Epam Systems Stock Beta

EPAM Stock  USD 276.16  0.21  0.08%   
EPAM Systems fundamentals help investors to digest information that contributes to EPAM Systems' financial success or failures. It also enables traders to predict the movement of EPAM Stock. The fundamental analysis module provides a way to measure EPAM Systems' 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 EPAM Systems stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

EPAM Beta Analysis

EPAM Systems' 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.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.5B1.3B1.4B
Total Revenue3.8B4.8B4.7B4.9B

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current EPAM Systems Beta

    
  1.45  
Most of EPAM Systems' 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, EPAM Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

EPAM Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for EPAM Systems is extremely important. It helps to project a fair market value of EPAM Stock properly, considering its historical fundamentals such as Beta. Since EPAM Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EPAM Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EPAM Systems' interrelated accounts and indicators.
0.961.00.9-0.991.00.950.840.990.980.960.960.971.00.63-0.050.740.660.940.960.630.760.990.9-0.77-0.7-0.960.940.920.84
0.960.940.96-0.930.960.930.830.950.950.90.880.990.950.51-0.210.740.560.960.90.540.680.950.87-0.71-0.56-0.90.940.90.75
1.00.940.87-0.991.00.950.820.990.970.970.970.941.00.64-0.030.730.670.920.960.620.770.990.89-0.76-0.71-0.960.930.920.86
0.90.960.87-0.860.90.930.740.890.930.850.770.930.880.39-0.220.690.460.950.830.450.620.870.78-0.57-0.39-0.790.910.860.71
-0.99-0.93-0.99-0.86-0.99-0.94-0.83-0.97-0.96-0.96-0.96-0.93-0.99-0.610.06-0.7-0.65-0.9-0.97-0.59-0.77-0.99-0.90.770.720.97-0.94-0.93-0.87
1.00.961.00.9-0.990.970.820.990.980.970.950.951.00.59-0.080.710.630.930.950.590.780.990.88-0.72-0.67-0.950.940.930.87
0.950.930.950.93-0.940.970.690.940.970.970.870.90.950.44-0.180.630.510.920.910.440.730.950.79-0.58-0.52-0.880.940.920.87
0.840.830.820.74-0.830.820.690.780.740.690.80.860.840.56-0.080.610.570.750.780.550.770.840.79-0.72-0.65-0.80.780.770.62
0.990.950.990.89-0.970.990.940.780.980.960.970.950.990.680.030.790.690.930.960.670.730.970.9-0.78-0.69-0.950.920.90.8
0.980.950.970.93-0.960.980.970.740.980.960.920.940.970.59-0.040.760.610.960.930.610.70.960.86-0.7-0.6-0.910.930.90.84
0.960.90.970.85-0.960.970.970.690.960.960.920.880.960.52-0.110.610.580.870.930.510.760.970.82-0.64-0.63-0.930.910.910.9
0.960.880.970.77-0.960.950.870.80.970.920.920.90.970.780.150.780.790.870.950.710.720.950.9-0.84-0.81-0.960.860.850.79
0.970.990.940.93-0.930.950.90.860.950.940.880.90.950.58-0.110.770.590.950.920.620.670.940.9-0.78-0.63-0.910.920.880.72
1.00.951.00.88-0.991.00.950.840.990.970.960.970.950.63-0.040.720.660.920.970.620.781.00.9-0.77-0.72-0.960.930.920.85
0.630.510.640.39-0.610.590.440.560.680.590.520.780.580.630.640.840.910.550.610.860.410.580.69-0.81-0.72-0.650.470.450.35
-0.05-0.21-0.03-0.220.06-0.08-0.18-0.080.03-0.04-0.110.15-0.11-0.040.640.330.46-0.070.020.52-0.1-0.10.01-0.3-0.30.04-0.24-0.25-0.21
0.740.740.730.69-0.70.710.630.610.790.760.610.780.770.720.840.330.820.790.690.790.350.670.82-0.82-0.55-0.710.70.640.45
0.660.560.670.46-0.650.630.510.570.690.610.580.790.590.660.910.460.820.590.630.70.430.610.74-0.77-0.61-0.650.590.580.48
0.940.960.920.95-0.90.930.920.750.930.960.870.870.950.920.55-0.070.790.590.880.570.560.90.82-0.69-0.54-0.840.890.840.75
0.960.90.960.83-0.970.950.910.780.960.930.930.950.920.970.610.020.690.630.880.60.690.960.89-0.82-0.75-0.950.880.860.8
0.630.540.620.45-0.590.590.440.550.670.610.510.710.620.620.860.520.790.70.570.60.440.580.72-0.82-0.67-0.640.50.470.35
0.760.680.770.62-0.770.780.730.770.730.70.760.720.670.780.41-0.10.350.430.560.690.440.790.64-0.44-0.46-0.710.750.790.75
0.990.950.990.87-0.990.990.950.840.970.960.970.950.941.00.58-0.10.670.610.90.960.580.790.88-0.74-0.71-0.960.930.930.87
0.90.870.890.78-0.90.880.790.790.90.860.820.90.90.90.690.010.820.740.820.890.720.640.88-0.91-0.71-0.920.910.90.73
-0.77-0.71-0.76-0.570.77-0.72-0.58-0.72-0.78-0.7-0.64-0.84-0.78-0.77-0.81-0.3-0.82-0.77-0.69-0.82-0.82-0.44-0.74-0.910.840.83-0.68-0.65-0.48
-0.7-0.56-0.71-0.390.72-0.67-0.52-0.65-0.69-0.6-0.63-0.81-0.63-0.72-0.72-0.3-0.55-0.61-0.54-0.75-0.67-0.46-0.71-0.710.840.82-0.51-0.52-0.5
-0.96-0.9-0.96-0.790.97-0.95-0.88-0.8-0.95-0.91-0.93-0.96-0.91-0.96-0.650.04-0.71-0.65-0.84-0.95-0.64-0.71-0.96-0.920.830.82-0.89-0.88-0.78
0.940.940.930.91-0.940.940.940.780.920.930.910.860.920.930.47-0.240.70.590.890.880.50.750.930.91-0.68-0.51-0.890.990.88
0.920.90.920.86-0.930.930.920.770.90.90.910.850.880.920.45-0.250.640.580.840.860.470.790.930.9-0.65-0.52-0.880.990.91
0.840.750.860.71-0.870.870.870.620.80.840.90.790.720.850.35-0.210.450.480.750.80.350.750.870.73-0.48-0.5-0.780.880.91
Click cells to compare fundamentals
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, EPAM Systems has a Beta of 1.45. This is 36.79% higher than that of the IT Services sector and 17.89% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.

