Live Motion Games Stock Beta
| LMG Stock | 1.16 0.01 0.87% |
Live Motion Games fundamentals help investors to digest information that contributes to Live Motion's financial success or failures. It also enables traders to predict the movement of Live Stock. The fundamental analysis module provides a way to measure Live Motion'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 Live Motion stock.
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Live Motion Games Company Beta Analysis
Live Motion'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.
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, Live Motion Games has a Beta of 0.0. This indicator is about the same for the Consumer Cyclicals average (which is currently at 0.0) sector and about the same as Leisure Products (which currently averages 0.0) industry. This indicator is about the same for all Poland stocks average (which is currently at 0.0).
Live Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Live Motion'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 Live Motion could also be used in its relative valuation, which is a method of valuing Live Motion by comparing valuation metrics of similar companies.Live Motion is currently under evaluation in beta category among its peers.
About Live Motion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Live Motion Games's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Live Motion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Live Motion Games 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.
Pair Trading with Live Motion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Live Motion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Live Motion will appreciate offsetting losses from the drop in the long position's value.Moving together with Live Stock
| 0.75 | CFG | Creativeforge Games | PairCorr |
| 0.77 | ECC | ECC Games SA | PairCorr |
| 0.84 | CCE | Clean Carbon Energy | PairCorr |
The ability to find closely correlated positions to Live Motion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Live Motion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Live Motion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Live Motion Games to buy it.
The correlation of Live Motion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Live Motion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Live Motion Games moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Live Motion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Live Stock Analysis
When running Live Motion's price analysis, check to measure Live Motion'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 Live Motion is operating at the current time. Most of Live Motion's value examination focuses on studying past and present price action to predict the probability of Live Motion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Motion's price. Additionally, you may evaluate how the addition of Live Motion to your portfolios can decrease your overall portfolio volatility.