Polychem Indonesia Tbk Stock Beta

ADMG Stock  IDR 114.00  1.00  0.87%   
Polychem Indonesia Tbk fundamentals help investors to digest information that contributes to Polychem Indonesia's financial success or failures. It also enables traders to predict the movement of Polychem Stock. The fundamental analysis module provides a way to measure Polychem Indonesia'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 Polychem Indonesia stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Polychem Indonesia Tbk Company Beta Analysis

Polychem Indonesia'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.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Polychem Indonesia Beta

    
  0.75  
Most of Polychem Indonesia'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, Polychem Indonesia Tbk 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.
Competition

In accordance with the recently published financial statements, Polychem Indonesia Tbk has a Beta of 0.748. This is 14.02% lower than that of the Chemicals sector and 32.0% lower than that of the Materials industry. The beta for all Indonesia stocks is notably lower than that of the firm.

Polychem Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Polychem Indonesia'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 Polychem Indonesia could also be used in its relative valuation, which is a method of valuing Polychem Indonesia by comparing valuation metrics of similar companies.
Polychem Indonesia is currently under evaluation in beta category among its peers.
As returns on the market increase, Polychem Indonesia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polychem Indonesia is expected to be smaller as well.

Polychem Fundamentals

About Polychem Indonesia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Polychem Indonesia Tbk's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Polychem Indonesia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Polychem Indonesia Tbk 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 Polychem Stock

Polychem Indonesia financial ratios help investors to determine whether Polychem 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 Polychem with respect to the benefits of owning Polychem Indonesia security.