Twin Disc Incorporated Stock Beta
| TWIN Stock | USD 11.42 0.25 2.24% |
Twin Disc Incorporated fundamentals help investors to digest information that contributes to Twin Disc's financial success or failures. It also enables traders to predict the movement of Twin Stock. The fundamental analysis module provides a way to measure Twin Disc'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 Twin Disc stock.
Twin | Beta |
Twin Disc Incorporated Company Beta Analysis
Twin Disc'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 Twin Disc Beta | 0.61 |
Most of Twin Disc'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, Twin Disc Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Twin Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Twin Disc is extremely important. It helps to project a fair market value of Twin Stock properly, considering its historical fundamentals such as Beta. Since Twin Disc'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 Twin Disc'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 Twin Disc'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, Twin Disc Incorporated has a Beta of 0.608. This is 55.62% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Twin Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Twin Disc'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 Twin Disc could also be used in its relative valuation, which is a method of valuing Twin Disc by comparing valuation metrics of similar companies.Twin Disc is currently under evaluation in beta category among its peers.
Twin Disc 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, Twin Disc's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Twin Disc's managers, analysts, and investors.Environmental | Governance | Social |
Twin Disc Institutional Holders
Institutional Holdings refers to the ownership stake in Twin Disc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Twin Disc's 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 Twin Disc's value.| Shares | Heartland Advisors Inc | 2024-09-30 | 189.5 K | Neuberger Berman Group Llc | 2024-06-30 | 169.3 K | State Street Corp | 2024-06-30 | 121 K | Segall Bryant & Hamill | 2024-09-30 | 110.8 K | Kennedy Capital Management Inc | 2024-06-30 | 108 K | Teton Advisors Inc | 2024-09-30 | 103 K | Renaissance Technologies Corp | 2024-09-30 | 102.4 K | Bank Of New York Mellon Corp | 2024-06-30 | 102.3 K | Northern Trust Corp | 2024-09-30 | 94.8 K | Gamco Investors, Inc. Et Al | 2024-06-30 | 1.6 M | Juniper Investment Co, Llc | 2024-09-30 | 1 M |
As returns on the market increase, Twin Disc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Twin Disc is expected to be smaller as well.
Twin Fundamentals
| Return On Equity | 0.0641 | ||||
| Return On Asset | 0.0257 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 185.13 M | ||||
| Shares Outstanding | 14.1 M | ||||
| Shares Owned By Insiders | 21.59 % | ||||
| Shares Owned By Institutions | 66.30 % | ||||
| Number Of Shares Shorted | 149.45 K | ||||
| Price To Earning | 91.39 X | ||||
| Price To Book | 1.00 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 295.13 M | ||||
| Gross Profit | 74.33 M | ||||
| EBITDA | 25.83 M | ||||
| Net Income | 10.99 M | ||||
| Cash And Equivalents | 12.52 M | ||||
| Cash Per Share | 0.91 X | ||||
| Total Debt | 48.22 M | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 2.52 X | ||||
| Book Value Per Share | 11.17 X | ||||
| Cash Flow From Operations | 33.72 M | ||||
| Short Ratio | 9.54 X | ||||
| Earnings Per Share | 0.68 X | ||||
| Price To Earnings To Growth | 252.00 X | ||||
| Target Price | 15.0 | ||||
| Number Of Employees | 910 | ||||
| Beta | 0.61 | ||||
| Market Capitalization | 156.13 M | ||||
| Total Asset | 312.06 M | ||||
| Retained Earnings | 129.59 M | ||||
| Working Capital | 120.11 M | ||||
| Current Asset | 125.03 M | ||||
| Current Liabilities | 36.13 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 3.47 % | ||||
| Net Asset | 312.06 M | ||||
| Last Dividend Paid | 0.16 |
About Twin Disc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Twin Disc Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Twin Disc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Twin Disc Incorporated 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 Twin Disc
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 Twin Disc 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 Twin Disc will appreciate offsetting losses from the drop in the long position's value.Moving against Twin Stock
| 0.52 | B | Barnes Group | PairCorr |
| 0.49 | ATS | ATS Corporation | PairCorr |
| 0.47 | BW | Babcock Wilcox Enter | PairCorr |
| 0.46 | ETN | Eaton PLC | PairCorr |
| 0.45 | CMI | Cummins | PairCorr |
The ability to find closely correlated positions to Twin Disc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Twin Disc 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 Twin Disc - 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 Twin Disc Incorporated to buy it.
The correlation of Twin Disc 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 Twin Disc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Twin Disc 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 Twin Disc 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.Check out Twin Disc Piotroski F Score and Twin Disc Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Twin Disc. If investors know Twin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Twin Disc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.074 | Dividend Share 0.16 | Earnings Share 0.68 | Revenue Per Share 22.15 | Quarterly Revenue Growth 0.147 |
The market value of Twin Disc is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Disc's value that differs from its market value or its book value, called intrinsic value, which is Twin Disc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Twin Disc's market value can be influenced by many factors that don't directly affect Twin Disc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Twin Disc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Disc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Disc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.