Integrated Drilling Equipment Stock Beta
| IRIG Stock | USD 0.05 0.00 0.00% |
Integrated Drilling Equipment fundamentals help investors to digest information that contributes to Integrated Drilling's financial success or failures. It also enables traders to predict the movement of Integrated OTC Stock. The fundamental analysis module provides a way to measure Integrated Drilling'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 Integrated Drilling otc stock.
Integrated |
Integrated Drilling Equipment OTC Stock Beta Analysis
Integrated Drilling'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 Integrated Drilling Beta | -27.18 |
Most of Integrated Drilling'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, Integrated Drilling Equipment 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, Integrated Drilling Equipment has a Beta of -27.1835. This is 1699.03% lower than that of the Energy Equipment & Services sector and notably lower than that of the Energy industry. The beta for all United States stocks is notably higher than that of the company.
Integrated Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Integrated Drilling's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Integrated Drilling could also be used in its relative valuation, which is a method of valuing Integrated Drilling by comparing valuation metrics of similar companies.Integrated Drilling is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Integrated Drilling are expected to decrease by larger amounts. On the other hand, during market turmoil, Integrated Drilling is expected to outperform it.
Integrated Fundamentals
| Return On Asset | 0.0887 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 38.55 M | |||
| Shares Outstanding | 8.81 M | |||
| Price To Earning | (0.50) X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 87.29 M | |||
| Gross Profit | 27.61 M | |||
| EBITDA | 6.65 M | |||
| Net Income | (866 K) | |||
| Cash And Equivalents | 1.26 M | |||
| Cash Per Share | 0.14 X | |||
| Current Ratio | 0.44 X | |||
| Book Value Per Share | (4.14) X | |||
| Cash Flow From Operations | 1.06 M | |||
| Earnings Per Share | (0.10) X | |||
| Number Of Employees | 270 | |||
| Beta | -27.18 | |||
| Market Capitalization | 440.5 K | |||
| Total Asset | 34.49 M | |||
| Retained Earnings | (36.45 M) | |||
| Working Capital | (39.11 M) | |||
| Current Asset | 30.31 M | |||
| Current Liabilities | 69.42 M | |||
| Z Score | -0.6 | |||
| Net Asset | 34.49 M |
About Integrated Drilling Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Integrated Drilling Equipment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Integrated Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Integrated Drilling Equipment based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Integrated OTC Stock
Integrated Drilling financial ratios help investors to determine whether Integrated OTC 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 Integrated with respect to the benefits of owning Integrated Drilling security.