Zinc8 Energy Solutions Stock Beta
| ZAIRF Stock | USD 0.03 0 8.57% |
Zinc8 Energy Solutions fundamentals help investors to digest information that contributes to Zinc8 Energy's financial success or failures. It also enables traders to predict the movement of Zinc8 Pink Sheet. The fundamental analysis module provides a way to measure Zinc8 Energy'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 Zinc8 Energy pink sheet.
Zinc8 |
Zinc8 Energy Solutions Company Beta Analysis
Zinc8 Energy'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 Zinc8 Energy Beta | 1.09 |
Most of Zinc8 Energy'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, Zinc8 Energy Solutions 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, Zinc8 Energy Solutions has a Beta of 1.091. This is 20.36% lower than that of the Industrials sector and significantly higher than that of the Electrical Equipment & Parts industry. The beta for all United States stocks is notably lower than that of the firm.
Zinc8 Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zinc8 Energy's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Zinc8 Energy could also be used in its relative valuation, which is a method of valuing Zinc8 Energy by comparing valuation metrics of similar companies.Zinc8 Energy is rated below average in beta category among its peers.
Zinc8 Energy returns are very sensitive to returns on the market. As the market goes up or down, Zinc8 Energy is expected to follow.
Zinc8 Fundamentals
| Return On Equity | -1.33 | |||
| Return On Asset | -0.48 | |||
| Operating Margin | 116.53 % | |||
| Current Valuation | 20.29 M | |||
| Shares Outstanding | 162.58 M | |||
| Shares Owned By Insiders | 4.58 % | |||
| Shares Owned By Institutions | 0.56 % | |||
| Price To Book | 5.73 X | |||
| EBITDA | (11.21 M) | |||
| Net Income | (16.27 M) | |||
| Cash And Equivalents | 5.55 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 1.24 M | |||
| Debt To Equity | 0.19 % | |||
| Current Ratio | 4.16 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (7.6 M) | |||
| Earnings Per Share | (0.09) X | |||
| Beta | 1.09 | |||
| Market Capitalization | 22.22 M | |||
| Total Asset | 12.89 M | |||
| Z Score | 10.2 | |||
| Net Asset | 12.89 M |
About Zinc8 Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zinc8 Energy Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zinc8 Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zinc8 Energy Solutions 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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Other Information on Investing in Zinc8 Pink Sheet
Zinc8 Energy financial ratios help investors to determine whether Zinc8 Pink Sheet 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 Zinc8 with respect to the benefits of owning Zinc8 Energy security.