Comvex SA (Romania) Performance
| CMVX Stock | 77.50 3.00 3.73% |
The firm shows a Beta (market volatility) of 1.24, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Comvex SA will likely underperform. At this point, Comvex SA has a negative expected return of -0.21%. Please make sure to confirm Comvex SA's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Comvex SA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Comvex SA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
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Comvex SA Relative Risk vs. Return Landscape
If you would invest 9,200 in Comvex SA on August 31, 2024 and sell it today you would lose (1,450) from holding Comvex SA or give up 15.76% of portfolio value over 90 days. Comvex SA is generating negative expected returns and assumes 3.4167% volatility on return distribution over the 90 days horizon. Simply put, 30% of stocks are less volatile than Comvex, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Comvex SA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comvex SA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Comvex SA, and traders can use it to determine the average amount a Comvex SA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0601
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| Negative Returns | CMVX |
Estimated Market Risk
| 3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Comvex SA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Comvex SA by adding Comvex SA to a well-diversified portfolio.
About Comvex SA Performance
By examining Comvex SA's fundamental ratios, stakeholders can obtain critical insights into Comvex SA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Comvex SA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Comvex SA performance evaluation
Checking the ongoing alerts about Comvex SA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Comvex SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Comvex SA generated a negative expected return over the last 90 days | |
| Comvex SA has high historical volatility and very poor performance |
- Analyzing Comvex SA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Comvex SA's stock is overvalued or undervalued compared to its peers.
- Examining Comvex SA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Comvex SA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Comvex SA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Comvex SA's stock. These opinions can provide insight into Comvex SA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Comvex Stock
Comvex SA financial ratios help investors to determine whether Comvex 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 Comvex with respect to the benefits of owning Comvex SA security.