Polestar Automotive Holding Stock Beta
| PSNY Stock | USD 1.23 0.05 4.24% |
Polestar Automotive Holding fundamentals help investors to digest information that contributes to Polestar Automotive's financial success or failures. It also enables traders to predict the movement of Polestar Stock. The fundamental analysis module provides a way to measure Polestar Automotive'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 Polestar Automotive stock.
Polestar | Beta |
Polestar Automotive Holding Company Beta Analysis
Polestar Automotive'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.
Polestar Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Polestar Automotive is extremely important. It helps to project a fair market value of Polestar Stock properly, considering its historical fundamentals such as Beta. Since Polestar Automotive's 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 Polestar Automotive's 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 Polestar Automotive's interrelated accounts and indicators.
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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, Polestar Automotive Holding has a Beta of 0.0. This is 100.0% lower than that of the Automobiles sector and 100.0% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Polestar Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Polestar Automotive's 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 Polestar Automotive could also be used in its relative valuation, which is a method of valuing Polestar Automotive by comparing valuation metrics of similar companies.Polestar Automotive is currently under evaluation in beta category among related companies.
Polestar Automotive Institutional Holders
Institutional Holdings refers to the ownership stake in Polestar Automotive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Polestar Automotive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Polestar Automotive's value.| Shares | Union Square Park Capital Management, Llc | 2023-12-31 | 561.5 K | Cubist Systematic Strategies, Llc | 2023-12-31 | 384.6 K | Legal & General Group Plc | 2023-12-31 | 295.5 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 288.5 K | Mitsubishi Ufj Asset Management Co.,ltd | 2023-12-31 | 288.2 K | Green Alpha Advisors, Llc | 2024-03-31 | 279.1 K | Quinn Opportunity Partners Llc | 2023-12-31 | 270 K | Canada Pension Plan Investment Board | 2023-12-31 | 201.5 K | Pathstone Holdings Llc | 2023-12-31 | 194.4 K | Amf Pensionsforsakring Ab | 2023-12-31 | 4.4 M | Amvescap Plc. | 2023-12-31 | 2.7 M |
Polestar Fundamentals
| Return On Equity | -3.98 | ||||
| Return On Asset | -0.15 | ||||
| Profit Margin | (0.26) % | ||||
| Operating Margin | (0.43) % | ||||
| Current Valuation | 4.51 B | ||||
| Shares Outstanding | 2.11 B | ||||
| Shares Owned By Insiders | 47.63 % | ||||
| Shares Owned By Institutions | 4.87 % | ||||
| Number Of Shares Shorted | 28.09 M | ||||
| Price To Earning | 3.43 X | ||||
| Price To Book | 92.75 X | ||||
| Price To Sales | 1.09 X | ||||
| Revenue | 2.83 B | ||||
| Gross Profit | 119.44 M | ||||
| EBITDA | (882.8 M) | ||||
| Net Income | (730.84 M) | ||||
| Cash And Equivalents | 1.38 B | ||||
| Cash Per Share | 0.65 X | ||||
| Total Debt | 1.45 B | ||||
| Debt To Equity | 9.25 % | ||||
| Current Ratio | 0.73 X | ||||
| Book Value Per Share | (0.30) X | ||||
| Cash Flow From Operations | (1.39 B) | ||||
| Short Ratio | 12.38 X | ||||
| Earnings Per Share | (0.35) X | ||||
| Target Price | 3.28 | ||||
| Number Of Employees | 2.38 K | ||||
| Market Capitalization | 2.49 B | ||||
| Total Asset | 3.94 B | ||||
| Retained Earnings | (3.74 B) | ||||
| Working Capital | (1.07 B) | ||||
| Net Asset | 3.94 B |
About Polestar Automotive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Polestar Automotive Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Polestar Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Polestar Automotive Holding 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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Check out Polestar Automotive Piotroski F Score and Polestar Automotive Altman Z Score analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Polestar Stock analysis
When running Polestar Automotive's price analysis, check to measure Polestar Automotive'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 Polestar Automotive is operating at the current time. Most of Polestar Automotive's value examination focuses on studying past and present price action to predict the probability of Polestar Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polestar Automotive's price. Additionally, you may evaluate how the addition of Polestar Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Polestar Automotive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polestar Automotive. If investors know Polestar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polestar Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 1.341 | Quarterly Revenue Growth 0.408 | Return On Assets (0.15) | Return On Equity (3.98) |
The market value of Polestar Automotive is measured differently than its book value, which is the value of Polestar that is recorded on the company's balance sheet. Investors also form their own opinion of Polestar Automotive's value that differs from its market value or its book value, called intrinsic value, which is Polestar Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polestar Automotive's market value can be influenced by many factors that don't directly affect Polestar Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polestar Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Polestar Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polestar Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.