Credit Clear Stock Beta
| CCR Stock | 0.35 0.01 2.78% |
Credit Clear fundamentals help investors to digest information that contributes to Credit Clear's financial success or failures. It also enables traders to predict the movement of Credit Stock. The fundamental analysis module provides a way to measure Credit Clear'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 Credit Clear stock.
Credit | Beta |
Credit Clear Company Beta Analysis
Credit Clear'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 Credit Clear Beta | -0.13 |
Most of Credit Clear'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, Credit Clear 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, Credit Clear has a Beta of -0.13. This is 112.26% lower than that of the IT Services sector and 110.57% lower than that of the Information Technology industry. The beta for all Australia stocks is 13.33% lower than that of the firm.
Credit Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Credit Clear'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 Credit Clear could also be used in its relative valuation, which is a method of valuing Credit Clear by comparing valuation metrics of similar companies.Credit Clear is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Credit Clear are expected to decrease at a much lower rate. During the bear market, Credit Clear is likely to outperform the market.
Credit Fundamentals
| Return On Equity | -0.0746 | ||||
| Return On Asset | -0.038 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | (0.11) % | ||||
| Current Valuation | 131.59 M | ||||
| Shares Outstanding | 420.53 M | ||||
| Shares Owned By Insiders | 30.29 % | ||||
| Shares Owned By Institutions | 21.47 % | ||||
| Price To Book | 2.47 X | ||||
| Price To Sales | 3.50 X | ||||
| Revenue | 42 M | ||||
| Gross Profit | 13.48 M | ||||
| EBITDA | 2.08 M | ||||
| Net Income | (4.5 M) | ||||
| Total Debt | 4.27 M | ||||
| Book Value Per Share | 0.14 X | ||||
| Cash Flow From Operations | 3.69 M | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 0.42 | ||||
| Beta | -0.13 | ||||
| Market Capitalization | 148.02 M | ||||
| Total Asset | 78.08 M | ||||
| Retained Earnings | (47.21 M) | ||||
| Working Capital | 10.43 M | ||||
| Net Asset | 78.08 M |
About Credit Clear Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Credit Clear's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Credit Clear using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Credit Clear 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Credit Stock Analysis
When running Credit Clear's price analysis, check to measure Credit Clear'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 Credit Clear is operating at the current time. Most of Credit Clear's value examination focuses on studying past and present price action to predict the probability of Credit Clear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credit Clear's price. Additionally, you may evaluate how the addition of Credit Clear to your portfolios can decrease your overall portfolio volatility.