simulations Plus' value.

		Shares
Dimensional Fund Advisors, Inc.	2024-09-30	395 K
Wasatch Advisors Lp	2024-06-30	294.8 K
Ing Investment Management Llc	2024-06-30	290.9 K
Royce & Associates, Lp	2024-09-30	237.4 K
Crawford Investment Counsel, Inc	2024-06-30	234.7 K
Bank Of New York Mellon Corp	2024-06-30	222.3 K
Northern Trust Corp	2024-09-30	214.9 K
Tributary Capital Management, Llc	2024-06-30	210.4 K
Congress Asset Management Company, Llp	2024-09-30	206.5 K
Blackrock Inc	2024-06-30	2.5 M
Conestoga Capital Advisors, Llc	2024-09-30	1.9 M

As returns on the market increase, Simulations Plus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Simulations Plus is expected to be smaller as well.

Simulations Fundamentals

	Return On Equity	0.0565
	Return On Asset	0.0285
	Profit Margin	0.14 %
	Operating Margin	0.08 %
	Current Valuation	534.2 M
	Shares Outstanding	20.07 M
	Shares Owned By Insiders	18.13 %
	Shares Owned By Institutions	77.78 %
	Number Of Shares Shorted	980.06 K
	Price To Earning	75.17 X
	Price To Book	3.56 X
	Price To Sales	8.61 X
	Revenue	70.01 M
	Gross Profit	43.08 M
	EBITDA	6.13 M
	Net Income	9.95 M
	Cash And Equivalents	122.47 M
	Cash Per Share	6.05 X
	Total Debt	1.01 M
	Debt To Equity	0.01 %
	Current Ratio	24.49 X
	Book Value Per Share	9.10 X
	Cash Flow From Operations	13.32 M
	Short Ratio	4.68 X
	Earnings Per Share	0.49 X
	Price To Earnings To Growth	9.77 X
	Target Price	50.0
	Number Of Employees	243
	Beta	0.71
	Market Capitalization	602.82 M
	Total Asset	207.64 M
	Retained Earnings	30.35 M
	Working Capital	27.27 M
	Current Asset	11.53 M
	Current Liabilities	1.39 M
	Annual Yield	0.01 %
	Five Year Return	0.76 %
	Net Asset	207.64 M
	Last Dividend Paid	0.24

About Simulations Plus Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Simulations Plus's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simulations Plus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simulations Plus 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 Simulations Plus

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 Simulations Plus 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 Simulations Plus will appreciate offsetting losses from the drop in the long position's value.

Moving against Simulations Stock

0.73	ELMD	Electromed	Pair Corr
0.58	ECOR	Electrocore LLC Upward Rally	Pair Corr
0.54	DOCS	Doximity	Pair Corr
0.53	MD	Mednax Inc	Pair Corr
0.36	VREX	Varex Imaging Corp	Pair Corr

The ability to find closely correlated positions to Simulations Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Simulations Plus 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 Simulations Plus - 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 Simulations Plus to buy it.

The correlation of Simulations Plus 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 Simulations Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Simulations Plus 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 Simulations Plus 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.

Pair Correlation Correlation Matching

Additional Tools for Simulations Stock Analysis

When running Simulations Plus' price analysis, check to measure Simulations Plus' 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 Simulations Plus is operating at the current time. Most of Simulations Plus' value examination focuses on studying past and present price action to predict the probability of Simulations Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simulations Plus' price. Additionally, you may evaluate how the addition of Simulations Plus to your portfolios can decrease your overall portfolio volatility.

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