Dingzing Advanced Materials Stock Beta
| 6585 Stock | 144.00 1.00 0.69% |
DingZing Advanced Materials fundamentals help investors to digest information that contributes to DingZing Advanced's financial success or failures. It also enables traders to predict the movement of DingZing Stock. The fundamental analysis module provides a way to measure DingZing Advanced'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 DingZing Advanced stock.
DingZing |
DingZing Advanced Materials Company Beta Analysis
DingZing Advanced'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.
Current DingZing Advanced Beta | 0.37 |
Most of DingZing Advanced'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, DingZing Advanced Materials 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, DingZing Advanced Materials has a Beta of 0.3716. This is 57.29% lower than that of the Basic Materials sector and 66.22% lower than that of the Specialty Chemicals industry. The beta for all Taiwan stocks is notably lower than that of the firm.
DingZing Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DingZing Advanced'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 DingZing Advanced could also be used in its relative valuation, which is a method of valuing DingZing Advanced by comparing valuation metrics of similar companies.DingZing Advanced is currently under evaluation in beta category among its peers.
As returns on the market increase, DingZing Advanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding DingZing Advanced is expected to be smaller as well.
DingZing Fundamentals
| Return On Equity | 0.096 | |||
| Return On Asset | 0.0347 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 4.83 B | |||
| Shares Outstanding | 69.24 M | |||
| Shares Owned By Insiders | 78.68 % | |||
| Shares Owned By Institutions | 3.77 % | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 1.39 X | |||
| Revenue | 2.62 B | |||
| Gross Profit | 695.68 M | |||
| EBITDA | 455.04 M | |||
| Book Value Per Share | 41.87 X | |||
| Earnings Per Share | 3.90 X | |||
| Beta | 0.37 | |||
| Market Capitalization | 4.2 B | |||
| Annual Yield | 0.05 % | |||
| Last Dividend Paid | 3.38 |
About DingZing Advanced Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DingZing Advanced Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DingZing Advanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DingZing Advanced Materials 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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When running DingZing Advanced's price analysis, check to measure DingZing Advanced'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 DingZing Advanced is operating at the current time. Most of DingZing Advanced's value examination focuses on studying past and present price action to predict the probability of DingZing Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DingZing Advanced's price. Additionally, you may evaluate how the addition of DingZing Advanced to your portfolios can decrease your overall portfolio volatility.