Poet Technologies Stock Beta

POET Stock  USD 4.76  0.05  1.04%   
POET Technologies fundamentals help investors to digest information that contributes to POET Technologies' financial success or failures. It also enables traders to predict the movement of POET Stock. The fundamental analysis module provides a way to measure POET Technologies' 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 POET Technologies stock.
  
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POET Technologies Company Beta Analysis

POET Technologies' 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 POET Technologies Beta

    
  0.47  
Most of POET Technologies' 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, POET Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

POET Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for POET Technologies is extremely important. It helps to project a fair market value of POET Stock properly, considering its historical fundamentals such as Beta. Since POET Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of POET Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of POET Technologies' interrelated accounts and indicators.
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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, POET Technologies has a Beta of 0.472. This is 55.47% lower than that of the Semiconductors & Semiconductor Equipment sector and 56.7% lower than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.

POET Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses POET Technologies' 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 POET Technologies could also be used in its relative valuation, which is a method of valuing POET Technologies by comparing valuation metrics of similar companies.
POET Technologies is currently under evaluation in beta category among its peers.

POET Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, POET Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to POET Technologies' managers, analysts, and investors.
Environmental
Governance
Social

POET Technologies Institutional Holders

Institutional Holdings refers to the ownership stake in POET Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of POET Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing POET Technologies' value.
Shares
Centiva Capital Lp2024-09-30
30.2 K
Renaissance Technologies Corp2024-09-30
29.6 K
Scientech Research Llc2024-09-30
27.3 K
Qube Research & Technologies2024-09-30
26.6 K
Geode Capital Management, Llc2024-09-30
26.1 K
Quadrature Capital Llp2024-09-30
25.3 K
Scotia Capital Inc2024-09-30
23 K
Two Sigma Investments Llc2024-09-30
20.7 K
Royal Bank Of Canada2024-09-30
19 K
Mmcap International Inc. Spc2024-09-30
4.8 M
Tyler-stone Wealth Management2024-09-30
271 K
As returns on the market increase, POET Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding POET Technologies is expected to be smaller as well.

POET Fundamentals

About POET Technologies Fundamental Analysis

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

Explore Investment Opportunities

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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Additional Tools for POET Stock Analysis

When running POET Technologies' price analysis, check to measure POET Technologies' 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 POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.