Midland Exploration Stock Beta
| MIDLF Stock | USD 0.34 0.09 36.00% |
Fundamental analysis of Midland Exploration allows traders to better anticipate movements in Midland Exploration's stock price by examining its financial health and performance throughout various phases of its business cycle.
Midland |
Midland Exploration Company Beta Analysis
Midland Exploration'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 Midland Exploration Beta | 0.82 |
Most of Midland Exploration'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, Midland Exploration 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, Midland Exploration has a Beta of 0.8202. This is 5.72% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
Midland Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Midland Exploration's 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 Midland Exploration could also be used in its relative valuation, which is a method of valuing Midland Exploration by comparing valuation metrics of similar companies.Midland Exploration is currently under evaluation in beta category among its peers.
As returns on the market increase, Midland Exploration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Midland Exploration is expected to be smaller as well.
Midland Fundamentals
| Return On Equity | -0.0422 | |||
| Return On Asset | -0.0417 | |||
| Operating Margin | (13.68) % | |||
| Current Valuation | 18 M | |||
| Shares Outstanding | 82.78 M | |||
| Shares Owned By Insiders | 4.32 % | |||
| Shares Owned By Institutions | 24.39 % | |||
| Price To Earning | (53.97) X | |||
| Price To Book | 0.88 X | |||
| Price To Sales | 117.12 X | |||
| Revenue | 210.41 K | |||
| Gross Profit | 210.41 K | |||
| EBITDA | (2.72 M) | |||
| Net Income | (1.9 M) | |||
| Cash And Equivalents | 8.07 M | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 87.33 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 4.26 X | |||
| Book Value Per Share | 0.49 X | |||
| Cash Flow From Operations | (1.19 M) | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 10 | |||
| Beta | 0.82 | |||
| Market Capitalization | 35.26 M | |||
| Total Asset | 39.22 M | |||
| Net Asset | 39.22 M |
About Midland Exploration Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Midland Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Midland Exploration using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Midland Exploration 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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Other Information on Investing in Midland Pink Sheet
Midland Exploration financial ratios help investors to determine whether Midland 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 Midland with respect to the benefits of owning Midland Exploration security.