VimpelCom Beta
In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of VimpelCom, as well as the relationship between them.
Analyzing historical trends in various income statement and balance sheet accounts from VimpelCom's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting VimpelCom's valuation are summarized below:VimpelCom does not presently have any fundamental trend indicators for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. VimpelCom |
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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.
CompetitionIn accordance with the recently published financial statements, VimpelCom has a Beta of 2.31. This is much higher than that of the sector and significantly higher than that of the Beta industry. The beta for all United States stocks is notably lower than that of the firm.
VimpelCom Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VimpelCom'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 VimpelCom could also be used in its relative valuation, which is a method of valuing VimpelCom by comparing valuation metrics of similar companies.VimpelCom 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, VimpelCom will likely underperform.
VimpelCom Fundamentals
| Return On Asset | 3.0E-4 | |||
| Profit Margin | 0.0009 % | |||
| Operating Margin | 0 % | |||
| Current Valuation | 2.61 B | |||
| Shares Outstanding | 1.76 B | |||
| Shares Owned By Insiders | 89.21 % | |||
| Shares Owned By Institutions | 5.80 % | |||
| Number Of Shares Shorted | 6.44 M | |||
| Price To Earning | 2.93 X | |||
| Price To Book | 1.45 X | |||
| Price To Sales | 0.80 X | |||
| Revenue | 9.62 B | |||
| Gross Profit | 7.44 B | |||
| Net Income | (451 M) | |||
| Cash And Equivalents | 3.61 B | |||
| Cash Per Share | 2.21 X | |||
| Total Debt | 1.69 B | |||
| Debt To Equity | 2.34 % | |||
| Current Ratio | 0.98 X | |||
| Cash Flow From Operations | 2.03 B | |||
| Earnings Per Share | 1.33 X | |||
| Number Of Employees | 45 K | |||
| Beta | 2.31 | |||
| Market Capitalization | 7.08 B | |||
| Total Asset | 33.85 B | |||
| Retained Earnings | 5.15 B | |||
| Working Capital | (156 M) | |||
| Current Asset | 5.38 B | |||
| Current Liabilities | 5.54 B | |||
| Z Score | 2.4 | |||
| Last Dividend Paid | 0.39 |
Pair Trading with VimpelCom
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 VimpelCom 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 VimpelCom will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in VimpelCom Stock
If you are still planning to invest in VimpelCom check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the VimpelCom's history and understand the potential risks before investing.
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