Canada Rare Earth Stock Beta
| RAREF Stock | USD 0.01 0.00 0.00% |
Canada Rare Earth fundamentals help investors to digest information that contributes to Canada Rare's financial success or failures. It also enables traders to predict the movement of Canada Pink Sheet. The fundamental analysis module provides a way to measure Canada Rare'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 Canada Rare pink sheet.
Canada |
Canada Rare Earth Company Beta Analysis
Canada Rare'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 Canada Rare Beta | 1.11 |
Most of Canada Rare'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, Canada Rare Earth 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, Canada Rare Earth has a Beta of 1.1139. This is 28.03% higher than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The beta for all United States stocks is notably lower than that of the firm.
Canada Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canada Rare'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 Canada Rare could also be used in its relative valuation, which is a method of valuing Canada Rare by comparing valuation metrics of similar companies.Canada Rare is currently under evaluation in beta category among its peers.
Canada Rare returns are very sensitive to returns on the market. As the market goes up or down, Canada Rare is expected to follow.
Canada Fundamentals
| Return On Asset | -0.15 | |||
| Profit Margin | (0.21) % | |||
| Operating Margin | (0.20) % | |||
| Current Valuation | 5.01 M | |||
| Shares Outstanding | 203.6 M | |||
| Shares Owned By Insiders | 26.08 % | |||
| Price To Earning | (19.50) X | |||
| Price To Book | 103.95 X | |||
| Price To Sales | 1.87 X | |||
| Revenue | 410.3 K | |||
| Gross Profit | 42.08 K | |||
| EBITDA | (926.73 K) | |||
| Net Income | (1.03 M) | |||
| Cash And Equivalents | 1.64 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 840.59 K | |||
| Debt To Equity | 0.82 % | |||
| Current Ratio | 0.70 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (321.94 K) | |||
| Earnings Per Share | (0) X | |||
| Target Price | 67.0 | |||
| Number Of Employees | 10 | |||
| Beta | 1.11 | |||
| Market Capitalization | 8.33 M | |||
| Total Asset | 1.2 M | |||
| Retained Earnings | (13.33 M) | |||
| Working Capital | 1.94 M | |||
| Current Asset | 2.05 M | |||
| Current Liabilities | 111 K | |||
| Z Score | -8.8 | |||
| Net Asset | 1.2 M |
About Canada Rare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canada Rare Earth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canada Rare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canada Rare Earth 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.
Currently Active Assets on Macroaxis
Other Information on Investing in Canada Pink Sheet
Canada Rare financial ratios help investors to determine whether Canada 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 Canada with respect to the benefits of owning Canada Rare security.