Citic Metal Co Stock Beta
| 601061 Stock | 8.00 0.03 0.37% |
CITIC Metal Co fundamentals help investors to digest information that contributes to CITIC Metal's financial success or failures. It also enables traders to predict the movement of CITIC Stock. The fundamental analysis module provides a way to measure CITIC Metal'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 CITIC Metal stock.
CITIC |
CITIC Metal Co Company Beta Analysis
CITIC Metal'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.
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.
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In accordance with the recently published financial statements, CITIC Metal Co has a Beta of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The beta for all China stocks is 100.0% lower than that of the firm.
CITIC Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CITIC Metal'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 CITIC Metal could also be used in its relative valuation, which is a method of valuing CITIC Metal by comparing valuation metrics of similar companies.CITIC Metal is currently under evaluation in beta category among its peers.
CITIC Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0203 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 49.27 B | ||||
| Shares Outstanding | 4.9 B | ||||
| Shares Owned By Insiders | 90.31 % | ||||
| Shares Owned By Institutions | 0.10 % | ||||
| Price To Book | 1.84 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 125.28 B | ||||
| Gross Profit | 1.39 B | ||||
| EBITDA | 1.5 B | ||||
| Book Value Per Share | 4.28 X | ||||
| Earnings Per Share | 0.45 X | ||||
| Market Capitalization | 39.2 B | ||||
| Annual Yield | 0.02 % | ||||
| Last Dividend Paid | 0.15 |
About CITIC Metal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CITIC Metal Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CITIC Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CITIC Metal Co 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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Other Information on Investing in CITIC Stock
CITIC Metal financial ratios help investors to determine whether CITIC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CITIC with respect to the benefits of owning CITIC Metal security.