Cenit (Korea) Performance
| 037760 Stock | KRW 1,433 10.00 0.69% |
The firm shows a Beta (market volatility) of 0.0333, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cenit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cenit is expected to be smaller as well. At this point, Cenit has a negative expected return of -0.036%. Please make sure to confirm Cenit's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Cenit 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 Cenit Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Cenit is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Total Cashflows From Investing Activities | 3.5 B |
Cenit |
Cenit Relative Risk vs. Return Landscape
If you would invest 148,432 in Cenit Co on October 20, 2024 and sell it today you would lose (5,132) from holding Cenit Co or give up 3.46% of portfolio value over 90 days. Cenit Co is generating negative expected returns and assumes 2.0015% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Cenit, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cenit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cenit's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cenit Co, and traders can use it to determine the average amount a Cenit'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 = -0.018
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 037760 |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cenit 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 Cenit by adding Cenit to a well-diversified portfolio.
Cenit Fundamentals Growth
Cenit Stock prices reflect investors' perceptions of the future prospects and financial health of Cenit, and Cenit 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 Cenit Stock performance.
| Return On Equity | 9.67 | |||
| Return On Asset | 0.0183 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 111.36 B | |||
| Shares Outstanding | 33.83 M | |||
| Price To Earning | 8.51 X | |||
| Price To Sales | 0.48 X | |||
| Revenue | 126.06 B | |||
| EBITDA | 8.97 B | |||
| Cash And Equivalents | 5.58 B | |||
| Total Debt | 15.05 B | |||
| Debt To Equity | 0.77 % | |||
| Cash Flow From Operations | (1.04 B) | |||
| Total Asset | 178.18 B | |||
| Retained Earnings | 14.69 B | |||
| Current Asset | 49.01 B | |||
| Current Liabilities | 45.81 B | |||
About Cenit Performance
By analyzing Cenit's fundamental ratios, stakeholders can gain valuable insights into Cenit's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cenit 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 Cenit has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cenit Co., Ltd. manufactures and sells cold-rolled stainless-steel coils and straps in South Korea and internationally. The company was founded in 1995 and is headquartered in Uiryeong-eup, South Korea. CENIT is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Cenit performance evaluation
Checking the ongoing alerts about Cenit for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cenit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cenit generated a negative expected return over the last 90 days | |
| Cenit Co has accumulated about 5.58 B in cash with (1.04 B) of positive cash flow from operations. | |
| Roughly 54.0% of the company shares are owned by insiders or employees |
- Analyzing Cenit'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 Cenit's stock is overvalued or undervalued compared to its peers.
- Examining Cenit'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 Cenit's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cenit's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cenit's stock. These opinions can provide insight into Cenit's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cenit Stock analysis
When running Cenit's price analysis, check to measure Cenit'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 Cenit is operating at the current time. Most of Cenit's value examination focuses on studying past and present price action to predict the probability of Cenit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cenit's price. Additionally, you may evaluate how the addition of Cenit to your portfolios can decrease your overall portfolio volatility.
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