Cmc Metals Stock Performance
| CMB Stock | CAD 0.02 0.01 33.33% |
CMC Metals holds a performance score of 8 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CMC Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding CMC Metals is expected to be smaller as well. Use CMC Metals treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to analyze future returns on CMC Metals.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in CMC Metals are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, CMC Metals showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 2:5 | Dividend Date 2018-09-27 | Last Split Date 2018-09-27 |
1 | SP 500 Index Quote - Press Release - The Globe and Mail | 09/13/2024 |
2 | Deerfield Management Company L.P. Series C Invests 721,000 in Commercial Metals - MarketBeat | 09/27/2024 |
| Begin Period Cash Flow | 891.7 K |
CMC |
CMC Metals Relative Risk vs. Return Landscape
If you would invest 2.00 in CMC Metals on August 25, 2024 and sell it today you would earn a total of 0.00 from holding CMC Metals or generate 0.0% return on investment over 90 days. CMC Metals is currently producing 2.3438% returns and takes up 22.5897% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than CMC, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
CMC Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMC Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CMC Metals, and traders can use it to determine the average amount a CMC Metals' 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 = 0.1038
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | CMB | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 22.59 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.34 actual daily | 46 54% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average CMC Metals is performing at about 8% of its full potential. 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 CMC Metals by adding it to a well-diversified portfolio.
CMC Metals Fundamentals Growth
CMC Stock prices reflect investors' perceptions of the future prospects and financial health of CMC Metals, and CMC Metals 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 CMC Stock performance.
| Return On Equity | -1.36 | ||||
| Return On Asset | -0.99 | ||||
| Current Valuation | 2.87 M | ||||
| Shares Outstanding | 157.7 M | ||||
| Price To Earning | 2.00 X | ||||
| Price To Book | 4.59 X | ||||
| EBITDA | (3.57 M) | ||||
| Net Income | (3.49 M) | ||||
| Cash And Equivalents | 10.29 K | ||||
| Total Debt | 38.45 K | ||||
| Debt To Equity | 1.22 % | ||||
| Current Ratio | 0.02 X | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (2.96 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 3.15 M | ||||
| Total Asset | 946.21 K | ||||
| Retained Earnings | (32.32 M) | ||||
| Working Capital | (578.07 K) | ||||
About CMC Metals Performance
Evaluating CMC Metals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if CMC Metals 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 CMC Metals 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 71.56 | 63.61 | |
| Return On Tangible Assets | (4.25) | (4.03) | |
| Return On Capital Employed | (966.37) | (918.06) | |
| Return On Assets | (4.25) | (4.03) | |
| Return On Equity | 5.21 | 5.47 |
Things to note about CMC Metals performance evaluation
Checking the ongoing alerts about CMC Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CMC Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CMC Metals is way too risky over 90 days horizon | |
| CMC Metals has some characteristics of a very speculative penny stock | |
| CMC Metals appears to be risky and price may revert if volatility continues | |
| CMC Metals has high likelihood to experience some financial distress in the next 2 years | |
| CMC Metals has accumulated 38.45 K in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. CMC Metals has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist CMC Metals until it has trouble settling it off, either with new capital or with free cash flow. So, CMC Metals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CMC Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CMC to invest in growth at high rates of return. When we think about CMC Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.49 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CMC Metals has accumulated about 10.29 K in cash with (2.96 M) of positive cash flow from operations. |
- Analyzing CMC Metals' 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 CMC Metals' stock is overvalued or undervalued compared to its peers.
- Examining CMC Metals' 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 CMC Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of CMC Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CMC Metals' stock. These opinions can provide insight into CMC Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for CMC Stock Analysis
When running CMC Metals' price analysis, check to measure CMC Metals' 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 CMC Metals is operating at the current time. Most of CMC Metals' value examination focuses on studying past and present price action to predict the probability of CMC Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMC Metals' price. Additionally, you may evaluate how the addition of CMC Metals to your portfolios can decrease your overall portfolio volatility.