Hunter Group Asa Stock Beta
| HUNT Stock | NOK 2.65 0.01 0.38% |
Hunter Group ASA fundamentals help investors to digest information that contributes to Hunter Group's financial success or failures. It also enables traders to predict the movement of Hunter Stock. The fundamental analysis module provides a way to measure Hunter Group'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 Hunter Group stock.
Hunter |
Hunter Group ASA Company Beta Analysis
Hunter Group'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 Hunter Group Beta | -0.34 |
Most of Hunter Group'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, Hunter Group ASA 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, Hunter Group ASA has a Beta of -0.3365. This is 119.79% lower than that of the Energy sector and 125.88% lower than that of the Oil & Gas Midstream industry. The beta for all Norway stocks is 124.33% higher than that of the company.
Hunter Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hunter Group'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 Hunter Group could also be used in its relative valuation, which is a method of valuing Hunter Group by comparing valuation metrics of similar companies.Hunter Group is currently under evaluation in beta category among related companies.
As returns on the market increase, returns on owning Hunter Group are expected to decrease at a much lower rate. During the bear market, Hunter Group is likely to outperform the market.
Hunter Fundamentals
| Return On Equity | 0.29 | |||
| Return On Asset | -0.0023 | |||
| Profit Margin | 2.51 % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 140.08 M | |||
| Shares Outstanding | 567.15 M | |||
| Shares Owned By Insiders | 46.50 % | |||
| Shares Owned By Institutions | 5.04 % | |||
| Price To Earning | 2.45 X | |||
| Price To Book | 0.65 X | |||
| Price To Sales | 46.83 X | |||
| Revenue | 18.38 M | |||
| Gross Profit | 9.1 M | |||
| EBITDA | 7 M | |||
| Net Income | 46.06 M | |||
| Cash And Equivalents | 136.87 M | |||
| Cash Per Share | 0.14 X | |||
| Total Debt | 81 K | |||
| Debt To Equity | 0.77 % | |||
| Current Ratio | 0.57 X | |||
| Book Value Per Share | 0.24 X | |||
| Cash Flow From Operations | 13.41 M | |||
| Earnings Per Share | 0.21 X | |||
| Target Price | 1.02 | |||
| Beta | -0.34 | |||
| Market Capitalization | 84.51 M | |||
| Total Asset | 139.23 M | |||
| Annual Yield | 3.42 % | |||
| Net Asset | 139.23 M |
About Hunter Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hunter Group ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hunter Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hunter Group ASA 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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Hunter Group ASA using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hunter Group ASA. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Hunter Stock analysis
When running Hunter Group's price analysis, check to measure Hunter Group'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 Hunter Group is operating at the current time. Most of Hunter Group's value examination focuses on studying past and present price action to predict the probability of Hunter Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hunter Group's price. Additionally, you may evaluate how the addition of Hunter Group to your portfolios can decrease your overall portfolio volatility.
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