Concord Acquisition Corp Performance
The etf shows a Beta (market volatility) of 0.0557, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Concord Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Concord Acquisition is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Concord Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Etf's fundamental indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
| Begin Period Cash Flow | 1.1 M |
Concord |
Concord Acquisition Relative Risk vs. Return Landscape
If you would invest 1,050 in Concord Acquisition Corp on August 30, 2024 and sell it today you would lose (1,050) from holding Concord Acquisition Corp or give up 100.0% of portfolio value over 90 days. Concord Acquisition Corp is currently does not generate positive expected returns and assumes 49.9214% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Concord, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Concord Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Concord Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Concord Acquisition Corp, and traders can use it to determine the average amount a Concord Acquisition'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 = -0.5047
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| Negative Returns | CNDA |
Estimated Market Risk
| 49.92 actual daily | 96 96% of assets are less volatile |
Expected Return
| -25.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.5 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Concord Acquisition 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 Concord Acquisition by adding Concord Acquisition to a well-diversified portfolio.
Concord Acquisition Fundamentals Growth
Concord Etf prices reflect investors' perceptions of the future prospects and financial health of Concord Acquisition, and Concord Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Concord Etf performance.
| Return On Asset | -0.0104 | ||||
| Current Valuation | 95.82 M | ||||
| Shares Outstanding | 2.2 M | ||||
| Price To Earning | 25.28 X | ||||
| Price To Book | 7.08 X | ||||
| EBITDA | (2.31 M) | ||||
| Cash And Equivalents | 1.11 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 8.58 M | ||||
| Debt To Equity | 3.06 % | ||||
| Book Value Per Share | (1.08) X | ||||
| Cash Flow From Operations | (3.68 M) | ||||
| Earnings Per Share | 0.16 X | ||||
| Total Asset | 154.31 M | ||||
| Retained Earnings | (8.21 M) | ||||
About Concord Acquisition Performance
By analyzing Concord Acquisition's fundamental ratios, stakeholders can gain valuable insights into Concord Acquisition's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Concord Acquisition has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Concord Acquisition has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Concord Acquisition Corp II does not have significant operations. Concord Acquisition is traded on New York Stock Exchange in the United States.| Concord Acquisition is not yet fully synchronised with the market data | |
| Concord Acquisition generated a negative expected return over the last 90 days | |
| Concord Acquisition has high historical volatility and very poor performance | |
| Concord Acquisition has some characteristics of a very speculative penny stock | |
| Concord Acquisition has a very high chance of going through financial distress in the upcoming years | |
| The fund created five year return of -2.0% | |
| Roughly 73.0% of the company shares are held by institutions such as insurance companies | |
| Concord Acquisition Corp holds 99.72% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Concord Etf
If you are still planning to invest in Concord Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Concord Acquisition's history and understand the potential risks before investing.
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