Affluent Partners Holdings Stock Beta

MNNGF Stock  USD 0.08  0.00  0.00%   
Fundamental analysis of Affluent Partners allows traders to better anticipate movements in Affluent Partners' 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.

Affluent Partners Holdings Company Beta Analysis

Affluent Partners' 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.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Affluent Partners Beta

    
  -0.0027  
Most of Affluent Partners' 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, Affluent Partners 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, Affluent Partners Holdings has a Beta of -0.0027. This is 100.32% lower than that of the Consumer Cyclical sector and 100.18% lower than that of the Luxury Goods industry. The beta for all United States stocks is 98.2% lower than that of the firm.

Affluent Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Affluent Partners' 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 Affluent Partners could also be used in its relative valuation, which is a method of valuing Affluent Partners by comparing valuation metrics of similar companies.
Affluent Partners is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Affluent Partners are expected to decrease at a much lower rate. During the bear market, Affluent Partners is likely to outperform the market.

Affluent Fundamentals

About Affluent Partners Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Affluent Partners Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Affluent Partners using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Affluent Partners 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Affluent Pink Sheet

Affluent Partners financial ratios help investors to determine whether Affluent 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 Affluent with respect to the benefits of owning Affluent Partners security.