Red Cat Holdings Stock Beta
| RCAT Stock | USD 9.18 1.39 13.15% |
Red Cat Holdings fundamentals help investors to digest information that contributes to Red Cat's financial success or failures. It also enables traders to predict the movement of Red Stock. The fundamental analysis module provides a way to measure Red Cat'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 Red Cat stock.
Red | Beta |
Red Cat Holdings Company Beta Analysis
Red Cat'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 Red Cat Beta | -0.38 |
Most of Red Cat'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, Red Cat Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Red Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Red Cat is extremely important. It helps to project a fair market value of Red Stock properly, considering its historical fundamentals such as Beta. Since Red Cat's 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 Red Cat's 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 Red Cat's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Red Cat Holdings has a Beta of -0.384. This is 136.23% lower than that of the Electronic Equipment, Instruments & Components sector and significantly lower than that of the Information Technology industry. The beta for all United States stocks is 156.0% higher than that of the company.
Red Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Red Cat'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 Red Cat could also be used in its relative valuation, which is a method of valuing Red Cat by comparing valuation metrics of similar companies.Red Cat is currently under evaluation in beta category among its peers.
Red Cat 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, Red Cat's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Red Cat's managers, analysts, and investors.Environmental | Governance | Social |
Red Cat Institutional Holders
Institutional Holdings refers to the ownership stake in Red Cat that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Red Cat's 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 Red Cat's value.| Shares | Cambridge Invest Research Advisors, Inc. | 2024-09-30 | 202.8 K | Corsair Capital Management Llc | 2024-09-30 | 121.3 K | Northern Trust Corp | 2024-09-30 | 110.2 K | Citigroup Inc | 2024-09-30 | 99.5 K | Wolverine Trading Llc | 2024-09-30 | 90.9 K | Group One Trading, Lp | 2024-09-30 | 88.1 K | Centiva Capital Lp | 2024-09-30 | 81.6 K | Simplex Trading, Llc | 2024-09-30 | 74.3 K | Two Sigma Investments Llc | 2024-09-30 | 60.2 K | Awm Investment Company Inc | 2024-09-30 | 4.5 M | Vanguard Group Inc | 2024-09-30 | 2.3 M |
As returns on the market increase, returns on owning Red Cat are expected to decrease at a much lower rate. During the bear market, Red Cat is likely to outperform the market.
Red Fundamentals
| Return On Equity | -0.69 | ||||
| Return On Asset | -0.27 | ||||
| Profit Margin | (1.62) % | ||||
| Operating Margin | (2.75) % | ||||
| Current Valuation | 791.63 M | ||||
| Shares Outstanding | 75.47 M | ||||
| Shares Owned By Insiders | 21.18 % | ||||
| Shares Owned By Institutions | 17.70 % | ||||
| Number Of Shares Shorted | 5.23 M | ||||
| Price To Book | 21.35 X | ||||
| Price To Sales | 36.72 X | ||||
| Revenue | 17.84 M | ||||
| Gross Profit | 925.51 K | ||||
| EBITDA | (20.03 M) | ||||
| Net Income | (21.53 M) | ||||
| Cash And Equivalents | 42.95 M | ||||
| Cash Per Share | 0.79 X | ||||
| Total Debt | 2.27 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 11.24 X | ||||
| Book Value Per Share | 0.43 X | ||||
| Cash Flow From Operations | (18.6 M) | ||||
| Short Ratio | 3.43 X | ||||
| Earnings Per Share | (0.42) X | ||||
| Target Price | 10.5 | ||||
| Number Of Employees | 89 | ||||
| Beta | -0.38 | ||||
| Market Capitalization | 692.77 M | ||||
| Total Asset | 48.54 M | ||||
| Retained Earnings | (81.13 M) | ||||
| Working Capital | 18.75 M | ||||
| Net Asset | 48.54 M |
About Red Cat Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Red Cat Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Red Cat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Red Cat Holdings 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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Additional Tools for Red Stock Analysis
When running Red Cat's price analysis, check to measure Red Cat'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 Red Cat is operating at the current time. Most of Red Cat's value examination focuses on studying past and present price action to predict the probability of Red Cat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Cat's price. Additionally, you may evaluate how the addition of Red Cat to your portfolios can decrease your overall portfolio volatility.