CARGOJET INC (Germany) Performance
| CJ8A Stock | EUR 82.00 2.50 2.96% |
The firm shows a Beta (market volatility) of -0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CARGOJET INC are expected to decrease at a much lower rate. During the bear market, CARGOJET INC is likely to outperform the market. At this point, CARGOJET INC VAR has a negative expected return of -0.14%. Please make sure to confirm CARGOJET INC's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if CARGOJET INC VAR performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days CARGOJET INC VAR has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest uncertain performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
CARGOJET |
CARGOJET INC Relative Risk vs. Return Landscape
If you would invest 9,053 in CARGOJET INC VAR on November 2, 2024 and sell it today you would lose (853.00) from holding CARGOJET INC VAR or give up 9.42% of portfolio value over 90 days. CARGOJET INC VAR is producing return of less than zero assuming 2.1621% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than CARGOJET INC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CARGOJET INC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CARGOJET INC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CARGOJET INC VAR, and traders can use it to determine the average amount a CARGOJET INC'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 = -0.0655
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| Negative Returns | CJ8A |
Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.14 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 INC 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 INC by adding CARGOJET INC to a well-diversified portfolio.
CARGOJET INC Fundamentals Growth
CARGOJET Stock prices reflect investors' perceptions of the future prospects and financial health of CARGOJET INC, and CARGOJET INC 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 Stock performance.
| Return On Equity | 0.41 | |||
| Return On Asset | 0.076 | |||
| Profit Margin | 0.31 % | |||
| Operating Margin | 0.21 % | |||
| Price To Earning | 935.62 X | |||
| Revenue | 948.8 M | |||
| EBITDA | 293.7 M | |||
| Cash And Equivalents | 151.5 M | |||
| Cash Per Share | 8.74 X | |||
| Total Debt | 425 M | |||
| Debt To Equity | 0.71 % | |||
| Book Value Per Share | 48.47 X | |||
| Cash Flow From Operations | 280.7 M | |||
| Earnings Per Share | 0.87 X | |||
About CARGOJET INC Performance
By analyzing CARGOJET INC's fundamental ratios, stakeholders can gain valuable insights into CARGOJET INC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CARGOJET INC 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 INC 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. Cargojet Inc. is a subsidiary of Flagship International Marketing Limited. CARGOJET INC is traded on Frankfurt Stock Exchange in Germany.Things to note about CARGOJET INC VAR performance evaluation
Checking the ongoing alerts about CARGOJET INC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CARGOJET INC VAR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CARGOJET INC VAR generated a negative expected return over the last 90 days |
- Analyzing CARGOJET INC'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 INC's stock is overvalued or undervalued compared to its peers.
- Examining CARGOJET INC'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 INC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CARGOJET INC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CARGOJET INC's stock. These opinions can provide insight into CARGOJET INC's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for CARGOJET Stock analysis
When running CARGOJET INC's price analysis, check to measure CARGOJET INC'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 INC is operating at the current time. Most of CARGOJET INC's value examination focuses on studying past and present price action to predict the probability of CARGOJET INC'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 INC's price. Additionally, you may evaluate how the addition of CARGOJET INC to your portfolios can decrease your overall portfolio volatility.
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