Vendetta Mining Corp Stock Beta
| VTT Stock | CAD 0.01 0.01 50.00% |
Vendetta Mining Corp fundamentals help investors to digest information that contributes to Vendetta Mining's financial success or failures. It also enables traders to predict the movement of Vendetta Stock. The fundamental analysis module provides a way to measure Vendetta Mining'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 Vendetta Mining stock.
Vendetta | Beta |
Vendetta Mining Corp Company Beta Analysis
Vendetta Mining'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 Vendetta Mining Beta | 0.91 |
Most of Vendetta Mining'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, Vendetta Mining Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Vendetta Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Vendetta Mining is extremely important. It helps to project a fair market value of Vendetta Stock properly, considering its historical fundamentals such as Beta. Since Vendetta Mining'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 Vendetta Mining'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 Vendetta Mining's 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, Vendetta Mining Corp has a Beta of 0.912. This is 4.83% higher than that of the Metals & Mining sector and 22.05% lower than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
Vendetta Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vendetta Mining'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 Vendetta Mining could also be used in its relative valuation, which is a method of valuing Vendetta Mining by comparing valuation metrics of similar companies.Vendetta Mining is currently under evaluation in beta category among its peers.
Vendetta Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Vendetta Mining from analyzing Vendetta Mining's financial statements. These drivers represent accounts that assess Vendetta Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vendetta Mining's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.5M | 10.2M | 13.6M | 16.8M | 4.8M | 9.0M | |
| Enterprise Value | 13.0M | 12.6M | 12.1M | 16.6M | 4.9M | 9.0M |
Vendetta Mining returns are very sensitive to returns on the market. As the market goes up or down, Vendetta Mining is expected to follow.
Vendetta Fundamentals
| Return On Equity | -0.12 | ||||
| Return On Asset | -0.0595 | ||||
| Current Valuation | 3.7 M | ||||
| Shares Outstanding | 362.69 M | ||||
| Shares Owned By Insiders | 21.20 % | ||||
| Shares Owned By Institutions | 0.89 % | ||||
| Number Of Shares Shorted | 50.11 K | ||||
| Price To Earning | (6.97) X | ||||
| Price To Book | 0.72 X | ||||
| EBITDA | (595.72 K) | ||||
| Net Income | (666.19 K) | ||||
| Cash And Equivalents | 19.95 K | ||||
| Total Debt | 882.05 K | ||||
| Current Ratio | 0.26 X | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (247.41 K) | ||||
| Short Ratio | 0.02 X | ||||
| Target Price | 0.23 | ||||
| Beta | 0.91 | ||||
| Market Capitalization | 3.63 M | ||||
| Total Asset | 6.1 M | ||||
| Retained Earnings | (23.96 M) | ||||
| Working Capital | (831.42 K) | ||||
| Net Asset | 6.1 M |
About Vendetta Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vendetta Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vendetta Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vendetta Mining Corp 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 Vendetta Stock Analysis
When running Vendetta Mining's price analysis, check to measure Vendetta Mining'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 Vendetta Mining is operating at the current time. Most of Vendetta Mining's value examination focuses on studying past and present price action to predict the probability of Vendetta Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vendetta Mining's price. Additionally, you may evaluate how the addition of Vendetta Mining to your portfolios can decrease your overall portfolio volatility.