Kongzhong Corp Stock Beta

Kongzhong Corp fundamentals help investors to digest information that contributes to Kongzhong Corp's financial success or failures. It also enables traders to predict the movement of Kongzhong Stock. The fundamental analysis module provides a way to measure Kongzhong Corp'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 Kongzhong Corp 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.

Kongzhong Beta Analysis

Kongzhong Corp'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.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Kongzhong Corp Beta

    
  0.58  
Most of Kongzhong Corp'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, Kongzhong Corp 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, Kongzhong Corp has a Beta of 0.58. This is 45.28% lower than that of the Technology sector and 84.11% lower than that of the Multimedia and Graphics Software industry. The beta for all United States stocks is notably lower than that of the firm.

Kongzhong Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kongzhong Corp'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 Kongzhong Corp could also be used in its relative valuation, which is a method of valuing Kongzhong Corp by comparing valuation metrics of similar companies.
Kongzhong Corp is currently under evaluation in beta category among related companies.
As returns on the market increase, Kongzhong Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kongzhong Corp is expected to be smaller as well.

Kongzhong Fundamentals

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 Kongzhong Corp 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, Kongzhong Corp's short interest history, or implied volatility extrapolated from Kongzhong Corp options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Kongzhong Corp information on this page should be used as a complementary analysis to other Kongzhong Corp'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Kongzhong Stock

If you are still planning to invest in Kongzhong Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kongzhong Corp's history and understand the potential risks before investing.
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