Electreon Wireless Stock Beta
| ELWS Stock | 19,220 100.00 0.52% |
Electreon Wireless fundamentals help investors to digest information that contributes to Electreon Wireless' financial success or failures. It also enables traders to predict the movement of Electreon Stock. The fundamental analysis module provides a way to measure Electreon Wireless' 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 Electreon Wireless stock.
Electreon |
Electreon Wireless Company Beta Analysis
Electreon Wireless' 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 Electreon Wireless Beta | 0.79 |
Most of Electreon Wireless' 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, Electreon Wireless 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, Electreon Wireless has a Beta of 0.7902. This is 42.32% lower than that of the Industrials sector and 26.15% lower than that of the Engineering & Construction industry. The beta for all Israel stocks is notably lower than that of the firm.
Electreon Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Electreon Wireless' 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 Electreon Wireless could also be used in its relative valuation, which is a method of valuing Electreon Wireless by comparing valuation metrics of similar companies.Electreon Wireless is currently under evaluation in beta category among its peers.
As returns on the market increase, Electreon Wireless' returns are expected to increase less than the market. However, during the bear market, the loss of holding Electreon Wireless is expected to be smaller as well.
Electreon Fundamentals
| Return On Equity | -0.57 | |||
| Return On Asset | -0.31 | |||
| Operating Margin | (16.56) % | |||
| Current Valuation | 233.68 M | |||
| Shares Outstanding | 10.13 M | |||
| Shares Owned By Insiders | 61.59 % | |||
| Shares Owned By Institutions | 4.89 % | |||
| Price To Book | 2.14 X | |||
| Price To Sales | 65.03 X | |||
| EBITDA | (55.97 M) | |||
| Net Income | (57.55 M) | |||
| Book Value Per Share | 14.98 X | |||
| Cash Flow From Operations | (55.81 M) | |||
| Earnings Per Share | (6.74) X | |||
| Number Of Employees | 80 | |||
| Beta | 0.79 | |||
| Market Capitalization | 403.93 M | |||
| Total Asset | 179.33 M | |||
| Net Asset | 179.33 M |
About Electreon Wireless Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Electreon Wireless's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Electreon Wireless using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Electreon Wireless 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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Electreon Wireless financial ratios help investors to determine whether Electreon Stock 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 Electreon with respect to the benefits of owning Electreon Wireless security.