Cryptoblox Technologies Stock Beta
| CRYBF Stock | USD 0.11 0.01 8.33% |
Cryptoblox Technologies fundamentals help investors to digest information that contributes to Cryptoblox Technologies' financial success or failures. It also enables traders to predict the movement of Cryptoblox Pink Sheet. The fundamental analysis module provides a way to measure Cryptoblox Technologies' 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 Cryptoblox Technologies pink sheet.
Cryptoblox |
Cryptoblox Technologies Company Beta Analysis
Cryptoblox Technologies' 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 Cryptoblox Technologies Beta | -3.48 |
Most of Cryptoblox Technologies' 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, Cryptoblox Technologies 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, Cryptoblox Technologies has a Beta of -3.4759. This is 427.92% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The beta for all United States stocks is notably higher than that of the company.
Cryptoblox Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cryptoblox Technologies' 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 Cryptoblox Technologies could also be used in its relative valuation, which is a method of valuing Cryptoblox Technologies by comparing valuation metrics of similar companies.Cryptoblox Technologies is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Cryptoblox Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Cryptoblox Technologies is expected to outperform it.
Cryptoblox Fundamentals
| Return On Equity | -1.78 | |||
| Return On Asset | -0.14 | |||
| Current Valuation | 5.9 M | |||
| Shares Outstanding | 538.63 M | |||
| Shares Owned By Insiders | 3.86 % | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 7,023 X | |||
| Gross Profit | 20.07 K | |||
| EBITDA | (21.64 M) | |||
| Net Income | (21.75 M) | |||
| Cash And Equivalents | 397.5 K | |||
| Total Debt | 46.53 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 1.95 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (11.38 M) | |||
| Earnings Per Share | (0.04) X | |||
| Beta | -3.48 | |||
| Market Capitalization | 6.84 M | |||
| Total Asset | 10.69 M | |||
| Z Score | 81.6 | |||
| Net Asset | 10.69 M |
About Cryptoblox Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cryptoblox Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cryptoblox Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cryptoblox Technologies 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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Other Information on Investing in Cryptoblox Pink Sheet
Cryptoblox Technologies financial ratios help investors to determine whether Cryptoblox 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 Cryptoblox with respect to the benefits of owning Cryptoblox Technologies security.