Research Frontiers Incorporated Stock Beta
| REFR Stock | USD 1.58 0.02 1.25% |
Fundamental analysis of Research Frontiers allows traders to better anticipate movements in Research Frontiers' stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Research Frontiers Incorporated Company Beta Analysis
Research Frontiers' 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 Research Frontiers Beta | 0.037 |
Most of Research Frontiers' 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, Research Frontiers Incorporated 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, Research Frontiers Incorporated has a Beta of 0.037. This is 96.51% lower than that of the Electronic Equipment, Instruments & Components sector and 98.07% lower than that of the Information Technology industry. The beta for all United States stocks is 124.67% lower than that of the firm.
Research Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Research Frontiers' 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 Research Frontiers could also be used in its relative valuation, which is a method of valuing Research Frontiers by comparing valuation metrics of similar companies.Research Frontiers is currently under evaluation in beta category among its peers.
As returns on the market increase, Research Frontiers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Research Frontiers is expected to be smaller as well.
Research Fundamentals
| Return On Equity | -0.38 | ||||
| Return On Asset | -0.21 | ||||
| Profit Margin | (0.66) % | ||||
| Operating Margin | (0.43) % | ||||
| Current Valuation | 53.65 M | ||||
| Shares Outstanding | 33.65 M | ||||
| Shares Owned By Insiders | 14.80 % | ||||
| Shares Owned By Institutions | 16.54 % | ||||
| Number Of Shares Shorted | 294.63 K | ||||
| Price To Earning | (8.09) X | ||||
| Price To Book | 22.14 X | ||||
| Price To Sales | 34.10 X | ||||
| Revenue | 1.34 M | ||||
| Gross Profit | (555.09 K) | ||||
| EBITDA | (1.18 M) | ||||
| Net Income | (1.31 M) | ||||
| Cash And Equivalents | 1.88 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 1.3 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 8.81 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (788.82 K) | ||||
| Short Ratio | 9.75 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Price To Earnings To Growth | (0.53) X | ||||
| Target Price | 3.0 | ||||
| Beta | 0.037 | ||||
| Market Capitalization | 53.94 M | ||||
| Total Asset | 4.04 M | ||||
| Retained Earnings | (125.58 M) | ||||
| Working Capital | 2.48 M | ||||
| Current Asset | 8.67 M | ||||
| Current Liabilities | 468.21 K | ||||
| Net Asset | 4.04 M |
About Research Frontiers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Research Frontiers Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Research Frontiers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Research Frontiers Incorporated 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 Research Frontiers
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 Research Frontiers 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 Research Frontiers will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Research Frontiers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Research Frontiers 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 Research Frontiers - 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 Research Frontiers Incorporated to buy it.
The correlation of Research Frontiers 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 Research Frontiers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Research Frontiers 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 Research Frontiers 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 Research Stock Analysis
When running Research Frontiers' price analysis, check to measure Research Frontiers' 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 Research Frontiers is operating at the current time. Most of Research Frontiers' value examination focuses on studying past and present price action to predict the probability of Research Frontiers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Research Frontiers' price. Additionally, you may evaluate how the addition of Research Frontiers to your portfolios can decrease your overall portfolio volatility.