Far East Beta

Far East Horizon fundamentals help investors to digest information that contributes to Far East's financial success or failures. It also enables traders to predict the movement of Far East Stock. The fundamental analysis module provides a way to measure Far East'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 Far East stock.
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Far East Beta Analysis

Far East'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 will be 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 Far East Beta

    
  0.65  
Most of Far East'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, Far East Horizon 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.
Compare to competition

In accordance with the recently published financial statements, Far East Horizon has a Beta of 0.65. This is 20.73% lower than that of the Financial Services sector and 42.98% lower than that of the Specialty Finance industry. The beta for all Hong Kong stocks is notably lower than that of the firm.

Far East Beta Peer Comparison

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

Far East Fundamentals

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Other Tools for Far East Stock

When running Far East Horizon price analysis, check to measure Far East'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 Far East is operating at the current time. Most of Far East's value examination focuses on studying past and present price action to predict the probability of Far East's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Far East's price. Additionally, you may evaluate how the addition of Far East to your portfolios can decrease your overall portfolio volatility.
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