Better Collective Financials
| BETCO Stock | SEK 125.40 0.80 0.63% |
Better |
Understanding current and past Better Collective Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Better Collective's financial statements are interrelated, with each one affecting the others. For example, an increase in Better Collective's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Better Collective's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Better Collective. Check Better Collective's Beneish M Score to see the likelihood of Better Collective's management manipulating its earnings.
Better Collective Stock Summary
Better Collective competes with Catena Media, Kambi Group, Betsson AB, and Invisio Communications. Better Collective AS, together with its subsidiaries, develops educational platforms within the iGaming industry. The company was founded in 2002 and is headquartered in Copenhagen, Denmark. Better Collective operates under Software - Application classification in Sweden and is traded on Stockholm Stock Exchange. It employs 268 people.| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | DK0060952240 |
| Business Address | Toldbodgade 12, Copenhagen, |
| Sector | Technology |
| Industry | Software - Application |
| Benchmark | Dow Jones Industrial |
| Website | www.bettercollective.com |
| Phone | 45 29 91 99 65 |
| Currency | SEK - Swedish Kronor |
You should never invest in Better Collective without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Better Stock, because this is throwing your money away. Analyzing the key information contained in Better Collective's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Better Collective Key Financial Ratios
There are many critical financial ratios that Better Collective's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Better Collective reports annually and quarterly.| Return On Equity | 0.1 | |||
| Return On Asset | 0.0494 | |||
| Target Price | 217.58 | |||
| Number Of Employees | 750 | |||
| Beta | 1.15 |
Better Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Better Collective's current stock value. Our valuation model uses many indicators to compare Better Collective value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Better Collective competition to find correlations between indicators driving Better Collective's intrinsic value. More Info.Better Collective is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Better Collective is roughly 2.07 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Better Collective's earnings, one of the primary drivers of an investment's value.Better Collective Systematic Risk
Better Collective's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Better Collective 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 output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Better Collective correlated with the market. If Beta is less than 0 Better Collective generally moves in the opposite direction as compared to the market. If Better Collective Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Better Collective is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Better Collective is generally in the same direction as the market. If Beta > 1 Better Collective moves generally in the same direction as, but more than the movement of the benchmark.
Better Collective December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Better Collective help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Better Collective. We use our internally-developed statistical techniques to arrive at the intrinsic value of Better Collective based on widely used predictive technical indicators. In general, we focus on analyzing Better Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Better Collective's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 44.73 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 3.28 |
Additional Tools for Better Stock Analysis
When running Better Collective's price analysis, check to measure Better Collective'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 Better Collective is operating at the current time. Most of Better Collective's value examination focuses on studying past and present price action to predict the probability of Better Collective's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Collective's price. Additionally, you may evaluate how the addition of Better Collective to your portfolios can decrease your overall portfolio volatility.