Issuer Direct Corp Stock Beta

ISDR Stock

USD 9.77 0.02 0.21%

Issuer Direct Corp fundamentals help investors to digest information that contributes to Issuer Direct's financial success or failures. It also enables traders to predict the movement of Issuer Stock. The fundamental analysis module provides a way to measure Issuer Direct'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 Issuer Direct stock.

Short Long Term Debt Total Total Assets

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Issuer Direct Corp Company Beta Analysis

Issuer Direct'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 Issuer Direct Beta

0.77

Most of Issuer Direct'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, Issuer Direct Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Issuer Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Issuer Direct is extremely important. It helps to project a fair market value of Issuer Stock properly, considering its historical fundamentals such as Beta. Since Issuer Direct'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 Issuer Direct'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 Issuer Direct's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Net Tangible Assets	Capital Surpluse	Current Deferred Revenue	Deferred Long Term Liab	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.42	0.93	0.86	0.87	0.97	0.92	0.45	0.62	0.9	-0.23	0.89	0.47	-0.51	0.9	0.98	-0.08	-0.72	0.54	0.94	-0.33	-0.65
Total Stockholder Equity	0.95		0.11	0.91	0.7	0.79	0.84	0.75	0.7	0.44	0.71	-0.29	0.9	0.61	-0.21	0.99	0.88	-0.12	-0.79	0.58	0.86	-0.03	-0.53
Net Debt	0.42	0.11		0.29	0.67	0.41	0.64	0.73	-0.61	0.62	0.77	0.09	0.19	-0.36	-0.99	0.01	0.53	0.03	0.03	-0.1	0.46	-0.91	-0.57
Retained Earnings	0.93	0.91	0.29		0.71	0.74	0.88	0.81	0.51	0.52	0.8	-0.54	0.85	0.57	-0.39	0.87	0.93	-0.02	-0.63	0.57	0.86	-0.22	-0.59
Accounts Payable	0.86	0.7	0.67	0.71		0.86	0.91	0.93	0.1	0.66	0.91	0.1	0.65	0.25	-0.72	0.61	0.88	-0.07	-0.42	0.37	0.82	-0.57	-0.67
Net Receivables	0.87	0.79	0.41	0.74	0.86		0.84	0.83	0.35	0.36	0.78	0.06	0.8	0.46	-0.51	0.73	0.87	0.09	-0.55	0.4	0.76	-0.19	-0.74
Good Will	0.97	0.84	0.64	0.88	0.91	0.84		0.98	0.21	0.69	0.98	-0.2	0.8	0.28	-0.71	0.77	0.98	-0.07	-0.59	0.42	0.93	-0.53	-0.72
Total Liab	0.92	0.75	0.73	0.81	0.93	0.83	0.98		0.1	0.74	0.99	-0.12	0.76	0.24	-0.79	0.67	0.96	-0.02	-0.54	0.41	0.9	-0.63	-0.71
Total Current Assets	0.45	0.7	-0.61	0.51	0.1	0.35	0.21	0.1		-0.02	0.02	-0.22	0.6	0.81	0.52	0.75	0.34	-0.12	-0.69	0.62	0.41	0.59	0.06
Short Term Debt	0.62	0.44	0.62	0.52	0.66	0.36	0.69	0.74	-0.02		0.73	-0.08	0.43	0.1	-0.59	0.36	0.65	-0.07	-0.35	0.52	0.71	-0.8	-0.13
Intangible Assets	0.9	0.71	0.77	0.8	0.91	0.78	0.98	0.99	0.02	0.73		-0.18	0.68	0.12	-0.83	0.64	0.93	0.0	-0.46	0.3	0.87	-0.67	-0.72
Common Stock	-0.23	-0.29	0.09	-0.54	0.1	0.06	-0.2	-0.12	-0.22	-0.08	-0.18		-0.2	-0.2	-0.01	-0.33	-0.25	-0.22	0.08	-0.12	-0.19	-0.02	0.09
Long Term Debt	0.89	0.9	0.19	0.85	0.65	0.8	0.8	0.76	0.6	0.43	0.68	-0.2		0.68	-0.26	0.86	0.87	-0.17	-0.78	0.64	0.83	-0.07	-0.54
Property Plant Equipment	0.47	0.61	-0.36	0.57	0.25	0.46	0.28	0.24	0.81	0.1	0.12	-0.2	0.68		0.3	0.59	0.45	-0.09	-0.59	0.7	0.46	0.37	-0.03
Net Tangible Assets	-0.51	-0.21	-0.99	-0.39	-0.72	-0.51	-0.71	-0.79	0.52	-0.59	-0.83	-0.01	-0.26	0.3		-0.12	-0.61	-0.07	0.03	0.08	-0.53	0.86	0.65
Capital Surpluse	0.9	0.99	0.01	0.87	0.61	0.73	0.77	0.67	0.75	0.36	0.64	-0.33	0.86	0.59	-0.12		0.82	-0.12	-0.78	0.52	0.81	0.06	-0.49
Current Deferred Revenue	0.98	0.88	0.53	0.93	0.88	0.87	0.98	0.96	0.34	0.65	0.93	-0.25	0.87	0.45	-0.61	0.82		-0.02	-0.64	0.53	0.93	-0.42	-0.69
Deferred Long Term Liab	-0.08	-0.12	0.03	-0.02	-0.07	0.09	-0.07	-0.02	-0.12	-0.07	0.0	-0.22	-0.17	-0.09	-0.07	-0.12	-0.02		0.13	-0.14	-0.14	-0.02	-0.01
Long Term Debt Total	-0.72	-0.79	0.03	-0.63	-0.42	-0.55	-0.59	-0.54	-0.69	-0.35	-0.46	0.08	-0.78	-0.59	0.03	-0.78	-0.64	0.13		-0.57	-0.77	-0.11	0.27
Short Long Term Debt	0.54	0.58	-0.1	0.57	0.37	0.4	0.42	0.41	0.62	0.52	0.3	-0.12	0.64	0.7	0.08	0.52	0.53	-0.14	-0.57		0.57	-0.02	0.03
Net Invested Capital	0.94	0.86	0.46	0.86	0.82	0.76	0.93	0.9	0.41	0.71	0.87	-0.19	0.83	0.46	-0.53	0.81	0.93	-0.14	-0.77	0.57		-0.41	-0.48
Net Working Capital	-0.33	-0.03	-0.91	-0.22	-0.57	-0.19	-0.53	-0.63	0.59	-0.8	-0.67	-0.02	-0.07	0.37	0.86	0.06	-0.42	-0.02	-0.11	-0.02	-0.41		0.25
Capital Stock	-0.65	-0.53	-0.57	-0.59	-0.67	-0.74	-0.72	-0.71	0.06	-0.13	-0.72	0.09	-0.54	-0.03	0.65	-0.49	-0.69	-0.01	0.27	0.03	-0.48	0.25

