Gdev Inc Stock Beta
| GDEV Stock | USD 2.23 0.04 1.76% |
GDEV Inc fundamentals help investors to digest information that contributes to GDEV's financial success or failures. It also enables traders to predict the movement of GDEV Stock. The fundamental analysis module provides a way to measure GDEV'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 GDEV stock.
GDEV |
GDEV Inc Company Beta Analysis
GDEV'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 GDEV Beta | 0.83 |
Most of GDEV'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, GDEV 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, GDEV Inc has a Beta of 0.826. This is 35.47% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.
GDEV Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GDEV'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 GDEV could also be used in its relative valuation, which is a method of valuing GDEV by comparing valuation metrics of similar companies.GDEV is currently under evaluation in beta category among related companies.
As returns on the market increase, GDEV's returns are expected to increase less than the market. However, during the bear market, the loss of holding GDEV is expected to be smaller as well.
GDEV Fundamentals
| Return On Asset | 0.0746 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 314.33 M | ||||
| Shares Outstanding | 197.43 M | ||||
| Shares Owned By Insiders | 80.68 % | ||||
| Shares Owned By Institutions | 0.09 % | ||||
| Number Of Shares Shorted | 48.82 K | ||||
| Price To Sales | 0.96 X | ||||
| Revenue | 465 M | ||||
| Gross Profit | 306.03 M | ||||
| EBITDA | 54 M | ||||
| Net Income | 46.12 M | ||||
| Cash And Equivalents | 145.26 M | ||||
| Cash Per Share | 0.74 X | ||||
| Total Debt | 983 K | ||||
| Current Ratio | 0.59 X | ||||
| Book Value Per Share | (0.48) X | ||||
| Cash Flow From Operations | 17.95 M | ||||
| Short Ratio | 17.14 X | ||||
| Earnings Per Share | (0.21) X | ||||
| Target Price | 12.7 | ||||
| Beta | 0.83 | ||||
| Market Capitalization | 440.28 M | ||||
| Total Asset | 320.55 M | ||||
| Retained Earnings | (274.08 M) | ||||
| Working Capital | (143.54 M) | ||||
| Net Asset | 320.55 M |
About GDEV Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GDEV Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GDEV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GDEV 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.
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 GDEV 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, GDEV's short interest history, or implied volatility extrapolated from GDEV options trading.
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Try AI Portfolio ArchitectCheck out GDEV Piotroski F Score and GDEV Altman Z Score analysis. Note that the GDEV Inc information on this page should be used as a complementary analysis to other GDEV's 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for GDEV Stock analysis
When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.
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Is GDEV'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 GDEV. If investors know GDEV 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 GDEV 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 GDEV Inc is measured differently than its book value, which is the value of GDEV that is recorded on the company's balance sheet. Investors also form their own opinion of GDEV's value that differs from its market value or its book value, called intrinsic value, which is GDEV'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 GDEV's market value can be influenced by many factors that don't directly affect GDEV'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 GDEV's value and its price as these two are different measures arrived at by different means. Investors typically determine if GDEV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GDEV'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.