Sporttotal Ag Stock Beta

WIG1 Stock  EUR 0.41  0.02  4.65%   
Sporttotal AG fundamentals help investors to digest information that contributes to Sporttotal's financial success or failures. It also enables traders to predict the movement of Sporttotal Stock. The fundamental analysis module provides a way to measure Sporttotal'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 Sporttotal stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sporttotal AG Company Beta Analysis

Sporttotal'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.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Sporttotal Beta

    
  0.0157  
Most of Sporttotal'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, Sporttotal AG 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, Sporttotal AG has a Beta of 0.0157. This is 98.77% lower than that of the sector and 98.45% lower than that of the Beta industry. The beta for all Germany stocks is 110.47% lower than that of the firm.

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As returns on the market increase, Sporttotal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sporttotal is expected to be smaller as well.

Sporttotal Fundamentals

About Sporttotal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sporttotal AG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sporttotal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sporttotal AG 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Sporttotal Stock

Sporttotal financial ratios help investors to determine whether Sporttotal Stock 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 Sporttotal with respect to the benefits of owning Sporttotal security.