Trip Group Limited Stock Beta

TRPCF Stock  USD 66.71  4.27  6.02%   
Fundamental analysis of Trip Group allows traders to better anticipate movements in Trip Group's stock price by examining its financial health and performance throughout various phases of its business cycle.
  
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Trip Group Limited Company Beta Analysis

Trip Group'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.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Trip Group Beta

    
  0.52  
Most of Trip Group'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, Trip Group Limited 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, Trip Group Limited has a Beta of 0.5202. This is 38.07% lower than that of the Consumer Cyclical sector and significantly higher than that of the Travel Services industry. The beta for all United States stocks is notably lower than that of the firm.

Trip Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trip Group'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 Trip Group could also be used in its relative valuation, which is a method of valuing Trip Group by comparing valuation metrics of similar companies.
Trip Group is currently under evaluation in beta category among its peers.
As returns on the market increase, Trip Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trip Group is expected to be smaller as well.

Trip Fundamentals

About Trip Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Trip Group Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trip Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trip Group Limited 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Trip Pink Sheet

Trip Group financial ratios help investors to determine whether Trip 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 Trip with respect to the benefits of owning Trip Group security.