Agrometal Sai Stock Beta
AGRO Stock | ARS 48.40 0.30 0.62% |
Agrometal SAI fundamentals help investors to digest information that contributes to Agrometal SAI's financial success or failures. It also enables traders to predict the movement of Agrometal Stock. The fundamental analysis module provides a way to measure Agrometal SAI'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 Agrometal SAI stock.
Agrometal |
Agrometal SAI Company Beta Analysis
Agrometal SAI'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 Agrometal SAI Beta | 1.3 |
Most of Agrometal SAI'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, Agrometal SAI 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, Agrometal SAI has a Beta of 1.3018. This is 4.98% lower than that of the Industrials sector and significantly higher than that of the Farm & Heavy Construction Machinery industry. The beta for all Argentina stocks is notably lower than that of the firm.
Agrometal Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Agrometal SAI'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 Agrometal SAI could also be used in its relative valuation, which is a method of valuing Agrometal SAI by comparing valuation metrics of similar companies.Agrometal SAI is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Agrometal SAI will likely underperform.
Agrometal Fundamentals
Return On Equity | 0.0981 | |||
Return On Asset | 0.16 | |||
Profit Margin | 0.05 % | |||
Operating Margin | 0.25 % | |||
Current Valuation | 5.79 B | |||
Shares Outstanding | 100 M | |||
Shares Owned By Institutions | 2.19 % | |||
Price To Earning | 10.08 X | |||
Price To Book | 1.31 X | |||
Price To Sales | 0.93 X | |||
Revenue | 7.93 B | |||
Gross Profit | 3.2 B | |||
EBITDA | 2.02 B | |||
Net Income | 1.12 B | |||
Cash And Equivalents | 1.1 B | |||
Cash Per Share | 10.98 X | |||
Total Debt | 83.87 M | |||
Debt To Equity | 0.31 % | |||
Current Ratio | 1.25 X | |||
Book Value Per Share | 48.48 X | |||
Cash Flow From Operations | 508.54 M | |||
Earnings Per Share | 3.46 X | |||
Target Price | 82.5 | |||
Number Of Employees | 479 | |||
Beta | 1.3 | |||
Market Capitalization | 8.23 B | |||
Total Asset | 6.04 B | |||
Retained Earnings | 55 M | |||
Working Capital | 59 M | |||
Current Asset | 258 M | |||
Current Liabilities | 199 M | |||
Z Score | 59.8 | |||
Annual Yield | 0.07 % | |||
Net Asset | 6.04 B | |||
Last Dividend Paid | 1.25 |
About Agrometal SAI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Agrometal SAI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agrometal SAI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agrometal SAI 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Agrometal SAI in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Agrometal SAI's short interest history, or implied volatility extrapolated from Agrometal SAI options trading.
Pair Trading with Agrometal SAI
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 Agrometal SAI 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 Agrometal SAI will appreciate offsetting losses from the drop in the long position's value.Moving together with Agrometal Stock
0.71 | WMT | Walmart Split | PairCorr |
0.67 | AMZN | Amazon Inc | PairCorr |
0.83 | BABA | Alibaba Group Holding | PairCorr |
The ability to find closely correlated positions to Agrometal SAI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agrometal SAI 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 Agrometal SAI - 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 Agrometal SAI to buy it.
The correlation of Agrometal SAI 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 Agrometal SAI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agrometal SAI 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 Agrometal SAI 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Agrometal SAI. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Agrometal Stock analysis
When running Agrometal SAI's price analysis, check to measure Agrometal SAI'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 Agrometal SAI is operating at the current time. Most of Agrometal SAI's value examination focuses on studying past and present price action to predict the probability of Agrometal SAI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agrometal SAI's price. Additionally, you may evaluate how the addition of Agrometal SAI to your portfolios can decrease your overall portfolio volatility.
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