Marmaris Altinyunus Turistik Stock Beta

MAALT Stock  TRY 804.00  3.00  0.37%   
Marmaris Altinyunus Turistik fundamentals help investors to digest information that contributes to Marmaris Altinyunus' financial success or failures. It also enables traders to predict the movement of Marmaris Stock. The fundamental analysis module provides a way to measure Marmaris Altinyunus' 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 Marmaris Altinyunus 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.

Marmaris Altinyunus Turistik Company Beta Analysis

Marmaris Altinyunus' 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 Marmaris Altinyunus Beta

    
  1.91  
Most of Marmaris Altinyunus' 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, Marmaris Altinyunus Turistik 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, Marmaris Altinyunus Turistik has a Beta of 1.9129. This is 127.73% higher than that of the Hotels, Restaurants & Leisure sector and 112.54% higher than that of the Consumer Discretionary industry. The beta for all Turkey stocks is notably lower than that of the firm.

Marmaris Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Marmaris Altinyunus' 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 Marmaris Altinyunus could also be used in its relative valuation, which is a method of valuing Marmaris Altinyunus by comparing valuation metrics of similar companies.
Marmaris Altinyunus is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Marmaris Altinyunus will likely underperform.

Marmaris Fundamentals

About Marmaris Altinyunus Fundamental Analysis

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

Marmaris Altinyunus financial ratios help investors to determine whether Marmaris 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 Marmaris with respect to the benefits of owning Marmaris Altinyunus security.