Remsleep Holdings Stock Beta
| RMSL Stock | USD 0.01 0.0001 1.52% |
Fundamental analysis of REMSleep Holdings allows traders to better anticipate movements in REMSleep Holdings' stock price by examining its financial health and performance throughout various phases of its business cycle.
REMSleep |
REMSleep Holdings Company Beta Analysis
REMSleep Holdings' 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 REMSleep Holdings Beta | -1.17 |
Most of REMSleep Holdings' 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, REMSleep Holdings 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, REMSleep Holdings has a Beta of -1.1702. This is 236.07% lower than that of the Health Care Equipment & Supplies sector and 212.52% lower than that of the Health Care industry. The beta for all United States stocks is notably higher than that of the company.
REMSleep Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses REMSleep Holdings' 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 REMSleep Holdings could also be used in its relative valuation, which is a method of valuing REMSleep Holdings by comparing valuation metrics of similar companies.REMSleep Holdings is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning REMSleep Holdings are expected to decrease by larger amounts. On the other hand, during market turmoil, REMSleep Holdings is expected to outperform it.
REMSleep Fundamentals
| Return On Equity | -0.55 | |||
| Return On Asset | -0.18 | |||
| Operating Margin | (3.58) % | |||
| Current Valuation | 17.17 M | |||
| Shares Outstanding | 1.46 B | |||
| Shares Owned By Insiders | 3.63 % | |||
| Shares Owned By Institutions | 0.04 % | |||
| Price To Earning | (2.93) X | |||
| Price To Book | 6.04 X | |||
| Price To Sales | 72.16 X | |||
| EBITDA | (2.85 M) | |||
| Net Income | (3.83 M) | |||
| Cash And Equivalents | 2.39 M | |||
| Total Debt | 512.03 K | |||
| Debt To Equity | 0.15 % | |||
| Current Ratio | 8.07 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (350 K) | |||
| Earnings Per Share | (0) X | |||
| Beta | -1.17 | |||
| Market Capitalization | 23.24 M | |||
| Total Asset | 3.5 M | |||
| Retained Earnings | (153.19 M) | |||
| Working Capital | (3.43 M) | |||
| Current Liabilities | 3.43 M | |||
| Z Score | -33.2 | |||
| Net Asset | 3.5 M |
About REMSleep Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze REMSleep Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of REMSleep Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of REMSleep Holdings 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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Try AI Portfolio ProphetOther Information on Investing in REMSleep Pink Sheet
REMSleep Holdings financial ratios help investors to determine whether REMSleep 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 REMSleep with respect to the benefits of owning REMSleep Holdings security.