Swiss Water Decaffeinated Stock Beta
| SWP Stock | CAD 4.54 0.04 0.89% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Swiss Water's long-term financial health and intrinsic value.
Swiss |
Swiss Water Decaffeinated Company Beta Analysis
Swiss Water'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 Swiss Water Beta | 1.08 |
Most of Swiss Water'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, Swiss Water Decaffeinated 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, Swiss Water Decaffeinated has a Beta of 1.075. This is 12.6% lower than that of the Food Products sector and 3.15% lower than that of the Consumer Staples industry. The beta for all Canada stocks is notably lower than that of the firm.
Swiss Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Swiss Water'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 Swiss Water could also be used in its relative valuation, which is a method of valuing Swiss Water by comparing valuation metrics of similar companies.Swiss Water is currently under evaluation in beta category among its peers.
Swiss Water returns are very sensitive to returns on the market. As the market goes up or down, Swiss Water is expected to follow.
Swiss Fundamentals
| Return On Equity | 0.0423 | ||||
| Return On Asset | 0.0315 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 151 M | ||||
| Shares Outstanding | 9.54 M | ||||
| Shares Owned By Insiders | 5.56 % | ||||
| Shares Owned By Institutions | 14.52 % | ||||
| Number Of Shares Shorted | 10.91 K | ||||
| Price To Earning | 18.39 X | ||||
| Price To Book | 0.76 X | ||||
| Price To Sales | 0.18 X | ||||
| Revenue | 173.13 M | ||||
| Gross Profit | 25.95 M | ||||
| EBITDA | 17.83 M | ||||
| Net Income | 1.27 M | ||||
| Cash And Equivalents | 8.51 M | ||||
| Cash Per Share | 0.61 X | ||||
| Total Debt | 117.6 M | ||||
| Debt To Equity | 92.40 % | ||||
| Current Ratio | 2.61 X | ||||
| Book Value Per Share | 5.98 X | ||||
| Cash Flow From Operations | 2.14 M | ||||
| Short Ratio | 4.58 X | ||||
| Earnings Per Share | 0.08 X | ||||
| Target Price | 6.1 | ||||
| Number Of Employees | 85 | ||||
| Beta | 1.08 | ||||
| Market Capitalization | 43.33 M | ||||
| Total Asset | 216.92 M | ||||
| Retained Earnings | 11.78 M | ||||
| Working Capital | 3.96 M | ||||
| Five Year Return | 3.92 % | ||||
| Net Asset | 216.92 M |
About Swiss Water Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Swiss Water Decaffeinated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Swiss Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Swiss Water Decaffeinated 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 Swiss Water
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 Swiss Water 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 Swiss Water will appreciate offsetting losses from the drop in the long position's value.Moving against Swiss Stock
| 0.52 | SFI | Solution Financial | PairCorr |
| 0.51 | CGG | China Gold International | PairCorr |
| 0.51 | WPM | Wheaton Precious Metals | PairCorr |
| 0.5 | HWO | High Arctic Energy | PairCorr |
| 0.38 | AX-UN | Artis Real Estate | PairCorr |
The ability to find closely correlated positions to Swiss Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Swiss Water 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 Swiss Water - 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 Swiss Water Decaffeinated to buy it.
The correlation of Swiss Water 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 Swiss Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Swiss Water Decaffeinated 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 Swiss Water 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.Other Information on Investing in Swiss Stock
Swiss Water financial ratios help investors to determine whether Swiss 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 Swiss with respect to the benefits of owning Swiss Water security.