Integrated Wellness Acquisition Stock Beta
| WEL-UN Stock | 11.81 0.00 0.00% |
Integrated Wellness Acquisition fundamentals help investors to digest information that contributes to Integrated Wellness' financial success or failures. It also enables traders to predict the movement of Integrated Stock. The fundamental analysis module provides a way to measure Integrated Wellness' 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 Integrated Wellness stock.
Integrated | Beta |
Integrated Wellness Acquisition Company Beta Analysis
Integrated Wellness' 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 Integrated Wellness Beta | 0.022 |
Most of Integrated Wellness' 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, Integrated Wellness Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Integrated Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Integrated Wellness is extremely important. It helps to project a fair market value of Integrated Stock properly, considering its historical fundamentals such as Beta. Since Integrated Wellness' 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 Integrated Wellness' 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 Integrated Wellness' 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.
CompetitionIn accordance with the recently published financial statements, Integrated Wellness Acquisition has a Beta of 0.022. This is 97.32% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The beta for all United States stocks is 114.67% lower than that of the firm.
Integrated Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Integrated Wellness' 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 Integrated Wellness could also be used in its relative valuation, which is a method of valuing Integrated Wellness by comparing valuation metrics of similar companies.Integrated Wellness is currently under evaluation in beta category among its peers.
As returns on the market increase, Integrated Wellness' returns are expected to increase less than the market. However, during the bear market, the loss of holding Integrated Wellness is expected to be smaller as well.
Integrated Fundamentals
| Return On Asset | -0.0205 | ||||
| Current Valuation | 88.05 M | ||||
| Shares Owned By Institutions | 0.01 % | ||||
| Number Of Shares Shorted | 98 | ||||
| EBITDA | 3.9 M | ||||
| Net Income | 1.49 K | ||||
| Total Debt | 2.02 M | ||||
| Book Value Per Share | (1.14) X | ||||
| Cash Flow From Operations | 3.22 K | ||||
| Short Ratio | 6.98 X | ||||
| Earnings Per Share | (0.74) X | ||||
| Beta | 0.022 | ||||
| Total Asset | 47.47 M | ||||
| Retained Earnings | (8.13 M) | ||||
| Working Capital | 507.58 K | ||||
| Net Asset | 47.47 M |
About Integrated Wellness Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Integrated Wellness Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Integrated Wellness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Integrated Wellness Acquisition 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 Integrated Wellness
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 Integrated Wellness 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 Integrated Wellness will appreciate offsetting losses from the drop in the long position's value.Moving against Integrated Stock
| 0.69 | FCFS | FirstCash | PairCorr |
| 0.45 | LGHLW | Lion Financial Group | PairCorr |
| 0.35 | PWUPW | PowerUp Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Integrated Wellness could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Integrated Wellness 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 Integrated Wellness - 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 Integrated Wellness Acquisition to buy it.
The correlation of Integrated Wellness 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 Integrated Wellness moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Integrated Wellness 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 Integrated Wellness 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.Check out Your Current Watchlist 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 board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.