Hydratec Industries Nv Stock Beta

HYDRA Stock  EUR 160.00  2.00  1.27%   
Hydratec Industries NV fundamentals help investors to digest information that contributes to Hydratec Industries' financial success or failures. It also enables traders to predict the movement of Hydratec Stock. The fundamental analysis module provides a way to measure Hydratec Industries' 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 Hydratec Industries 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.

Hydratec Industries NV Company Beta Analysis

Hydratec Industries' 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 Hydratec Industries Beta

    
  0.78  
Most of Hydratec Industries' 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, Hydratec Industries NV 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, Hydratec Industries NV has a Beta of 0.7836. This is 42.8% lower than that of the Industrial Conglomerates sector and 2.05% lower than that of the Industrials industry. The beta for all Netherlands stocks is notably lower than that of the firm.

Hydratec Beta Peer Comparison

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

Hydratec Fundamentals

About Hydratec Industries Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Hydratec Stock

Hydratec Industries financial ratios help investors to determine whether Hydratec 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 Hydratec with respect to the benefits of owning Hydratec Industries security.