Beamr Imaging Ltd Stock Beta
| BMR Stock | USD 3.07 0.05 1.66% |
Fundamental analysis of Beamr Imaging allows traders to better anticipate movements in Beamr Imaging's stock price by examining its financial health and performance throughout various phases of its business cycle.
Beamr | Beta | Build AI portfolio with Beamr Stock |
Beamr Imaging Ltd Company Beta Analysis
Beamr Imaging'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 Beamr Imaging Beta | 3.69 |
Most of Beamr Imaging'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, Beamr Imaging Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Beamr Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Beamr Imaging is extremely important. It helps to project a fair market value of Beamr Stock properly, considering its historical fundamentals such as Beta. Since Beamr Imaging's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Beamr Imaging's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Beamr Imaging's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Beamr Imaging Ltd has a Beta of 3.69. This is 248.11% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Beamr Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Beamr Imaging'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 Beamr Imaging could also be used in its relative valuation, which is a method of valuing Beamr Imaging by comparing valuation metrics of similar companies.Beamr Imaging is currently under evaluation in beta category among its peers.
Beamr Imaging ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Beamr Imaging's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Beamr Imaging's managers, analysts, and investors.Environmental | Governance | Social |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Beamr Imaging will likely underperform.
Beamr Fundamentals
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (1.09) % | ||||
| Operating Margin | (0.81) % | ||||
| Current Valuation | 30.4 M | ||||
| Shares Outstanding | 15.52 M | ||||
| Shares Owned By Insiders | 29.76 % | ||||
| Shares Owned By Institutions | 1.87 % | ||||
| Number Of Shares Shorted | 336.25 K | ||||
| Price To Earning | 23.19 X | ||||
| Price To Book | 2.21 X | ||||
| Price To Sales | 15.37 X | ||||
| Revenue | 3.06 M | ||||
| Gross Profit | 2.82 M | ||||
| EBITDA | (3.02 M) | ||||
| Net Income | (3.35 M) | ||||
| Cash And Equivalents | 46.66 M | ||||
| Cash Per Share | 0.24 X | ||||
| Total Debt | 250 K | ||||
| Debt To Equity | 0.98 % | ||||
| Current Ratio | 0.36 X | ||||
| Book Value Per Share | 1.36 X | ||||
| Cash Flow From Operations | (1.89 M) | ||||
| Short Ratio | 2.45 X | ||||
| Earnings Per Share | (0.22) X | ||||
| Target Price | 8.0 | ||||
| Number Of Employees | 38 | ||||
| Beta | 3.69 | ||||
| Market Capitalization | 47.1 M | ||||
| Total Asset | 22.09 M | ||||
| Retained Earnings | (35.02 M) | ||||
| Working Capital | 16.22 M | ||||
| Net Asset | 22.09 M |
About Beamr Imaging Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Beamr Imaging Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beamr Imaging using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beamr Imaging Ltd 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 Beamr Imaging
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 Beamr Imaging 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 Beamr Imaging will appreciate offsetting losses from the drop in the long position's value.Moving together with Beamr Stock
| 0.61 | U | Unity Software Earnings Call This Week | PairCorr |
| 0.65 | BL | Blackline Earnings Call Tomorrow | PairCorr |
Moving against Beamr Stock
| 0.59 | VMEO | Vimeo Inc | PairCorr |
| 0.52 | DSGX | Descartes Systems | PairCorr |
| 0.46 | DOCU | DocuSign | PairCorr |
| 0.45 | VERX | Vertex Earnings Call This Week | PairCorr |
| 0.43 | ZM | Zoom Video Communications | PairCorr |
The ability to find closely correlated positions to Beamr Imaging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beamr Imaging 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 Beamr Imaging - 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 Beamr Imaging Ltd to buy it.
The correlation of Beamr Imaging 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 Beamr Imaging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beamr Imaging 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 Beamr Imaging 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.Additional Tools for Beamr Stock Analysis
When running Beamr Imaging's price analysis, check to measure Beamr Imaging'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 Beamr Imaging is operating at the current time. Most of Beamr Imaging's value examination focuses on studying past and present price action to predict the probability of Beamr Imaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beamr Imaging's price. Additionally, you may evaluate how the addition of Beamr Imaging to your portfolios can decrease your overall portfolio volatility.