Power Metals Corp Stock Beta
| PWM Stock | CAD 0.32 0.02 5.88% |
Power Metals Corp fundamentals help investors to digest information that contributes to Power Metals' financial success or failures. It also enables traders to predict the movement of Power Stock. The fundamental analysis module provides a way to measure Power Metals' 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 Power Metals stock.
Power | Beta |
Power Metals Corp Company Beta Analysis
Power Metals' 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 Power Metals Beta | 0.8 |
Most of Power Metals' 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, Power Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Power Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Power Metals is extremely important. It helps to project a fair market value of Power Stock properly, considering its historical fundamentals such as Beta. Since Power Metals' 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 Power Metals' 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 Power Metals' interrelated accounts and indicators.
Click cells to compare fundamentals
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, Power Metals Corp has a Beta of 0.797. This is 8.39% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
Power Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Power Metals' 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 Power Metals could also be used in its relative valuation, which is a method of valuing Power Metals by comparing valuation metrics of similar companies.Power Metals is currently under evaluation in beta category among related companies.
Power Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Power Metals from analyzing Power Metals' financial statements. These drivers represent accounts that assess Power Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Power Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 25.9M | 24.9M | 34.9M | 39.8M | 35.8M | 37.6M | |
| Enterprise Value | 25.9M | 25.0M | 34.3M | 38.9M | 35.0M | 36.8M |
As returns on the market increase, Power Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Power Metals is expected to be smaller as well.
Power Fundamentals
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.14 | ||||
| Current Valuation | 39.1 M | ||||
| Shares Outstanding | 147.26 M | ||||
| Shares Owned By Insiders | 11.80 % | ||||
| Shares Owned By Institutions | 1.15 % | ||||
| Number Of Shares Shorted | 10.53 K | ||||
| Price To Book | 5.21 X | ||||
| EBITDA | (2.54 M) | ||||
| Net Income | (2.31 M) | ||||
| Cash And Equivalents | 21.26 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 0.04 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (1.79 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 0.8 | ||||
| Market Capitalization | 49.33 M | ||||
| Total Asset | 13.36 M | ||||
| Retained Earnings | (38.35 M) | ||||
| Working Capital | 4.26 M | ||||
| Net Asset | 13.36 M |
About Power Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Power Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Power Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Power Metals Corp 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 Power Metals 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, Power Metals' short interest history, or implied volatility extrapolated from Power Metals options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Power Metals Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Metals Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Power Stock analysis
When running Power Metals' price analysis, check to measure Power Metals' 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 Power Metals is operating at the current time. Most of Power Metals' value examination focuses on studying past and present price action to predict the probability of Power Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Metals' price. Additionally, you may evaluate how the addition of Power Metals to your portfolios can decrease your overall portfolio volatility.
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