Smx Public Limited Stock Beta
| SMXWW Stock | 0.01 0 45.00% |
SMX Public Limited fundamentals help investors to digest information that contributes to SMX Public's financial success or failures. It also enables traders to predict the movement of SMX Stock. The fundamental analysis module provides a way to measure SMX Public'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 SMX Public stock.
SMX | Beta |
SMX Public Limited Company Beta Analysis
SMX Public'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 SMX Public Beta | -1.93 |
Most of SMX Public'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, SMX Public Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SMX Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for SMX Public is extremely important. It helps to project a fair market value of SMX Stock properly, considering its historical fundamentals such as Beta. Since SMX Public'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 SMX Public'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 SMX Public'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, SMX Public Limited has a Beta of -1.931. This is 240.95% lower than that of the Commercial Services & Supplies sector and significantly lower than that of the Industrials industry. The beta for all United States stocks is notably higher than that of the company.
SMX Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SMX Public'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 SMX Public could also be used in its relative valuation, which is a method of valuing SMX Public by comparing valuation metrics of similar companies.SMX Public is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning SMX Public are expected to decrease by larger amounts. On the other hand, during market turmoil, SMX Public is expected to outperform it.
SMX Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | -0.3 | ||||
| Number Of Shares Shorted | 21.36 K | ||||
| EBITDA | (14.27 M) | ||||
| Net Income | (20.91 M) | ||||
| Total Debt | 3.14 M | ||||
| Book Value Per Share | 15.99 X | ||||
| Cash Flow From Operations | (12.48 M) | ||||
| Number Of Employees | 17 | ||||
| Beta | -1.93 | ||||
| Total Asset | 51.16 M | ||||
| Retained Earnings | (50.93 M) | ||||
| Working Capital | (17.22 M) | ||||
| Net Asset | 51.16 M |
About SMX Public Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SMX Public Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SMX Public using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SMX Public Limited 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 SMX Stock Analysis
When running SMX Public's price analysis, check to measure SMX Public'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 SMX Public is operating at the current time. Most of SMX Public's value examination focuses on studying past and present price action to predict the probability of SMX Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SMX Public's price. Additionally, you may evaluate how the addition of SMX Public to your portfolios can decrease your overall portfolio volatility.