Mercurity Fintech Holding Stock Beta
| MFH Stock | USD 6.10 1.19 16.32% |
Mercurity Fintech Holding fundamentals help investors to digest information that contributes to Mercurity Fintech's financial success or failures. It also enables traders to predict the movement of Mercurity Stock. The fundamental analysis module provides a way to measure Mercurity Fintech'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 Mercurity Fintech stock.
Mercurity | Beta |
Mercurity Fintech Holding Company Beta Analysis
Mercurity Fintech'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 Mercurity Fintech Beta | 2.48 |
Most of Mercurity Fintech'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, Mercurity Fintech Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Mercurity Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Mercurity Fintech is extremely important. It helps to project a fair market value of Mercurity Stock properly, considering its historical fundamentals such as Beta. Since Mercurity Fintech'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 Mercurity Fintech'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 Mercurity Fintech's interrelated accounts and indicators.
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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, Mercurity Fintech Holding has a Beta of 2.4802. This is 202.46% higher than that of the Software sector and 5.99% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Mercurity Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mercurity Fintech'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 Mercurity Fintech could also be used in its relative valuation, which is a method of valuing Mercurity Fintech by comparing valuation metrics of similar companies.Mercurity Fintech is currently under evaluation in beta category among its peers.
Mercurity Fintech Current Valuation Drivers
We derive many important indicators used in calculating different scores of Mercurity Fintech from analyzing Mercurity Fintech's financial statements. These drivers represent accounts that assess Mercurity Fintech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Mercurity Fintech's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.4B | 8.2B | 30.8M | 16.1M | 18.5M | 17.6M | |
| Enterprise Value | 8.7B | 8.2B | 30.4M | 9.6M | 11.0M | 10.5M |
Mercurity Fintech 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, Mercurity Fintech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mercurity Fintech's managers, analysts, and investors.Environmental | Governance | Social |
Mercurity Fintech Institutional Holders
Institutional Holdings refers to the ownership stake in Mercurity Fintech that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Mercurity Fintech's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mercurity Fintech's value.| Shares | Oppenheimer & Co Inc | 2023-03-31 | 0.0 | Group One Trading, Lp | 2023-03-31 | 0.0 | Geode Capital Management, Llc | 2023-03-31 | 0.0 | Virtu Financial Llc | 2023-03-31 | 0.0 | Ubs Group Ag | 2023-03-31 | 0.0 | Citadel Advisors Llc | 2023-03-31 | 0.0 |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mercurity Fintech will likely underperform.
Mercurity Fundamentals
| Return On Equity | -0.54 | ||||
| Return On Asset | -0.21 | ||||
| Operating Margin | (31.75) % | ||||
| Current Valuation | 362.26 M | ||||
| Shares Outstanding | 60.83 M | ||||
| Shares Owned By Insiders | 76.10 % | ||||
| Shares Owned By Institutions | 0.35 % | ||||
| Number Of Shares Shorted | 829.74 K | ||||
| Price To Earning | (0.06) X | ||||
| Price To Book | 20.81 X | ||||
| Price To Sales | 832.11 X | ||||
| Revenue | 445.93 K | ||||
| Gross Profit | (32.51 K) | ||||
| EBITDA | (7.9 M) | ||||
| Net Income | (9.36 M) | ||||
| Cash And Equivalents | 440.64 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 9.63 M | ||||
| Debt To Equity | 0.13 % | ||||
| Current Ratio | 1.27 X | ||||
| Book Value Per Share | 0.29 X | ||||
| Cash Flow From Operations | (2.79 M) | ||||
| Short Ratio | 1.07 X | ||||
| Beta | 2.48 | ||||
| Market Capitalization | 371.06 M | ||||
| Total Asset | 30.4 M | ||||
| Retained Earnings | (676.68 M) | ||||
| Working Capital | 11.42 M | ||||
| Current Asset | 4.27 M | ||||
| Current Liabilities | 28.53 M | ||||
| Net Asset | 30.4 M |
About Mercurity Fintech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mercurity Fintech Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mercurity Fintech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mercurity Fintech Holding 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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When determining whether Mercurity Fintech Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercurity Fintech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mercurity Fintech Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercurity Fintech Holding Stock:Check out Mercurity Fintech Piotroski F Score and Mercurity Fintech Altman Z Score analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercurity Fintech. If investors know Mercurity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercurity Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.01 | Quarterly Revenue Growth 1.485 | Return On Assets (0.21) | Return On Equity (0.54) |
The market value of Mercurity Fintech Holding is measured differently than its book value, which is the value of Mercurity that is recorded on the company's balance sheet. Investors also form their own opinion of Mercurity Fintech's value that differs from its market value or its book value, called intrinsic value, which is Mercurity Fintech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercurity Fintech's market value can be influenced by many factors that don't directly affect Mercurity Fintech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mercurity Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercurity Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercurity Fintech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.