Cermetek Microelectronics Stock Beta
| CRMK Stock | USD 0.02 0.00 0.00% |
Cermetek Microelectronics' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Cermetek Pink Sheet price.
Cermetek |
Cermetek Microelectronics Company Beta Analysis
Cermetek Microelectronics' 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 Cermetek Microelectronics Beta | 2.63 |
Most of Cermetek Microelectronics' 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, Cermetek Microelectronics 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, Cermetek Microelectronics has a Beta of 2.63. This is 148.11% higher than that of the Technology sector and 16.77% lower than that of the Communication Equipment industry. The beta for all United States stocks is notably lower than that of the firm.
Cermetek Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cermetek Microelectronics' 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 Cermetek Microelectronics could also be used in its relative valuation, which is a method of valuing Cermetek Microelectronics by comparing valuation metrics of similar companies.Cermetek Microelectronics is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cermetek Microelectronics will likely underperform.
Cermetek Fundamentals
| Shares Outstanding | 3.58 M | |||
| Beta | 2.63 | |||
| Market Capitalization | 60.84 K |
About Cermetek Microelectronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cermetek Microelectronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cermetek Microelectronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cermetek Microelectronics 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.
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Cermetek Microelectronics financial ratios help investors to determine whether Cermetek Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cermetek with respect to the benefits of owning Cermetek Microelectronics security.