Newtek Business Services Stock Beta
| NEWTZ Stock | USD 24.70 0.04 0.16% |
Newtek Business Services fundamentals help investors to digest information that contributes to Newtek Business' financial success or failures. It also enables traders to predict the movement of Newtek Stock. The fundamental analysis module provides a way to measure Newtek Business' 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 Newtek Business stock.
Newtek | Beta |
Newtek Business Services Company Beta Analysis
Newtek Business' 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 Newtek Business Beta | 1.16 |
Most of Newtek Business' 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, Newtek Business Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Newtek Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Newtek Business is extremely important. It helps to project a fair market value of Newtek Stock properly, considering its historical fundamentals such as Beta. Since Newtek Business' 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 Newtek Business' 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 Newtek Business' 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, Newtek Business Services has a Beta of 1.16. This is much higher than that of the Other sector and significantly higher than that of the Trading industry. The beta for all United States stocks is notably lower than that of the firm.
Newtek Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newtek Business' 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 Newtek Business could also be used in its relative valuation, which is a method of valuing Newtek Business by comparing valuation metrics of similar companies.Newtek Business is currently under evaluation in beta category among its peers.
Newtek Business 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, Newtek Business' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Newtek Business' managers, analysts, and investors.Environmental | Governance | Social |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Newtek Business will likely underperform.
Newtek Fundamentals
| Number Of Shares Shorted | 4.4 K | ||||
| Price To Earning | 11.20 X | ||||
| Revenue | 253.14 M | ||||
| EBITDA | 125.7 M | ||||
| Net Income | 47.33 M | ||||
| Cash And Equivalents | 2.62 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 644.12 M | ||||
| Debt To Equity | 89.80 % | ||||
| Current Ratio | 2.30 X | ||||
| Book Value Per Share | 15.05 X | ||||
| Cash Flow From Operations | (88.6 M) | ||||
| Number Of Employees | 162 | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 450.62 M | ||||
| Total Asset | 1.44 B | ||||
| Retained Earnings | 28.05 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 1.44 B |
About Newtek Business Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Newtek Business Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newtek Business using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newtek Business Services 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Newtek Stock Analysis
When running Newtek Business' price analysis, check to measure Newtek Business' 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 Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.