Equatorial Maranho Distribuidora Stock Beta

EQMA3B Stock  BRL 24.49  0.24  0.99%   
Equatorial Maranho Distribuidora fundamentals help investors to digest information that contributes to Equatorial Maranho's financial success or failures. It also enables traders to predict the movement of Equatorial Stock. The fundamental analysis module provides a way to measure Equatorial Maranho'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 Equatorial Maranho stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Equatorial Maranho Distribuidora Company Beta Analysis

Equatorial Maranho'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.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Equatorial Maranho Beta

    
  0.2  
Most of Equatorial Maranho'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, Equatorial Maranho Distribuidora 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, Equatorial Maranho Distribuidora has a Beta of 0.1974. This is 56.13% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The beta for all Brazil stocks is notably lower than that of the firm.

Equatorial Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equatorial Maranho'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 Equatorial Maranho could also be used in its relative valuation, which is a method of valuing Equatorial Maranho by comparing valuation metrics of similar companies.
Equatorial Maranho is currently under evaluation in beta category among its peers.
As returns on the market increase, Equatorial Maranho's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equatorial Maranho is expected to be smaller as well.

Equatorial Fundamentals

About Equatorial Maranho Fundamental Analysis

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

Equatorial Maranho financial ratios help investors to determine whether Equatorial 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 Equatorial with respect to the benefits of owning Equatorial Maranho security.