Research Frontiers Incorporated Stock Beta
| REFR Stock | USD 1.27 0.02 1.55% |
Research Frontiers Incorporated fundamentals help investors to digest information that contributes to Research Frontiers' financial success or failures. It also enables traders to predict the movement of Research Stock. The fundamental analysis module provides a way to measure Research Frontiers' 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 Research Frontiers stock.
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Research Frontiers Incorporated Company Beta Analysis
Research Frontiers' 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 Research Frontiers Beta | 0.27 |
Most of Research Frontiers' 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, Research Frontiers Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Research Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Research Frontiers is extremely important. It helps to project a fair market value of Research Stock properly, considering its historical fundamentals such as Beta. Since Research Frontiers' 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 Research Frontiers' 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 Research Frontiers' 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, Research Frontiers Incorporated has a Beta of 0.267. This is 74.81% lower than that of the Electronic Equipment, Instruments & Components sector and 86.09% lower than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Research Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Research Frontiers' 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 Research Frontiers could also be used in its relative valuation, which is a method of valuing Research Frontiers by comparing valuation metrics of similar companies.Research Frontiers is currently under evaluation in beta category among its peers.
Research Frontiers Current Valuation Drivers
We derive many important indicators used in calculating different scores of Research Frontiers from analyzing Research Frontiers' financial statements. These drivers represent accounts that assess Research Frontiers' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Research Frontiers' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 88.5M | 54.4M | 61.3M | 33.8M | 57.3M | 59.7M | |
| Enterprise Value | 84.5M | 54.8M | 57.5M | 31.6M | 56.6M | 57.1M |
Research Frontiers Institutional Holders
Institutional Holdings refers to the ownership stake in Research Frontiers that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Research Frontiers' 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 Research Frontiers' value.| Shares | Charles Schwab Investment Management Inc | 2024-12-31 | 21.9 K | Schonfeld Strategic Advisors Llc | 2024-12-31 | 20.4 K | Freegulliver, Llc | 2024-12-31 | 20 K | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 15.9 K | Mercer Global Advisors Inc. | 2024-12-31 | 15.1 K | Foundations Investment Advisors, Llc | 2024-12-31 | 13.8 K | Cambridge Invest Research Advisors, Inc. | 2024-12-31 | 12 K | Hb Wealth Management, Llc | 2024-12-31 | 10 K | Bank Of America Corp | 4.2 K | The Colony Group Llc | 2024-12-31 | 998.7 K | Wr Wealth Planners, Llc | 2024-12-31 | 950.5 K |
As returns on the market increase, Research Frontiers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Research Frontiers is expected to be smaller as well.
Research Fundamentals
| Return On Equity | -0.43 | ||||
| Return On Asset | -0.23 | ||||
| Profit Margin | (0.98) % | ||||
| Operating Margin | (3.50) % | ||||
| Current Valuation | 42.71 M | ||||
| Shares Outstanding | 33.65 M | ||||
| Shares Owned By Insiders | 17.66 % | ||||
| Shares Owned By Institutions | 12.55 % | ||||
| Number Of Shares Shorted | 302.55 K | ||||
| Price To Earning | (8.09) X | ||||
| Price To Book | 16.67 X | ||||
| Price To Sales | 32.50 X | ||||
| Revenue | 1.34 M | ||||
| Gross Profit | (871.87 K) | ||||
| EBITDA | (1.18 M) | ||||
| Net Income | (1.31 M) | ||||
| Cash And Equivalents | 1.88 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 1.3 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 8.81 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (788.82 K) | ||||
| Short Ratio | 9.57 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Price To Earnings To Growth | (0.53) X | ||||
| Target Price | 3.0 | ||||
| Beta | 0.27 | ||||
| Market Capitalization | 43.41 M | ||||
| Total Asset | 4.04 M | ||||
| Retained Earnings | (125.58 M) | ||||
| Working Capital | 2.48 M | ||||
| Current Asset | 8.67 M | ||||
| Current Liabilities | 468.21 K | ||||
| Net Asset | 4.04 M |
About Research Frontiers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Research Frontiers Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Research Frontiers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Research Frontiers Incorporated 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.
Pair Trading with Research Frontiers
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Research Frontiers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Research Frontiers will appreciate offsetting losses from the drop in the long position's value.Moving together with Research Stock
| 0.95 | CTS | CTS Corporation | PairCorr |
| 0.65 | HPQ | HP Inc | PairCorr |
| 0.76 | MEI | Methode Electronics | PairCorr |
| 0.95 | CETX | Cemtrex | PairCorr |
Moving against Research Stock
| 0.75 | CYBQF | CYBERDYNE | PairCorr |
| 0.73 | FI | Fiserv, | PairCorr |
| 0.72 | IBM | International Business | PairCorr |
| 0.7 | LH | Laboratory | PairCorr |
| 0.66 | NTNX | Nutanix | PairCorr |
The ability to find closely correlated positions to Research Frontiers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Research Frontiers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Research Frontiers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Research Frontiers Incorporated to buy it.
The correlation of Research Frontiers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Research Frontiers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Research Frontiers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Research Frontiers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Research Stock Analysis
When running Research Frontiers' price analysis, check to measure Research Frontiers' 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 Research Frontiers is operating at the current time. Most of Research Frontiers' value examination focuses on studying past and present price action to predict the probability of Research Frontiers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Research Frontiers' price. Additionally, you may evaluate how the addition of Research Frontiers to your portfolios can decrease your overall portfolio volatility.