Zinc One Resources Stock Beta
| ZZZOFDelisted Stock | USD 0.08 0.00 0.00% |
Zinc One Resources fundamentals help investors to digest information that contributes to Zinc One's financial success or failures. It also enables traders to predict the movement of Zinc Pink Sheet. The fundamental analysis module provides a way to measure Zinc One'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 Zinc One pink sheet.
Zinc |
Zinc One Resources Company Beta Analysis
Zinc One'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 Zinc One Beta | 1.24 |
Most of Zinc One'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, Zinc One Resources 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.
CompetitionIn accordance with the recently published financial statements, Zinc One Resources has a Beta of 1.2392. This is 42.44% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
Zinc Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zinc One's 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 Zinc One could also be used in its relative valuation, which is a method of valuing Zinc One by comparing valuation metrics of similar companies.Zinc One 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, Zinc One will likely underperform.
Zinc Fundamentals
| Return On Equity | -3.37 | |||
| Return On Asset | -1.53 | |||
| Current Valuation | 662.76 K | |||
| Shares Outstanding | 1.94 M | |||
| Shares Owned By Insiders | 0.21 % | |||
| Price To Earning | 3.34 X | |||
| Price To Book | 0.24 X | |||
| EBITDA | (404.28 K) | |||
| Net Income | (427.76 K) | |||
| Cash And Equivalents | 4.49 K | |||
| Total Debt | 686.75 K | |||
| Debt To Equity | 0.18 % | |||
| Book Value Per Share | (0.79) X | |||
| Cash Flow From Operations | (276.89 K) | |||
| Earnings Per Share | (0.20) X | |||
| Number Of Employees | 13 | |||
| Beta | 1.24 | |||
| Market Capitalization | 435.57 K | |||
| Total Asset | 16.01 K | |||
| Z Score | -82.5 | |||
| Net Asset | 16.01 K |
About Zinc One Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zinc One Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zinc One using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zinc One Resources 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.
Currently Active Assets on Macroaxis
Check out Your Current Watchlist 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 persons. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Zinc Pink Sheet
If you are still planning to invest in Zinc One Resources 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 Zinc One's history and understand the potential risks before investing.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stocks Directory Find actively traded stocks across global markets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |