Zaplox Ab Stock Beta

ZAPLOX Stock  SEK 1.00  0.01  0.99%   
Zaplox AB fundamentals help investors to digest information that contributes to Zaplox AB's financial success or failures. It also enables traders to predict the movement of Zaplox Stock. The fundamental analysis module provides a way to measure Zaplox AB'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 Zaplox AB 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.

Zaplox AB Company Beta Analysis

Zaplox AB'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 Zaplox AB Beta

    
  1.15  
Most of Zaplox AB'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, Zaplox AB 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, Zaplox AB has a Beta of 1.1468. This is 8.19% higher than that of the Technology sector and 51.2% lower than that of the Software - Application industry. The beta for all Sweden stocks is notably lower than that of the firm.

Zaplox Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zaplox AB'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 Zaplox AB could also be used in its relative valuation, which is a method of valuing Zaplox AB by comparing valuation metrics of similar companies.
Zaplox AB is currently under evaluation in beta category among its peers.
Zaplox AB returns are very sensitive to returns on the market. As the market goes up or down, Zaplox AB is expected to follow.

Zaplox Fundamentals

About Zaplox AB Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Zaplox Stock

Zaplox AB financial ratios help investors to determine whether Zaplox 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 Zaplox with respect to the benefits of owning Zaplox AB security.