Xtc Lithium Limited Stock Beta
| XTC Stock | 0.20 0.00 0.00% |
XTC Lithium Limited fundamentals help investors to digest information that contributes to XTC Lithium's financial success or failures. It also enables traders to predict the movement of XTC Stock. The fundamental analysis module provides a way to measure XTC Lithium'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 XTC Lithium stock.
XTC |
XTC Lithium Limited Company Beta Analysis
XTC Lithium'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 XTC Lithium Beta | -0.17 |
Most of XTC Lithium'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, XTC Lithium Limited 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.
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In accordance with the recently published financial statements, XTC Lithium Limited has a Beta of -0.173. This is 119.89% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The beta for all Australia stocks is 15.33% higher than that of the company.
XTC Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses XTC Lithium'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 XTC Lithium could also be used in its relative valuation, which is a method of valuing XTC Lithium by comparing valuation metrics of similar companies.XTC Lithium is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning XTC Lithium are expected to decrease at a much lower rate. During the bear market, XTC Lithium is likely to outperform the market.
XTC Fundamentals
| Return On Equity | -0.19 | |||
| Return On Asset | -0.1 | |||
| Current Valuation | 17.5 M | |||
| Shares Outstanding | 87.64 M | |||
| Shares Owned By Insiders | 0.20 % | |||
| Price To Book | 0.44 X | |||
| Price To Sales | 3,506 X | |||
| Revenue | 30 | |||
| Gross Profit | 14.76 K | |||
| EBITDA | (5.75 M) | |||
| Net Income | (5.75 M) | |||
| Total Debt | 1.02 M | |||
| Book Value Per Share | 0.70 X | |||
| Cash Flow From Operations | (3.8 M) | |||
| Earnings Per Share | (0.07) X | |||
| Beta | -0.17 | |||
| Market Capitalization | 87.64 K | |||
| Total Asset | 49.22 M | |||
| Retained Earnings | (32.08 M) | |||
| Working Capital | (8.03 M) | |||
| Net Asset | 49.22 M |
About XTC Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze XTC Lithium Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XTC Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XTC Lithium Limited 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 XTC Stock Analysis
When running XTC Lithium's price analysis, check to measure XTC Lithium's 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 XTC Lithium is operating at the current time. Most of XTC Lithium's value examination focuses on studying past and present price action to predict the probability of XTC Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XTC Lithium's price. Additionally, you may evaluate how the addition of XTC Lithium to your portfolios can decrease your overall portfolio volatility.