Tikcro Technologies Stock Beta
Tikcro Technologies fundamentals help investors to digest information that contributes to Tikcro Technologies' financial success or failures. It also enables traders to predict the movement of Tikcro Pink Sheet. The fundamental analysis module provides a way to measure Tikcro 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 Tikcro Technologies pink sheet.
Tikcro |
Tikcro Technologies Company Beta Analysis
Tikcro 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.
Current Tikcro Technologies Beta | -1.77 |
Most of Tikcro 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, Tikcro Technologies 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.
CompetitionIn accordance with the recently published financial statements, Tikcro Technologies has a Beta of -1.7653. This is 315.28% lower than that of the Biotechnology sector and significantly lower than that of the Health Care industry. The beta for all United States stocks is notably higher than that of the company.
Tikcro Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tikcro Technologies' 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 Tikcro Technologies could also be used in its relative valuation, which is a method of valuing Tikcro Technologies by comparing valuation metrics of similar companies.Tikcro Technologies is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Tikcro Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Tikcro Technologies is expected to outperform it.
Tikcro Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0767 | |||
| Current Valuation | (2.48 M) | |||
| Shares Outstanding | 9.88 M | |||
| Shares Owned By Insiders | 51.56 % | |||
| Price To Earning | 550.00 X | |||
| Price To Book | 0.37 X | |||
| EBITDA | (443 K) | |||
| Net Income | (478 K) | |||
| Cash And Equivalents | 3.86 M | |||
| Cash Per Share | 0.39 X | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 20.42 X | |||
| Book Value Per Share | 0.38 X | |||
| Cash Flow From Operations | (507 K) | |||
| Earnings Per Share | (0.05) X | |||
| Beta | -1.77 | |||
| Market Capitalization | 1.09 M | |||
| Total Asset | 3.94 M | |||
| Retained Earnings | (137.81 M) | |||
| Working Capital | 8.51 M | |||
| Current Asset | 8.73 M | |||
| Current Liabilities | 226 K | |||
| Z Score | -45.2 | |||
| Net Asset | 3.94 M |
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Tikcro Pink Sheet
If you are still planning to invest in Tikcro Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tikcro Technologies' history and understand the potential risks before investing.
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