Carnival Industrial (Taiwan) Performance
| 1417 Stock | TWD 9.99 0.02 0.20% |
The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Carnival Industrial are expected to decrease at a much lower rate. During the bear market, Carnival Industrial is likely to outperform the market. At this point, Carnival Industrial Corp has a negative expected return of -0.15%. Please make sure to confirm Carnival Industrial's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Carnival Industrial Corp 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 Carnival Industrial Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 479.6 M | |
| Total Cashflows From Investing Activities | -32.4 M |
Carnival |
Carnival Industrial Relative Risk vs. Return Landscape
If you would invest 1,100 in Carnival Industrial Corp on August 28, 2024 and sell it today you would lose (101.00) from holding Carnival Industrial Corp or give up 9.18% of portfolio value over 90 days. Carnival Industrial Corp is generating negative expected returns and assumes 0.8968% volatility on return distribution over the 90 days horizon. Simply put, 7% of stocks are less volatile than Carnival, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Carnival Industrial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carnival Industrial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Carnival Industrial Corp, and traders can use it to determine the average amount a Carnival Industrial'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 = -0.1687
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| Negative Returns | 1417 |
Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Carnival Industrial 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 Carnival Industrial by adding Carnival Industrial to a well-diversified portfolio.
Carnival Industrial Fundamentals Growth
Carnival Stock prices reflect investors' perceptions of the future prospects and financial health of Carnival Industrial, and Carnival Industrial 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 Carnival Stock performance.
| Return On Equity | -0.0016 | |||
| Return On Asset | -0.0068 | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 2.64 B | |||
| Shares Outstanding | 189.94 M | |||
| Price To Earning | 0.49 X | |||
| Price To Book | 0.98 X | |||
| Price To Sales | 1.75 X | |||
| Revenue | 1.32 B | |||
| EBITDA | 161.63 M | |||
| Cash And Equivalents | 1.64 B | |||
| Cash Per Share | 4.31 X | |||
| Total Debt | 302.93 M | |||
| Debt To Equity | 8.60 % | |||
| Book Value Per Share | 14.36 X | |||
| Cash Flow From Operations | (477.65 M) | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 3.98 B | |||
| Retained Earnings | (112 M) | |||
| Current Asset | 3.07 B | |||
| Current Liabilities | 1.12 B | |||
About Carnival Industrial Performance
Evaluating Carnival Industrial's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Carnival Industrial 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 Carnival Industrial 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.
Carnival Industrial Corporation engages in the apparel business in Taiwan and internationally. The company was founded in 1969 as Carnival Textile Industrial Corp. and changed its name to Carnival Industrial Corporation in 1997. CARNIVAL is traded on Taiwan Stock Exchange in Taiwan.Things to note about Carnival Industrial Corp performance evaluation
Checking the ongoing alerts about Carnival Industrial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Carnival Industrial Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Carnival Industrial generated a negative expected return over the last 90 days | |
| Carnival Industrial Corp has accumulated about 1.64 B in cash with (477.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.31. | |
| Roughly 39.0% of the company shares are owned by insiders or employees |
- Analyzing Carnival Industrial'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 Carnival Industrial's stock is overvalued or undervalued compared to its peers.
- Examining Carnival Industrial'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 Carnival Industrial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carnival Industrial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carnival Industrial's stock. These opinions can provide insight into Carnival Industrial's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Carnival Stock Analysis
When running Carnival Industrial's price analysis, check to measure Carnival Industrial'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 Carnival Industrial is operating at the current time. Most of Carnival Industrial's value examination focuses on studying past and present price action to predict the probability of Carnival Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnival Industrial's price. Additionally, you may evaluate how the addition of Carnival Industrial to your portfolios can decrease your overall portfolio volatility.