Cargojet Stock Performance
| CGJTF Stock | USD 84.00 1.36 1.59% |
The firm shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cargojet are expected to decrease at a much lower rate. During the bear market, Cargojet is likely to outperform the market. At this point, Cargojet has a negative expected return of -0.21%. Please make sure to confirm Cargojet's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Cargojet 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 Cargojet has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 3.7 M | |
| Total Cashflows From Investing Activities | -280.4 M |
Cargojet |
Cargojet Relative Risk vs. Return Landscape
If you would invest 9,767 in Cargojet on November 3, 2024 and sell it today you would lose (1,367) from holding Cargojet or give up 14.0% of portfolio value over 90 days. Cargojet is currently producing negative expected returns and takes up 2.8528% volatility of returns over 90 trading days. Put another way, 25% of traded pink sheets are less volatile than Cargojet, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Cargojet Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cargojet's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Cargojet, and traders can use it to determine the average amount a Cargojet'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 = -0.0739
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| Negative Returns | CGJTF |
Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cargojet 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 Cargojet by adding Cargojet to a well-diversified portfolio.
Cargojet Fundamentals Growth
Cargojet Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Cargojet, and Cargojet 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 Cargojet Pink Sheet performance.
| Return On Equity | 0.41 | |||
| Return On Asset | 0.076 | |||
| Profit Margin | 0.31 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 2.05 B | |||
| Shares Outstanding | 17.2 M | |||
| Price To Earning | 12.34 X | |||
| Price To Book | 2.58 X | |||
| Price To Sales | 1.67 X | |||
| Revenue | 757.8 M | |||
| EBITDA | 355.4 M | |||
| Cash And Equivalents | 6.3 M | |||
| Cash Per Share | 0.37 X | |||
| Total Debt | 307.2 M | |||
| Debt To Equity | 0.71 % | |||
| Book Value Per Share | 48.47 X | |||
| Cash Flow From Operations | 245 M | |||
| Earnings Per Share | 12.21 X | |||
| Total Asset | 1.49 B | |||
About Cargojet Performance
By analyzing Cargojet's fundamental ratios, stakeholders can gain valuable insights into Cargojet's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cargojet 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 Cargojet has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cargojet Inc. provides time sensitive overnight air cargo services in Canada. The company was founded in 2005 and is headquartered in Mississauga, Canada. Cargojet operates under Integrated Freight Logistics classification in the United States and is traded on OTC Exchange. It employs 1624 people.Things to note about Cargojet performance evaluation
Checking the ongoing alerts about Cargojet for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Cargojet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cargojet generated a negative expected return over the last 90 days |
- Analyzing Cargojet'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 Cargojet's stock is overvalued or undervalued compared to its peers.
- Examining Cargojet'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 Cargojet's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cargojet's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cargojet's pink sheet. These opinions can provide insight into Cargojet's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cargojet Pink Sheet analysis
When running Cargojet's price analysis, check to measure Cargojet'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 Cargojet is operating at the current time. Most of Cargojet's value examination focuses on studying past and present price action to predict the probability of Cargojet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cargojet's price. Additionally, you may evaluate how the addition of Cargojet to your portfolios can decrease your overall portfolio volatility.
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