XXIX Metal Financials

Please note, the imprecision that can be found in XXIX Metal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of XXIX Metal Corp. Check XXIX Metal's Beneish M Score to see the likelihood of XXIX Metal's management manipulating its earnings.

XXIX Metal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. XXIX Metal 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 seven with a total number of output elements of fifty-four. The Beta measures systematic risk based on how returns on XXIX Metal Corp correlated with the market. If Beta is less than 0 XXIX Metal generally moves in the opposite direction as compared to the market. If XXIX Metal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one XXIX Metal Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of XXIX Metal is generally in the same direction as the market. If Beta > 1 XXIX Metal moves generally in the same direction as, but more than the movement of the benchmark.