Ibitx Software Stock Beta
| IBXS Stock | USD 0.0001 0.00 0.00% |
Fundamental analysis of IBITX Software allows traders to better anticipate movements in IBITX Software's stock price by examining its financial health and performance throughout various phases of its business cycle.
IBITX |
IBITX Software OTC Stock Beta Analysis
IBITX Software'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.
Current IBITX Software Beta | 12.78 |
Most of IBITX Software'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, IBITX Software 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, IBITX Software has a Beta of 12.78. This is much higher than that of the sector and significantly higher than that of the Beta industry. The beta for all United States stocks is notably lower than that of the firm.
IBITX Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IBITX Software's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of IBITX Software could also be used in its relative valuation, which is a method of valuing IBITX Software by comparing valuation metrics of similar companies.IBITX Software 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, IBITX Software will likely underperform.
IBITX Fundamentals
| Current Valuation | 25.59 K | |||
| Shares Outstanding | 130.6 K | |||
| Net Income | (1.45 M) | |||
| Cash And Equivalents | 6.71 K | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 27.27 K | |||
| Debt To Equity | 0.68 % | |||
| Current Ratio | 0.11 X | |||
| Book Value Per Share | 0.27 X | |||
| Cash Flow From Operations | (79.06 K) | |||
| Earnings Per Share | (12.49) X | |||
| Beta | 12.78 | |||
| Market Capitalization | 26 |
About IBITX Software Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IBITX Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IBITX Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IBITX Software based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 IBITX OTC Stock Analysis
When running IBITX Software's price analysis, check to measure IBITX Software'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 IBITX Software is operating at the current time. Most of IBITX Software's value examination focuses on studying past and present price action to predict the probability of IBITX Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IBITX Software's price. Additionally, you may evaluate how the addition of IBITX Software to your portfolios can decrease your overall portfolio volatility.