Boom Logistics Ltd Stock Beta
| GJY Stock | EUR 0.82 0.01 1.23% |
BOOM LOGISTICS LTD fundamentals help investors to digest information that contributes to BOOM LOGISTICS's financial success or failures. It also enables traders to predict the movement of BOOM Stock. The fundamental analysis module provides a way to measure BOOM LOGISTICS'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 BOOM LOGISTICS stock.
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BOOM LOGISTICS LTD Company Beta Analysis
BOOM LOGISTICS'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.
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.
In accordance with the recently published financial statements, BOOM LOGISTICS LTD has a Beta of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Beta (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).
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About BOOM LOGISTICS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BOOM LOGISTICS LTD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BOOM LOGISTICS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BOOM LOGISTICS LTD 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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BOOM LOGISTICS financial ratios help investors to determine whether BOOM 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 BOOM with respect to the benefits of owning BOOM LOGISTICS security.