Virexit Technologies Stock Beta
| VXIT Stock | USD 0.0005 0.0002 28.57% |
VirExit Technologies fundamentals help investors to digest information that contributes to VirExit Technologies' financial success or failures. It also enables traders to predict the movement of VirExit Pink Sheet. The fundamental analysis module provides a way to measure VirExit Technologies' 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 VirExit Technologies pink sheet.
VirExit |
VirExit Technologies Company Beta Analysis
VirExit Technologies' 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 VirExit Technologies Beta | 1.39 |
Most of VirExit Technologies' 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, VirExit Technologies 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, VirExit Technologies has a Beta of 1.3884. This is 208.53% higher than that of the Utilities sector and significantly higher than that of the Utilities—Renewable industry. The beta for all United States stocks is notably lower than that of the firm.
VirExit Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VirExit Technologies' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of VirExit Technologies could also be used in its relative valuation, which is a method of valuing VirExit Technologies by comparing valuation metrics of similar companies.VirExit Technologies 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, VirExit Technologies will likely underperform.
VirExit Fundamentals
| Return On Asset | -19.09 | |||
| Current Valuation | 2 M | |||
| Shares Outstanding | 175.27 M | |||
| Price To Sales | 48.98 X | |||
| EBITDA | (1.04 M) | |||
| Net Income | (1.81 M) | |||
| Cash And Equivalents | 117 | |||
| Total Debt | 48 K | |||
| Current Ratio | 0.02 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (627.57 K) | |||
| Earnings Per Share | (0.05) X | |||
| Beta | 1.39 | |||
| Market Capitalization | 2 M | |||
| Total Asset | 14.09 K | |||
| Net Asset | 14.09 K |
About VirExit Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VirExit Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VirExit Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VirExit Technologies 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 VirExit Pink Sheet Analysis
When running VirExit Technologies' price analysis, check to measure VirExit Technologies' 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 VirExit Technologies is operating at the current time. Most of VirExit Technologies' value examination focuses on studying past and present price action to predict the probability of VirExit Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VirExit Technologies' price. Additionally, you may evaluate how the addition of VirExit Technologies to your portfolios can decrease your overall portfolio volatility.