Danone Sa Stock Beta

GPDNF Stock  USD 64.82  0.17  0.26%   
Danone SA fundamentals help investors to digest information that contributes to Danone SA's financial success or failures. It also enables traders to predict the movement of Danone OTC Stock. The fundamental analysis module provides a way to measure Danone SA'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 Danone SA otc 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.

Danone Beta Analysis

Danone SA'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 Danone SA Beta

    
  0.49  
Most of Danone SA'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, Danone 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, Danone SA has a Beta of 0.4941. This is 59.83% lower than that of the Consumer Defensive sector and 55.49% lower than that of the Packaged Foods industry. The beta for all United States stocks is notably lower than that of the firm.

Danone Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Danone SA's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Danone SA could also be used in its relative valuation, which is a method of valuing Danone SA by comparing valuation metrics of similar companies.
Danone SA is currently under evaluation in beta category among related companies.
As returns on the market increase, Danone SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Danone SA is expected to be smaller as well.

Danone Fundamentals

About Danone SA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Danone SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danone SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danone SA based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Danone S.A. operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and the Middle East. Danone S.A. was incorporated in 1899 and is headquartered in Paris, France. Groupe Danone is traded on OTC Exchange in the United States.

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Check out Danone SA Piotroski F Score and Danone SA Altman Z Score analysis.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Danone OTC Stock analysis

When running Danone SA's price analysis, check to measure Danone SA'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 Danone SA is operating at the current time. Most of Danone SA's value examination focuses on studying past and present price action to predict the probability of Danone SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danone SA's price. Additionally, you may evaluate how the addition of Danone SA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Danone SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danone SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danone SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.