Mega Uranium Stock Beta
| MGAFF Stock | USD 0.25 0.02 7.41% |
Mega Uranium fundamentals help investors to digest information that contributes to Mega Uranium's financial success or failures. It also enables traders to predict the movement of Mega Pink Sheet. The fundamental analysis module provides a way to measure Mega Uranium'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 Mega Uranium pink sheet.
Mega |
Mega Uranium Company Beta Analysis
Mega Uranium'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 Mega Uranium Beta | 1.49 |
Most of Mega Uranium'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, Mega Uranium 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, Mega Uranium has a Beta of 1.4946. This is 12.08% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.
Mega Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mega Uranium's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Mega Uranium could also be used in its relative valuation, which is a method of valuing Mega Uranium by comparing valuation metrics of similar companies.Mega Uranium 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, Mega Uranium will likely underperform.
Mega Fundamentals
| Return On Equity | -0.0651 | |||
| Return On Asset | -0.0188 | |||
| Current Valuation | 45.69 M | |||
| Shares Outstanding | 359.69 M | |||
| Shares Owned By Insiders | 2.67 % | |||
| Shares Owned By Institutions | 14.53 % | |||
| Price To Earning | 12.78 X | |||
| Price To Book | 0.72 X | |||
| EBITDA | (5.84 M) | |||
| Net Income | (8.39 M) | |||
| Cash And Equivalents | 14.82 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 77 K | |||
| Current Ratio | 11.38 X | |||
| Book Value Per Share | 0.36 X | |||
| Cash Flow From Operations | (2.21 M) | |||
| Earnings Per Share | 0.02 X | |||
| Beta | 1.49 | |||
| Market Capitalization | 63.12 M | |||
| Total Asset | 117.89 M | |||
| Net Asset | 117.89 M |
About Mega Uranium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mega Uranium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mega Uranium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mega Uranium 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 Mega Pink Sheet
Mega Uranium financial ratios help investors to determine whether Mega Pink Sheet 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 Mega with respect to the benefits of owning Mega Uranium security.