Home First Finance Stock Beta
| HOMEFIRST | 885.00 23.30 2.57% |
Home First Finance fundamentals help investors to digest information that contributes to Home First's financial success or failures. It also enables traders to predict the movement of Home Stock. The fundamental analysis module provides a way to measure Home First'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 Home First stock.
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Home First Finance Company Beta Analysis
Home First'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 Home First Beta | 0.42 |
Most of Home First'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, Home First Finance 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.
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In accordance with the recently published financial statements, Home First Finance has a Beta of 0.421. This is 48.66% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The beta for all India stocks is notably lower than that of the firm.
Home Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Home First'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 Home First could also be used in its relative valuation, which is a method of valuing Home First by comparing valuation metrics of similar companies.Home First is currently under evaluation in beta category among its peers.
As returns on the market increase, Home First's returns are expected to increase less than the market. However, during the bear market, the loss of holding Home First is expected to be smaller as well.
Home Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0354 | ||||
| Profit Margin | 0.49 % | ||||
| Operating Margin | 0.63 % | ||||
| Current Valuation | 155.79 B | ||||
| Shares Outstanding | 89.83 M | ||||
| Shares Owned By Insiders | 28.89 % | ||||
| Shares Owned By Institutions | 45.52 % | ||||
| Price To Book | 3.47 X | ||||
| Price To Sales | 10.90 X | ||||
| Revenue | 6.08 B | ||||
| Gross Profit | 7.29 B | ||||
| EBITDA | 3.23 B | ||||
| Net Income | 3.06 B | ||||
| Total Debt | 73.02 B | ||||
| Book Value Per Share | 257.19 X | ||||
| Cash Flow From Operations | (19.08 B) | ||||
| Earnings Per Share | 39.74 X | ||||
| Target Price | 1239.81 | ||||
| Number Of Employees | 1.25 K | ||||
| Beta | 0.42 | ||||
| Market Capitalization | 79.5 B | ||||
| Total Asset | 95.34 B | ||||
| Retained Earnings | 9.54 B | ||||
| Working Capital | 89.5 B | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 95.34 B | ||||
| Last Dividend Paid | 3.4 |
About Home First Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Home First Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Home First using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Home First Finance 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.Additional Tools for Home Stock Analysis
When running Home First's price analysis, check to measure Home First's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Home First is operating at the current time. Most of Home First's value examination focuses on studying past and present price action to predict the probability of Home First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home First's price. Additionally, you may evaluate how the addition of Home First to your portfolios can decrease your overall portfolio volatility.