Box Inc Stock Beta
BOX Stock | USD 28.32 0.08 0.28% |
Box Inc fundamentals help investors to digest information that contributes to Box's financial success or failures. It also enables traders to predict the movement of Box Stock. The fundamental analysis module provides a way to measure Box'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 Box stock.
Box |
Box Beta Analysis
Box'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 Box Beta | 0.84 |
Most of Box'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, Box Inc 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, Box Inc has a Beta of 0.835. This is 21.23% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Box Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Box'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 Box could also be used in its relative valuation, which is a method of valuing Box by comparing valuation metrics of similar companies.Box is currently under evaluation in beta category among related companies.
As returns on the market increase, Box's returns are expected to increase less than the market. However, during the bear market, the loss of holding Box is expected to be smaller as well.
Box Fundamentals
Return On Equity | 0.95 | ||||
Return On Asset | 0.0259 | ||||
Profit Margin | 0.12 % | ||||
Operating Margin | 0.08 % | ||||
Current Valuation | 4.59 B | ||||
Shares Outstanding | 144.35 M | ||||
Shares Owned By Insiders | 3.62 % | ||||
Shares Owned By Institutions | 88.17 % | ||||
Number Of Shares Shorted | 8.03 M | ||||
Price To Earning | (18.14) X | ||||
Price To Book | 32.07 X | ||||
Price To Sales | 3.94 X | ||||
Revenue | 1.04 B | ||||
Gross Profit | 738.32 M | ||||
EBITDA | 102.11 M | ||||
Net Income | 129.03 M | ||||
Cash And Equivalents | 428.46 M | ||||
Cash Per Share | 2.77 X | ||||
Total Debt | 491.8 M | ||||
Current Ratio | 1.03 X | ||||
Book Value Per Share | (2.99) X | ||||
Cash Flow From Operations | 318.73 M | ||||
Short Ratio | 6.33 X | ||||
Earnings Per Share | 0.67 X | ||||
Price To Earnings To Growth | 1.02 X | ||||
Target Price | 31.13 | ||||
Number Of Employees | 2.53 K | ||||
Beta | 0.84 | ||||
Market Capitalization | 4.09 B | ||||
Total Asset | 1.24 B | ||||
Retained Earnings | (1.21 B) | ||||
Working Capital | 162.9 M | ||||
Current Asset | 319.99 M | ||||
Current Liabilities | 250.47 M | ||||
Z Score | 4.9 | ||||
Net Asset | 1.24 B |
About Box Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Box Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Box using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Box Inc 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.Box, Inc. provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. Box, Inc. was incorporated in 2005 and is headquartered in San Francisco Bay Area, California. Box operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 2172 people.
Pair Trading with Box
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 Box 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 Box will appreciate offsetting losses from the drop in the long position's value.Moving against Box Stock
0.58 | ZS | Zscaler Financial Report 6th of June 2024 | PairCorr |
0.47 | EVTC | Evertec Financial Report 24th of April 2024 | PairCorr |
0.44 | VRSN | VeriSign Financial Report 25th of April 2024 | PairCorr |
0.41 | EVCM | EverCommerce Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Box could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Box 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 Box - 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 Box Inc to buy it.
The correlation of Box 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 Box moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Box Inc 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 Box 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 Box Piotroski F Score and Box Altman Z Score analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Box Stock analysis
When running Box's price analysis, check to measure Box'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 Box is operating at the current time. Most of Box's value examination focuses on studying past and present price action to predict the probability of Box's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Box's price. Additionally, you may evaluate how the addition of Box to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
Is Box's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Box. If investors know Box will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Box listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Box Inc is measured differently than its book value, which is the value of Box that is recorded on the company's balance sheet. Investors also form their own opinion of Box's value that differs from its market value or its book value, called intrinsic value, which is Box's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Box's market value can be influenced by many factors that don't directly affect Box's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Box's value and its price as these two are different measures arrived at by different means. Investors typically determine if Box is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Box's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.