Mas Gold Corp Stock Beta
| MAS Stock | CAD 0.02 0.01 100.00% |
MAS Gold Corp fundamentals help investors to digest information that contributes to MAS Gold's financial success or failures. It also enables traders to predict the movement of MAS Stock. The fundamental analysis module provides a way to measure MAS Gold'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 MAS Gold stock.
MAS | Beta |
MAS Gold Corp Company Beta Analysis
MAS Gold'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 MAS Gold Beta | -0.53 |
Most of MAS Gold'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, MAS Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MAS Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for MAS Gold is extremely important. It helps to project a fair market value of MAS Stock properly, considering its historical fundamentals such as Beta. Since MAS Gold'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 MAS Gold'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 MAS Gold'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.
| Competition |
In accordance with the recently published financial statements, MAS Gold Corp has a Beta of -0.529. This is 160.8% lower than that of the Metals & Mining sector and 295.93% lower than that of the Materials industry. The beta for all Canada stocks is notably higher than that of the company.
MAS Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MAS Gold'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 MAS Gold could also be used in its relative valuation, which is a method of valuing MAS Gold by comparing valuation metrics of similar companies.MAS Gold is currently under evaluation in beta category among its peers.
MAS Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of MAS Gold from analyzing MAS Gold's financial statements. These drivers represent accounts that assess MAS Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MAS Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 5.8M | 14.6M | 14.8M | 3.2M | 2.9M | 2.1M | |
| Enterprise Value | 5.8M | 13.8M | 14.6M | 2.5M | 2.2M | 2.0M |
As returns on the market increase, returns on owning MAS Gold are expected to decrease at a much lower rate. During the bear market, MAS Gold is likely to outperform the market.
MAS Fundamentals
| Return On Equity | -0.37 | ||||
| Return On Asset | -0.16 | ||||
| Current Valuation | 3.87 M | ||||
| Shares Outstanding | 384.22 M | ||||
| Shares Owned By Insiders | 41.33 % | ||||
| Number Of Shares Shorted | 666 | ||||
| Price To Earning | (50.00) X | ||||
| Price To Book | 1.25 X | ||||
| Gross Profit | (2.4 K) | ||||
| EBITDA | (1.33 M) | ||||
| Net Income | (2.01 M) | ||||
| Cash And Equivalents | 259.64 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 150 K | ||||
| Debt To Equity | 9.70 % | ||||
| Current Ratio | 0.47 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (1.31 M) | ||||
| Short Ratio | 0.01 X | ||||
| Beta | -0.53 | ||||
| Market Capitalization | 5.76 M | ||||
| Total Asset | 4.37 M | ||||
| Retained Earnings | (32.46 M) | ||||
| Working Capital | (96.79 K) | ||||
| Net Asset | 4.37 M |
About MAS Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MAS Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MAS Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MAS Gold 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for MAS Stock Analysis
When running MAS Gold's price analysis, check to measure MAS Gold'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 MAS Gold is operating at the current time. Most of MAS Gold's value examination focuses on studying past and present price action to predict the probability of MAS Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAS Gold's price. Additionally, you may evaluate how the addition of MAS Gold to your portfolios can decrease your overall portfolio volatility.