Jetblack Corp Stock Beta
| JTBK Stock | USD 0 0.0005 10.87% |
Jetblack Corp fundamentals help investors to digest information that contributes to Jetblack Corp's financial success or failures. It also enables traders to predict the movement of Jetblack Pink Sheet. The fundamental analysis module provides a way to measure Jetblack Corp'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 Jetblack Corp pink sheet.
Jetblack |
Jetblack Corp Company Beta Analysis
Jetblack Corp'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 Jetblack Corp Beta | 8.2 |
Most of Jetblack Corp'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, Jetblack Corp 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, Jetblack Corp has a Beta of 8.2012. This is much higher than that of the Financial Services sector and 250.48% higher than that of the Capital Markets industry. The beta for all United States stocks is notably lower than that of the firm.
Jetblack Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jetblack Corp'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 Jetblack Corp could also be used in its relative valuation, which is a method of valuing Jetblack Corp by comparing valuation metrics of similar companies.Jetblack Corp is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jetblack Corp will likely underperform.
Jetblack Fundamentals
| Current Valuation | 6.15 M | |||
| Shares Outstanding | 615.42 M | |||
| Price To Book | 1,081 X | |||
| EBITDA | (179.99 K) | |||
| Net Income | (320.42 K) | |||
| Cash And Equivalents | 3.57 K | |||
| Debt To Equity | 0.68 % | |||
| Current Ratio | 0.29 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (129.07 K) | |||
| Beta | 8.2 | |||
| Market Capitalization | 6.15 M | |||
| Total Asset | 192 K | |||
| Retained Earnings | (256 K) | |||
| Working Capital | (53 K) | |||
| Current Liabilities | 53 K | |||
| Z Score | -1.4 | |||
| Net Asset | 192 K |
About Jetblack Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jetblack Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jetblack Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jetblack Corp 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Jetblack Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Jetblack Corp's short interest history, or implied volatility extrapolated from Jetblack Corp options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jetblack Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Jetblack Corp information on this page should be used as a complementary analysis to other Jetblack Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Jetblack Pink Sheet analysis
When running Jetblack Corp's price analysis, check to measure Jetblack Corp'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 Jetblack Corp is operating at the current time. Most of Jetblack Corp's value examination focuses on studying past and present price action to predict the probability of Jetblack Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jetblack Corp's price. Additionally, you may evaluate how the addition of Jetblack Corp to your portfolios can decrease your overall portfolio volatility.
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