Signature Resources Stock Beta
| SGGTF Stock | USD 0.05 0.0006 1.09% |
Fundamental analysis of Signature Resources allows traders to better anticipate movements in Signature Resources' stock price by examining its financial health and performance throughout various phases of its business cycle.
Signature |
Signature Resources OTC Stock Beta Analysis
Signature Resources' 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 Signature Resources Beta | 1.98 |
Most of Signature Resources' 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, Signature Resources 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, Signature Resources has a Beta of 1.9828. This is 127.91% higher than that of the Basic Materials sector and notably higher than that of the Gold industry. The beta for all United States stocks is notably lower than that of the firm.
Signature Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Signature Resources' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Signature Resources could also be used in its relative valuation, which is a method of valuing Signature Resources by comparing valuation metrics of similar companies.Signature Resources is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Signature Resources will likely underperform.
Signature Fundamentals
| Return On Equity | -0.11 | |||
| Return On Asset | -0.0835 | |||
| Current Valuation | 3.33 M | |||
| Shares Outstanding | 55.14 M | |||
| Shares Owned By Insiders | 5.88 % | |||
| Shares Owned By Institutions | 0.72 % | |||
| Price To Earning | (10.24) X | |||
| Price To Book | 0.24 X | |||
| EBITDA | (1.18 M) | |||
| Net Income | (1.39 M) | |||
| Cash And Equivalents | 979.21 K | |||
| Debt To Equity | 0.04 % | |||
| Current Ratio | 0.96 X | |||
| Book Value Per Share | 0.28 X | |||
| Cash Flow From Operations | (977.85 K) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 1.98 | |||
| Market Capitalization | 1.65 M | |||
| Total Asset | 15.86 M | |||
| Net Asset | 15.86 M |
About Signature Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Signature Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Signature Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Signature Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Signature OTC Stock
Signature Resources financial ratios help investors to determine whether Signature OTC Stock 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 Signature with respect to the benefits of owning Signature Resources security.