Sanu Gold Corp Stock Beta
| SNGCF Stock | USD 0.23 0.01 4.17% |
Fundamental analysis of Sanu Gold allows traders to better anticipate movements in Sanu Gold's stock price by examining its financial health and performance throughout various phases of its business cycle.
Sanu |
Sanu Gold Corp Company Beta Analysis
Sanu Gold'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.
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, Sanu Gold Corp has a Beta of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Gold industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Sanu Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sanu Gold'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 Sanu Gold could also be used in its relative valuation, which is a method of valuing Sanu Gold by comparing valuation metrics of similar companies.Sanu Gold is currently under evaluation in beta category among its peers.
Sanu Fundamentals
| Current Valuation | 7.91 M | |||
| Shares Outstanding | 58.34 M | |||
| Shares Owned By Insiders | 19.53 % | |||
| Shares Owned By Institutions | 2.29 % | |||
| Price To Book | 2.07 X | |||
| EBITDA | (782.66 K) | |||
| Net Income | (895.48 K) | |||
| Cash Flow From Operations | (865.99 K) | |||
| Market Capitalization | 11.59 M |
About Sanu Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sanu Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sanu Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sanu Gold 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.
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Other Information on Investing in Sanu Pink Sheet
Sanu Gold financial ratios help investors to determine whether Sanu 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 Sanu with respect to the benefits of owning Sanu Gold security.