Beyond Minerals Stock Beta

BYDMF Stock  USD 0.03  0.0004  1.42%   
Beyond Minerals fundamentals help investors to digest information that contributes to Beyond Minerals' financial success or failures. It also enables traders to predict the movement of Beyond Pink Sheet. The fundamental analysis module provides a way to measure Beyond Minerals' 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 Beyond Minerals pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Beyond Minerals Company Beta Analysis

Beyond Minerals' 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.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis
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, Beyond Minerals has a Beta of 0.0. This is 100.0% lower than that of the Basic Materials sector and about the same as Other Industrial Metals & Mining (which currently averages 0.0) industry. The beta for all United States stocks is 100.0% lower than that of the firm.

Beyond Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Beyond Minerals' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Beyond Minerals could also be used in its relative valuation, which is a method of valuing Beyond Minerals by comparing valuation metrics of similar companies.
Beyond Minerals is currently under evaluation in beta category among its peers.

Beyond Fundamentals

About Beyond Minerals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Beyond Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beyond Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beyond Minerals 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Beyond Pink Sheet

Beyond Minerals financial ratios help investors to determine whether Beyond Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Beyond with respect to the benefits of owning Beyond Minerals security.