Heartbeam Warrant Stock Beta
| BEATW Stock | USD 0.82 0.02 2.50% |
Heartbeam Warrant fundamentals help investors to digest information that contributes to Heartbeam Warrant's financial success or failures. It also enables traders to predict the movement of Heartbeam Stock. The fundamental analysis module provides a way to measure Heartbeam Warrant'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 Heartbeam Warrant stock.
Heartbeam | Beta |
Heartbeam Warrant Company Beta Analysis
Heartbeam Warrant'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.
Heartbeam Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Heartbeam Warrant is extremely important. It helps to project a fair market value of Heartbeam Stock properly, considering its historical fundamentals such as Beta. Since Heartbeam Warrant's 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 Heartbeam Warrant's 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 Heartbeam Warrant's interrelated accounts and indicators.
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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, Heartbeam Warrant has a Beta of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and about the same as Health Care (which currently averages 0.0) industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Heartbeam Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heartbeam Warrant'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 Heartbeam Warrant could also be used in its relative valuation, which is a method of valuing Heartbeam Warrant by comparing valuation metrics of similar companies.Heartbeam Warrant is currently under evaluation in beta category among its peers.
Heartbeam Fundamentals
| Return On Equity | -1.64 | ||||
| Return On Asset | -0.9 | ||||
| Number Of Shares Shorted | 1.4 K | ||||
| EBITDA | 675 K | ||||
| Net Income | (14.64 M) | ||||
| Total Debt | 1.19 M | ||||
| Book Value Per Share | 0.30 X | ||||
| Cash Flow From Operations | (12.09 M) | ||||
| Earnings Per Share | (0.49) X | ||||
| Number Of Employees | 15 | ||||
| Total Asset | 17.13 M | ||||
| Retained Earnings | (36.83 M) | ||||
| Working Capital | 15.63 M | ||||
| Net Asset | 17.13 M |
About Heartbeam Warrant Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heartbeam Warrant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heartbeam Warrant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heartbeam Warrant 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Heartbeam Stock Analysis
When running Heartbeam Warrant's price analysis, check to measure Heartbeam Warrant'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 Heartbeam Warrant is operating at the current time. Most of Heartbeam Warrant's value examination focuses on studying past and present price action to predict the probability of Heartbeam Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartbeam Warrant's price. Additionally, you may evaluate how the addition of Heartbeam Warrant to your portfolios can decrease your overall portfolio volatility.