Good Life China Stock Beta
Good Life China fundamentals help investors to digest information that contributes to Good Life's financial success or failures. It also enables traders to predict the movement of Good Stock. The fundamental analysis module provides a way to measure Good Life'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 Good Life stock.
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Good Life China Company Beta Analysis
Good Life'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.
Current Good Life Beta | 156.32 |
Most of Good Life'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, Good Life China 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, Good Life China has a Beta of 156. This is much higher than that of the Consumer Staples Distribution & Retail sector and notably higher than that of the Consumer Staples industry. The beta for all United States stocks is notably lower than that of the firm.
Good Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Good Life'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 Good Life could also be used in its relative valuation, which is a method of valuing Good Life by comparing valuation metrics of similar companies.Good Life is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Good Life will likely underperform.
Good Fundamentals
| Profit Margin | (0.0004) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 5.93 K | |||
| Price To Book | 0.19 X | |||
| Price To Sales | 0 X | |||
| Revenue | 5.55 M | |||
| Gross Profit | 1.78 M | |||
| EBITDA | 574.58 K | |||
| Net Income | (2.26 K) | |||
| Cash And Equivalents | 256.8 K | |||
| Current Ratio | 0.67 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | 89.24 K | |||
| Earnings Per Share | (1.12) X | |||
| Beta | 156.32 | |||
| Market Capitalization | 5.93 K | |||
| Total Asset | 17 M | |||
| Current Asset | 1000 K | |||
| Current Liabilities | 1000 K |
About Good Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Good Life China's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Good Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Good Life China 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Good Life China offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Good Life's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Good Life China Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Good Life China Stock:Check out Good Life Piotroski F Score and Good Life Altman Z Score analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Stock space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Good Life. If investors know Good will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Good Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Good Life China is measured differently than its book value, which is the value of Good that is recorded on the company's balance sheet. Investors also form their own opinion of Good Life's value that differs from its market value or its book value, called intrinsic value, which is Good Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Good Life's market value can be influenced by many factors that don't directly affect Good Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Good Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.