Singapore Exchange Stock Beta

SPXCY Stock  USD 102.47  1.29  1.24%   
Singapore Exchange fundamentals help investors to digest information that contributes to Singapore Exchange's financial success or failures. It also enables traders to predict the movement of Singapore Pink Sheet. The fundamental analysis module provides a way to measure Singapore Exchange'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 Singapore Exchange pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Singapore Beta Analysis

Singapore Exchange'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 Singapore Exchange Beta

    
  0.23  
Most of Singapore Exchange'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, Singapore Exchange 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, Singapore Exchange has a Beta of 0.2333. This is 71.55% lower than that of the Financial Services sector and significantly higher than that of the Financial Data & Stock Exchanges industry. The beta for all United States stocks is notably lower than that of the firm.

Singapore Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Singapore Exchange'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 Singapore Exchange could also be used in its relative valuation, which is a method of valuing Singapore Exchange by comparing valuation metrics of similar companies.
Singapore Exchange is currently under evaluation in beta category among related companies.
As returns on the market increase, Singapore Exchange's returns are expected to increase less than the market. However, during the bear market, the loss of holding Singapore Exchange is expected to be smaller as well.

Singapore Fundamentals

About Singapore Exchange Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Singapore Exchange's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Singapore Exchange using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Singapore Exchange 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.
Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchange, and related clearing houses in Singapore. Singapore Exchange Limited was incorporated in 1999 and is headquartered in Singapore. Singapore Exchange operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. It employs 1064 people.

Currently Active Assets on Macroaxis

Check out Singapore Exchange Piotroski F Score and Singapore Exchange Altman Z Score analysis.
Note that the Singapore Exchange information on this page should be used as a complementary analysis to other Singapore Exchange'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Singapore Pink Sheet analysis

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