Artisan Consumer Goods Stock Beta
ARRT Stock | USD 0.14 0.00 0.00% |
Artisan Consumer Goods fundamentals help investors to digest information that contributes to Artisan Consumer's financial success or failures. It also enables traders to predict the movement of Artisan Pink Sheet. The fundamental analysis module provides a way to measure Artisan Consumer's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Artisan Consumer pink sheet.
Artisan |
Artisan Consumer Goods Company Beta Analysis
Artisan Consumer'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 Artisan Consumer Beta | -0.061 |
Most of Artisan Consumer'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, Artisan Consumer Goods 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, Artisan Consumer Goods has a Beta of -0.061. This is 104.96% lower than that of the Metals & Mining sector and 105.5% lower than that of the Materials industry. The beta for all United States stocks is 59.33% lower than that of the firm.
Artisan Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Artisan Consumer'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 Artisan Consumer could also be used in its relative valuation, which is a method of valuing Artisan Consumer by comparing valuation metrics of similar companies.Artisan Consumer is currently under evaluation in beta category among related companies.
As returns on the market increase, returns on owning Artisan Consumer are expected to decrease at a much lower rate. During the bear market, Artisan Consumer is likely to outperform the market.
Artisan Fundamentals
Return On Asset | -0.94 | |||
Operating Margin | (50.52) % | |||
Current Valuation | 683.14 K | |||
Shares Outstanding | 4.4 M | |||
Shares Owned By Insiders | 74.90 % | |||
Price To Earning | 30.25 X | |||
Price To Sales | 615.50 X | |||
Gross Profit | (8.22 K) | |||
EBITDA | (35.66 K) | |||
Net Income | (38.54 K) | |||
Cash And Equivalents | 13.55 K | |||
Total Debt | 154.22 K | |||
Current Ratio | 0.09 X | |||
Book Value Per Share | (0.05) X | |||
Cash Flow From Operations | (29.07 K) | |||
Earnings Per Share | (0) X | |||
Beta | -0.061 | |||
Market Capitalization | 563.12 K | |||
Total Asset | 28.9 K | |||
Z Score | -1.5 | |||
Net Asset | 28.9 K |
About Artisan Consumer Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Artisan Consumer Goods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Artisan Consumer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Artisan Consumer Goods 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Artisan Consumer in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Artisan Consumer's short interest history, or implied volatility extrapolated from Artisan Consumer options trading.
Pair Trading with Artisan Consumer
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Artisan Consumer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Artisan Consumer will appreciate offsetting losses from the drop in the long position's value.Moving together with Artisan Pink Sheet
0.77 | CHKEZ | Chesapeake Energy | PairCorr |
0.85 | CHKEL | Chesapeake Energy | PairCorr |
Moving against Artisan Pink Sheet
0.71 | SWZNF | Schweizerische Nationalbank | PairCorr |
0.59 | ASTSW | AST SpaceMobile | PairCorr |
0.44 | PKX | POSCO Holdings | PairCorr |
The ability to find closely correlated positions to Artisan Consumer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Artisan Consumer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Artisan Consumer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Artisan Consumer Goods to buy it.
The correlation of Artisan Consumer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Artisan Consumer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artisan Consumer Goods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Artisan Consumer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artisan Consumer Goods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Artisan Pink Sheet analysis
When running Artisan Consumer's price analysis, check to measure Artisan Consumer'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 Artisan Consumer is operating at the current time. Most of Artisan Consumer's value examination focuses on studying past and present price action to predict the probability of Artisan Consumer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artisan Consumer's price. Additionally, you may evaluate how the addition of Artisan Consumer to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
CEOs Directory Screen CEOs from public companies around the world | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Money Managers Screen money managers from public funds and ETFs managed around the world |