Ais Resources Stock Beta
| AIS Stock | CAD 0.04 0.01 33.33% |
AIS Resources fundamentals help investors to digest information that contributes to AIS Resources' financial success or failures. It also enables traders to predict the movement of AIS Stock. The fundamental analysis module provides a way to measure AIS Resources' 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 AIS Resources stock.
AIS | Beta |
AIS Resources Company Beta Analysis
AIS Resources' 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 AIS Resources Beta | 0.18 |
Most of AIS Resources' 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, AIS Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
AIS Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for AIS Resources is extremely important. It helps to project a fair market value of AIS Stock properly, considering its historical fundamentals such as Beta. Since AIS Resources' 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 AIS Resources' 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 AIS Resources' interrelated accounts and indicators.
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, AIS Resources has a Beta of 0.181. This is 79.2% lower than that of the Metals & Mining sector and 84.53% lower than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
AIS Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AIS Resources' 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 AIS Resources could also be used in its relative valuation, which is a method of valuing AIS Resources by comparing valuation metrics of similar companies.AIS Resources is currently under evaluation in beta category among its peers.
As returns on the market increase, AIS Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding AIS Resources is expected to be smaller as well.
AIS Fundamentals
| Return On Equity | -1.52 | ||||
| Return On Asset | -0.5 | ||||
| Current Valuation | 1.41 M | ||||
| Shares Outstanding | 20.42 M | ||||
| Shares Owned By Insiders | 6.70 % | ||||
| Number Of Shares Shorted | 538 | ||||
| Price To Earning | 25.00 X | ||||
| Price To Book | 1.46 X | ||||
| Price To Sales | 135.83 X | ||||
| Revenue | (612.58 K) | ||||
| Gross Profit | (262.79 K) | ||||
| EBITDA | 21.41 K | ||||
| Net Income | (3.47 M) | ||||
| Cash And Equivalents | 51.31 K | ||||
| Total Debt | 571.02 K | ||||
| Debt To Equity | 13.70 % | ||||
| Current Ratio | 0.21 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (87.41 K) | ||||
| Earnings Per Share | (0.17) X | ||||
| Beta | 0.18 | ||||
| Market Capitalization | 816.86 K | ||||
| Total Asset | 2.47 M | ||||
| Retained Earnings | (24.4 M) | ||||
| Working Capital | (1.58 M) | ||||
| Current Asset | 1000 K | ||||
| Net Asset | 2.47 M |
About AIS Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AIS Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AIS Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AIS Resources 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.
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Additional Tools for AIS Stock Analysis
When running AIS Resources' price analysis, check to measure AIS Resources' 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 AIS Resources is operating at the current time. Most of AIS Resources' value examination focuses on studying past and present price action to predict the probability of AIS Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AIS Resources' price. Additionally, you may evaluate how the addition of AIS Resources to your portfolios can decrease your overall portfolio volatility.