Piscines Desjoyaux Sa Stock Beta
| ALPDX Stock | EUR 13.65 0.10 0.74% |
Piscines Desjoyaux SA fundamentals help investors to digest information that contributes to Piscines Desjoyaux's financial success or failures. It also enables traders to predict the movement of Piscines Stock. The fundamental analysis module provides a way to measure Piscines Desjoyaux'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 Piscines Desjoyaux stock.
Piscines |
Piscines Desjoyaux SA Company Beta Analysis
Piscines Desjoyaux'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 Piscines Desjoyaux Beta | 1.03 |
Most of Piscines Desjoyaux'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, Piscines Desjoyaux SA 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, Piscines Desjoyaux SA has a Beta of 1.0291. This is 22.51% higher than that of the Leisure Products sector and 9.48% higher than that of the Consumer Discretionary industry. The beta for all France stocks is notably lower than that of the firm.
Piscines Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Piscines Desjoyaux'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 Piscines Desjoyaux could also be used in its relative valuation, which is a method of valuing Piscines Desjoyaux by comparing valuation metrics of similar companies.Piscines Desjoyaux is currently under evaluation in beta category among related companies.
Piscines Desjoyaux returns are very sensitive to returns on the market. As the market goes up or down, Piscines Desjoyaux is expected to follow.
Piscines Fundamentals
| Return On Equity | 0.2 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 118.27 M | |||
| Shares Outstanding | 8.98 M | |||
| Shares Owned By Institutions | 10.82 % | |||
| Price To Earning | 19.45 X | |||
| Price To Book | 1.56 X | |||
| Price To Sales | 0.91 X | |||
| Revenue | 160.54 M | |||
| Gross Profit | 81.5 M | |||
| EBITDA | 34.96 M | |||
| Net Income | 21.27 M | |||
| Cash And Equivalents | 15 M | |||
| Cash Per Share | 2.18 X | |||
| Total Debt | 28.07 M | |||
| Debt To Equity | 27.50 % | |||
| Current Ratio | 2.16 X | |||
| Book Value Per Share | 12.25 X | |||
| Cash Flow From Operations | 15.02 M | |||
| Earnings Per Share | 2.37 X | |||
| Number Of Employees | 290 | |||
| Beta | 1.03 | |||
| Market Capitalization | 142.01 M | |||
| Total Asset | 176.9 M | |||
| Z Score | 3.0 | |||
| Annual Yield | 0.06 % | |||
| Five Year Return | 5.60 % | |||
| Net Asset | 176.9 M | |||
| Last Dividend Paid | 1.0 |
About Piscines Desjoyaux Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Piscines Desjoyaux SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Piscines Desjoyaux using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Piscines Desjoyaux SA 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.
Pair Trading with Piscines Desjoyaux
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Piscines Desjoyaux position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Piscines Desjoyaux will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Piscines Desjoyaux could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Piscines Desjoyaux when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Piscines Desjoyaux - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Piscines Desjoyaux SA to buy it.
The correlation of Piscines Desjoyaux is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Piscines Desjoyaux moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Piscines Desjoyaux moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Piscines Desjoyaux can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Piscines Desjoyaux SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Piscines Stock analysis
When running Piscines Desjoyaux's price analysis, check to measure Piscines Desjoyaux'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 Piscines Desjoyaux is operating at the current time. Most of Piscines Desjoyaux's value examination focuses on studying past and present price action to predict the probability of Piscines Desjoyaux's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piscines Desjoyaux's price. Additionally, you may evaluate how the addition of Piscines Desjoyaux to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |