Airship Ai Holdings Stock Beta
| AISP Stock | 4.37 0.15 3.55% |
Airship AI Holdings fundamentals help investors to digest information that contributes to Airship AI's financial success or failures. It also enables traders to predict the movement of Airship Stock. The fundamental analysis module provides a way to measure Airship AI'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 Airship AI stock.
Airship |
Airship AI Holdings Company Beta Analysis
Airship AI'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 Airship AI Beta | 0.15 |
Most of Airship AI'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, Airship AI Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Airship Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Airship AI is extremely important. It helps to project a fair market value of Airship Stock properly, considering its historical fundamentals such as Beta. Since Airship AI'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 Airship AI'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 Airship AI's 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.
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In accordance with the recently published financial statements, Airship AI Holdings has a Beta of 0.153. This is 85.57% lower than that of the Software sector and 93.49% lower than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Airship Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Airship AI'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 Airship AI could also be used in its relative valuation, which is a method of valuing Airship AI by comparing valuation metrics of similar companies.Airship AI is currently under evaluation in beta category among its peers.
Airship AI ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Airship AI's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Airship AI's managers, analysts, and investors.Environmental | Governance | Social |
As returns on the market increase, Airship AI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Airship AI is expected to be smaller as well.
Airship Fundamentals
| Return On Asset | -0.29 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 115.5 M | ||||
| Shares Outstanding | 27.28 M | ||||
| Shares Owned By Insiders | 47.09 % | ||||
| Shares Owned By Institutions | 13.51 % | ||||
| Number Of Shares Shorted | 1.73 M | ||||
| Price To Sales | 5.06 X | ||||
| Revenue | 12.3 M | ||||
| EBITDA | 17.04 M | ||||
| Net Income | 16.37 M | ||||
| Total Debt | 3.94 M | ||||
| Book Value Per Share | (0.73) X | ||||
| Cash Flow From Operations | (3.29 M) | ||||
| Short Ratio | 1.32 X | ||||
| Earnings Per Share | 0.58 X | ||||
| Target Price | 8.5 | ||||
| Number Of Employees | 51 | ||||
| Beta | 0.15 | ||||
| Market Capitalization | 119.23 M | ||||
| Total Asset | 6.98 M | ||||
| Retained Earnings | (16.58 M) | ||||
| Working Capital | (4.04 M) | ||||
| Net Asset | 6.98 M |
About Airship AI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Airship AI Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Airship AI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Airship AI Holdings 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 Airship AI
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 Airship AI 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 Airship AI will appreciate offsetting losses from the drop in the long position's value.Moving together with Airship Stock
Moving against Airship Stock
| 0.73 | VRNS | Varonis Systems | PairCorr |
| 0.72 | MQ | Marqeta | PairCorr |
| 0.72 | VERI | Veritone | PairCorr |
| 0.64 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.61 | DOCN | DigitalOcean Holdings | PairCorr |
The ability to find closely correlated positions to Airship AI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airship AI 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 Airship AI - 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 Airship AI Holdings to buy it.
The correlation of Airship AI 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 Airship AI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airship AI Holdings 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 Airship AI 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.Additional Tools for Airship Stock Analysis
When running Airship AI's price analysis, check to measure Airship AI'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 Airship AI is operating at the current time. Most of Airship AI's value examination focuses on studying past and present price action to predict the probability of Airship AI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airship AI's price. Additionally, you may evaluate how the addition of Airship AI to your portfolios can decrease your overall portfolio volatility.