Hapbee Technologies Stock Beta
| HAPB Stock | CAD 0.07 0.01 7.14% |
Fundamental analysis of Hapbee Technologies allows traders to better anticipate movements in Hapbee Technologies' stock price by examining its financial health and performance throughout various phases of its business cycle.
Hapbee | Beta |
Hapbee Technologies Company Beta Analysis
Hapbee Technologies' 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 Hapbee Technologies Beta | 0.11 |
Most of Hapbee Technologies' 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, Hapbee Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hapbee Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Hapbee Technologies is extremely important. It helps to project a fair market value of Hapbee Stock properly, considering its historical fundamentals such as Beta. Since Hapbee Technologies' 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 Hapbee Technologies' 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 Hapbee Technologies' 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, Hapbee Technologies has a Beta of 0.11. This is 89.62% lower than that of the Household Durables sector and 86.9% lower than that of the Consumer Discretionary industry. The beta for all Canada stocks is 173.33% lower than that of the firm.
Hapbee Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hapbee Technologies' 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 Hapbee Technologies could also be used in its relative valuation, which is a method of valuing Hapbee Technologies by comparing valuation metrics of similar companies.Hapbee Technologies is currently under evaluation in beta category among its peers.
Hapbee Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Hapbee Technologies from analyzing Hapbee Technologies' financial statements. These drivers represent accounts that assess Hapbee Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hapbee Technologies' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 23.8M | 12.0M | 2.5M | 3.9M | 3.9M | 3.7M | |
| Enterprise Value | 21.8M | 8.4M | 2.2M | 5.4M | 5.5M | 5.2M |
As returns on the market increase, Hapbee Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hapbee Technologies is expected to be smaller as well.
Hapbee Fundamentals
| Return On Equity | -32.45 | ||||
| Return On Asset | -0.92 | ||||
| Operating Margin | (0.35) % | ||||
| Current Valuation | 19.99 M | ||||
| Shares Outstanding | 225.7 M | ||||
| Shares Owned By Insiders | 37.19 % | ||||
| Shares Owned By Institutions | 0.05 % | ||||
| Number Of Shares Shorted | 23 | ||||
| Price To Book | 14.24 X | ||||
| Price To Sales | 16.71 X | ||||
| Revenue | 610.88 K | ||||
| Gross Profit | 821.04 K | ||||
| EBITDA | (3.93 M) | ||||
| Net Income | (6.6 M) | ||||
| Cash And Equivalents | 602.58 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 63.76 K | ||||
| Current Ratio | 0.61 X | ||||
| Book Value Per Share | (0.02) X | ||||
| Cash Flow From Operations | (4.27 M) | ||||
| Short Ratio | 0.27 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Beta | 0.11 | ||||
| Market Capitalization | 16.96 M | ||||
| Total Asset | 2.23 M | ||||
| Retained Earnings | (30.42 M) | ||||
| Working Capital | (2.07 M) | ||||
| Net Asset | 2.23 M |
About Hapbee Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hapbee Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hapbee Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hapbee Technologies 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Hapbee Stock Analysis
When running Hapbee Technologies' price analysis, check to measure Hapbee Technologies' 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 Hapbee Technologies is operating at the current time. Most of Hapbee Technologies' value examination focuses on studying past and present price action to predict the probability of Hapbee Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hapbee Technologies' price. Additionally, you may evaluate how the addition of Hapbee Technologies to your portfolios can decrease your overall portfolio volatility.