EPAM Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EPAM Systems' 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 EPAM Systems could also be used in its relative valuation, which is a method of valuing EPAM Systems by comparing valuation metrics of similar companies.
EPAM Systems is currently under evaluation in beta category among related companies.

EPAM Systems Institutional Holders

Institutional Holdings refers to the ownership stake in EPAM Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of EPAM Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing EPAM Systems' value.
Shares
Lone Pine Capital Llc2023-12-31
850.3 K
Nuveen Asset Management, Llc2023-12-31
845.3 K
Northern Trust Corp2023-12-31
669.8 K
Marshall Wace Asset Management Ltd2023-12-31
640.1 K
Norges Bank2023-12-31
621.2 K
Dsm Capital Partners Llc
601.2 K
Morgan Stanley - Brokerage Accounts2023-12-31
479.4 K
T. Rowe Price Associates, Inc.2023-12-31
476.3 K
Alyeska Investment Group, L.p.2023-09-30
457.4 K
Capital Research Global Investors2023-12-31
7.7 M
Vanguard Group Inc2023-12-31
6.8 M
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, EPAM Systems will likely underperform.

EPAM Fundamentals

About EPAM Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EPAM Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EPAM Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EPAM Systems 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.
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company was founded in 1993 and is headquartered in Newtown, Pennsylvania. Epam Systems operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 60300 people.

EPAM Systems Investors Sentiment

The influence of EPAM Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in EPAM. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to EPAM Systems' public news can be used to forecast risks associated with an investment in EPAM. The trend in average sentiment can be used to explain how an investor holding EPAM can time the market purely based on public headlines and social activities around EPAM Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
EPAM Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for EPAM Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average EPAM Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on EPAM Systems.
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 EPAM Systems 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, EPAM Systems' short interest history, or implied volatility extrapolated from EPAM Systems options trading.

Pair Trading with EPAM Systems

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 EPAM Systems 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 EPAM Systems will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to EPAM Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EPAM Systems 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 EPAM Systems - 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 EPAM Systems to buy it.
The correlation of EPAM Systems 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 EPAM Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EPAM Systems 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 EPAM Systems 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.
Pair CorrelationCorrelation Matching
When determining whether EPAM Systems is a strong investment it is important to analyze EPAM Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EPAM Systems' future performance. For an informed investment choice regarding EPAM Stock, refer to the following important reports:
Check out EPAM Systems Piotroski F Score and EPAM Systems Altman Z Score analysis.
To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.
Note that the EPAM Systems information on this page should be used as a complementary analysis to other EPAM Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for EPAM Stock analysis

When running EPAM Systems' price analysis, check to measure EPAM Systems' 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 EPAM Systems is operating at the current time. Most of EPAM Systems' value examination focuses on studying past and present price action to predict the probability of EPAM Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EPAM Systems' price. Additionally, you may evaluate how the addition of EPAM Systems to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Is EPAM Systems' 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 EPAM Systems. If investors know EPAM 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 EPAM Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Earnings Share
7.05
Revenue Per Share
81.111
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0874
The market value of EPAM Systems is measured differently than its book value, which is the value of EPAM that is recorded on the company's balance sheet. Investors also form their own opinion of EPAM Systems' value that differs from its market value or its book value, called intrinsic value, which is EPAM Systems' 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 EPAM Systems' market value can be influenced by many factors that don't directly affect EPAM Systems' 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 EPAM Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if EPAM Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EPAM Systems' 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.