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

Predict Issuer Direct

In accordance with the recently published financial statements, Issuer Direct Corp has a Beta of 0.77. This is 27.36% lower 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.

Issuer Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Issuer Direct'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 Issuer Direct could also be used in its relative valuation, which is a method of valuing Issuer Direct by comparing valuation metrics of similar companies.

Issuer Direct is currently under evaluation in beta category among its peers.

Issuer Direct 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, Issuer Direct's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Issuer Direct's managers, analysts, and investors.

Environmental

Governance

Social

As returns on the market increase, Issuer Direct's returns are expected to increase less than the market. However, during the bear market, the loss of holding Issuer Direct is expected to be smaller as well.

Issuer Fundamentals

	Return On Equity	-0.0373
	Return On Asset	0.0059
	Profit Margin	(0.05) %
	Operating Margin	0.03 %
	Current Valuation	50.64 M
	Shares Outstanding	3.83 M
	Shares Owned By Insiders	21.53 %
	Shares Owned By Institutions	42.80 %
	Number Of Shares Shorted	5.7 K
	Price To Earning	49.11 X
	Price To Book	1.06 X
	Price To Sales	1.28 X
	Revenue	33.38 M
	Gross Profit	17.83 M
	EBITDA	6.32 M
	Net Income	766 K
	Cash And Equivalents	21.46 M
	Cash Per Share	5.94 X
	Total Debt	20.92 M
	Debt To Equity	0.06 %
	Current Ratio	4.31 X
	Book Value Per Share	9.20 X
	Cash Flow From Operations	3.06 M
	Short Ratio	0.60 X
	Earnings Per Share	(0.35) X
	Target Price	13.0
	Number Of Employees	136
	Beta	0.77
	Market Capitalization	37.38 M
	Total Asset	65.15 M
	Retained Earnings	11.93 M
	Working Capital	(1.15 M)
	Current Asset	5.72 M
	Current Liabilities	2.4 M
	Net Asset	65.15 M

About Issuer Direct Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Issuer Direct Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Issuer Direct using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Issuer Direct 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.

Pair Trading with Issuer Direct

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 Issuer Direct 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 Issuer Direct will appreciate offsetting losses from the drop in the long position's value.

Moving against Issuer Stock

0.49	EB	Eventbrite Class A	Pair Corr
0.49	DOMO	Domo Inc Earnings Call This Week	Pair Corr
0.39	AI	C3 Ai Inc Trending	Pair Corr
0.36	WK	Workiva	Pair Corr
0.35	AZ	A2Z Smart Technologies	Pair Corr

The ability to find closely correlated positions to Issuer Direct could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Issuer Direct 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 Issuer Direct - 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 Issuer Direct Corp to buy it.

The correlation of Issuer Direct 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 Issuer Direct moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Issuer Direct Corp 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 Issuer Direct 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.

Pair Correlation Correlation Matching

Additional Tools for Issuer Stock Analysis

When running Issuer Direct's price analysis, check to measure Issuer Direct'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 Issuer Direct is operating at the current time. Most of Issuer Direct's value examination focuses on studying past and present price action to predict the probability of Issuer Direct's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Issuer Direct's price. Additionally, you may evaluate how the addition of Issuer Direct to your portfolios can decrease your overall portfolio volatility.

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