Comet Holding (Switzerland) Performance
| COTN Stock | CHF 279.50 3.50 1.27% |
The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Comet Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Comet Holding is expected to be smaller as well. At this point, Comet Holding AG has a negative expected return of -0.31%. Please make sure to confirm Comet Holding's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Comet Holding AG 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 Comet Holding AG has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 74.7 M | |
| Total Cashflows From Investing Activities | -12.7 M |
Comet |
Comet Holding Relative Risk vs. Return Landscape
If you would invest 34,700 in Comet Holding AG on September 1, 2024 and sell it today you would lose (6,750) from holding Comet Holding AG or give up 19.45% of portfolio value over 90 days. Comet Holding AG is generating negative expected returns and assumes 2.0938% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Comet, 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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Comet Holding Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comet Holding's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Comet Holding AG, and traders can use it to determine the average amount a Comet Holding'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 = -0.1484
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Comet Holding 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 Comet Holding by adding Comet Holding to a well-diversified portfolio.
Comet Holding Fundamentals Growth
Comet Stock prices reflect investors' perceptions of the future prospects and financial health of Comet Holding, and Comet Holding 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 Comet Stock performance.
| Return On Equity | 0.24 | |||
| Return On Asset | 0.098 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 1.61 B | |||
| Shares Outstanding | 7.77 M | |||
| Price To Earning | 95.17 X | |||
| Price To Book | 5.66 X | |||
| Price To Sales | 2.87 X | |||
| Revenue | 513.72 M | |||
| EBITDA | 102.42 M | |||
| Cash And Equivalents | 74.68 M | |||
| Cash Per Share | 9.61 X | |||
| Total Debt | 59.57 M | |||
| Debt To Equity | 0.38 % | |||
| Book Value Per Share | 36.13 X | |||
| Cash Flow From Operations | 70.49 M | |||
| Earnings Per Share | 8.08 X | |||
| Total Asset | 490.42 M | |||
About Comet Holding Performance
Evaluating Comet Holding's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Comet Holding 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 Comet Holding has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Comet Holding AG, together with its subsidiaries, provides X-ray and radio frequency power technology solutions in Switzerland, Germany, the rest of Europe, North America, China, Japan, the rest of Asia, and internationally. Comet Holding AG was founded in 1948 and is headquartered in Flamatt, Switzerland. COMET N operates under Scientific Technical Instruments classification in Switzerland and is traded on Switzerland Exchange. It employs 1403 people.Things to note about Comet Holding AG performance evaluation
Checking the ongoing alerts about Comet Holding for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Comet Holding AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Comet Holding AG generated a negative expected return over the last 90 days |
- Analyzing Comet Holding'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 Comet Holding's stock is overvalued or undervalued compared to its peers.
- Examining Comet Holding'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 Comet Holding's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Comet Holding's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Comet Holding's stock. These opinions can provide insight into Comet Holding's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Comet Stock Analysis
When running Comet Holding's price analysis, check to measure Comet Holding'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 Comet Holding is operating at the current time. Most of Comet Holding's value examination focuses on studying past and present price action to predict the probability of Comet Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comet Holding's price. Additionally, you may evaluate how the addition of Comet Holding to your portfolios can decrease your overall portfolio volatility.