Cool Company (Norway) Performance
| CLCO Stock | 95.75 6.25 6.13% |
The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cool Company's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cool Company is expected to be smaller as well. At this point, Cool Company Oy has a negative expected return of -0.2%. Please make sure to confirm Cool Company's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Cool Company Oy 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 Cool Company Oy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's essential indicators remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
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Cool Company Relative Risk vs. Return Landscape
If you would invest 11,224 in Cool Company Oy on August 28, 2024 and sell it today you would lose (1,649) from holding Cool Company Oy or give up 14.69% of portfolio value over 90 days. Cool Company Oy is generating negative expected returns and assumes 2.8819% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Cool, 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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Cool Company Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cool Company's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cool Company Oy, and traders can use it to determine the average amount a Cool Company'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 = -0.0704
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| Negative Returns | CLCO |
Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.2 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 Cool Company 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 Cool Company by adding Cool Company to a well-diversified portfolio.
Things to note about Cool Company Oy performance evaluation
Checking the ongoing alerts about Cool Company for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cool Company Oy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cool Company Oy generated a negative expected return over the last 90 days |
- Analyzing Cool Company'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 Cool Company's stock is overvalued or undervalued compared to its peers.
- Examining Cool Company'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 Cool Company's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cool Company's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cool Company's stock. These opinions can provide insight into Cool Company's potential for growth and whether the stock is currently undervalued or overvalued.