Fine Besteel Financials
133820 Stock | 1,095 170.00 18.38% |
Fine |
Understanding current and past Fine Besteel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fine Besteel's financial statements are interrelated, with each one affecting the others. For example, an increase in Fine Besteel's assets may result in an increase in income on the income statement.
Please note, the presentation of Fine Besteel's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fine Besteel's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Fine Besteel's management manipulating its earnings.
Fine Besteel Systematic Risk
Fine Besteel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fine Besteel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Fine Besteel correlated with the market. If Beta is less than 0 Fine Besteel generally moves in the opposite direction as compared to the market. If Fine Besteel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fine Besteel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fine Besteel is generally in the same direction as the market. If Beta > 1 Fine Besteel moves generally in the same direction as, but more than the movement of the benchmark.
Fine Besteel Thematic Clasifications
Fine Besteel Co is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
Iron | View |
Fine Besteel November 9, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fine Besteel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fine Besteel Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fine Besteel Co based on widely used predictive technical indicators. In general, we focus on analyzing Fine Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fine Besteel's daily price indicators and compare them against related drivers.
Downside Deviation | 2.35 | |||
Information Ratio | (0.03) | |||
Maximum Drawdown | 9.96 | |||
Value At Risk | (2.93) | |||
Potential Upside | 3.52 |
Complementary Tools for Fine Stock analysis
When running Fine Besteel's price analysis, check to measure Fine Besteel'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 Fine Besteel is operating at the current time. Most of Fine Besteel's value examination focuses on studying past and present price action to predict the probability of Fine Besteel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fine Besteel's price. Additionally, you may evaluate how the addition of Fine Besteel to your portfolios can decrease your overall portfolio volatility.
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