Makara Mining Corp Stock Beta
| MAKAF Stock | USD 0.05 0.04 44.44% |
Makara Mining Corp fundamentals help investors to digest information that contributes to Makara Mining's financial success or failures. It also enables traders to predict the movement of Makara Pink Sheet. The fundamental analysis module provides a way to measure Makara Mining'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 Makara Mining pink sheet.
Makara |
Makara Mining Corp Company Beta Analysis
Makara Mining'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 Makara Mining Beta | -0.25 |
Most of Makara Mining'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, Makara Mining Corp 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, Makara Mining Corp has a Beta of -0.2528. This is 129.06% lower than that of the Basic Materials sector and 193.63% lower than that of the Gold industry. The beta for all United States stocks is 68.53% higher than that of the company.
Makara Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Makara Mining's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Makara Mining could also be used in its relative valuation, which is a method of valuing Makara Mining by comparing valuation metrics of similar companies.Makara Mining is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Makara Mining are expected to decrease at a much lower rate. During the bear market, Makara Mining is likely to outperform the market.
Makara Fundamentals
| Return On Equity | -2.65 | |||
| Return On Asset | -0.86 | |||
| Current Valuation | 551.2 K | |||
| Shares Outstanding | 49.19 M | |||
| Shares Owned By Insiders | 6.87 % | |||
| Price To Book | 1.61 X | |||
| EBITDA | (1.72 M) | |||
| Net Income | (1.96 M) | |||
| Cash And Equivalents | 6.83 K | |||
| Total Debt | 1.48 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 0.51 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (359.68 K) | |||
| Earnings Per Share | (0.03) X | |||
| Beta | -0.25 | |||
| Market Capitalization | 736.39 K | |||
| Total Asset | 790.7 K | |||
| Net Asset | 790.7 K |
About Makara Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Makara Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Makara Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Makara Mining Corp 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 Makara Pink Sheet
Makara Mining financial ratios help investors to determine whether Makara Pink Sheet 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 Makara with respect to the benefits of owning Makara Mining security.