China Shenhua Ena Stock Beta

IKFC Stock  EUR 15.60  0.40  2.50%   
CHINA SHENHUA ENA fundamentals help investors to digest information that contributes to CHINA SHENHUA's financial success or failures. It also enables traders to predict the movement of CHINA Stock. The fundamental analysis module provides a way to measure CHINA SHENHUA'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 CHINA SHENHUA 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.

CHINA SHENHUA ENA Company Beta Analysis

CHINA SHENHUA'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 CHINA SHENHUA Beta

    
  0.42  
Most of CHINA SHENHUA'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, CHINA SHENHUA ENA 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, CHINA SHENHUA ENA has a Beta of 0.4164. This is 75.51% lower than that of the Energy sector and significantly higher than that of the Thermal Coal industry. The beta for all Germany stocks is notably lower than that of the firm.

CHINA Beta Peer Comparison

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

CHINA Fundamentals

About CHINA SHENHUA Fundamental Analysis

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

CHINA SHENHUA financial ratios help investors to determine whether CHINA 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 CHINA with respect to the benefits of owning CHINA SHENHUA security.