CMC Magnetics (Taiwan) Performance
| 2323 Stock | TWD 11.10 0.20 1.77% |
The firm owns a Beta (Systematic Risk) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CMC Magnetics' returns are expected to increase less than the market. However, during the bear market, the loss of holding CMC Magnetics is expected to be smaller as well. At this point, CMC Magnetics Corp has a negative expected return of -0.0476%. Please make sure to confirm CMC Magnetics' mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if CMC Magnetics Corp performance from the past will be repeated in the future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days CMC Magnetics Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, CMC Magnetics is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 3.7 B | |
| Total Cashflows From Investing Activities | 125.9 M |
CMC |
CMC Magnetics Relative Risk vs. Return Landscape
If you would invest 1,150 in CMC Magnetics Corp on September 12, 2024 and sell it today you would lose (40.00) from holding CMC Magnetics Corp or give up 3.48% of portfolio value over 90 days. CMC Magnetics Corp is generating negative expected returns and assumes 1.3158% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than CMC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CMC Magnetics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMC Magnetics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CMC Magnetics Corp, and traders can use it to determine the average amount a CMC Magnetics' 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 = -0.0362
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2323 |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CMC Magnetics 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 CMC Magnetics by adding CMC Magnetics to a well-diversified portfolio.
CMC Magnetics Fundamentals Growth
CMC Stock prices reflect investors' perceptions of the future prospects and financial health of CMC Magnetics, and CMC Magnetics 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 | -0.0469 | |||
| Return On Asset | -0.0058 | |||
| Profit Margin | (0.1) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 5.26 B | |||
| Shares Outstanding | 1.02 B | |||
| Price To Earning | 73.33 X | |||
| Price To Book | 0.48 X | |||
| Price To Sales | 0.97 X | |||
| Revenue | 8.71 B | |||
| EBITDA | 1.11 B | |||
| Cash And Equivalents | 6.96 B | |||
| Cash Per Share | 6.39 X | |||
| Total Debt | 1.93 B | |||
| Debt To Equity | 0.20 % | |||
| Book Value Per Share | 15.29 X | |||
| Cash Flow From Operations | (909.44 M) | |||
| Earnings Per Share | 0.19 X | |||
| Total Asset | 24.15 B | |||
| Retained Earnings | (3.9 B) | |||
| Current Asset | 11.83 B | |||
| Current Liabilities | 5.57 B | |||
About CMC Magnetics Performance
Evaluating CMC Magnetics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if CMC Magnetics 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 Magnetics 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.
CMC Magnetics Corporation manufactures and distributes optical discs worldwide. CMC Magnetics Corporation was founded in 1978 and is headquartered in Taipei, Taiwan. CMC MAGNETICS is traded on Taiwan Stock Exchange in Taiwan.Things to note about CMC Magnetics Corp performance evaluation
Checking the ongoing alerts about CMC Magnetics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CMC Magnetics Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CMC Magnetics Corp generated a negative expected return over the last 90 days | |
| CMC Magnetics Corp has accumulated about 6.96 B in cash with (909.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.39. | |
| Roughly 13.0% of the company shares are owned by insiders or employees |
- Analyzing CMC Magnetics' 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 Magnetics' stock is overvalued or undervalued compared to its peers.
- Examining CMC Magnetics' 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 Magnetics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of CMC Magnetics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CMC Magnetics' stock. These opinions can provide insight into CMC Magnetics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for CMC Stock Analysis
When running CMC Magnetics' price analysis, check to measure CMC Magnetics' 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 Magnetics is operating at the current time. Most of CMC Magnetics' value examination focuses on studying past and present price action to predict the probability of CMC Magnetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMC Magnetics' price. Additionally, you may evaluate how the addition of CMC Magnetics to your portfolios can decrease your overall portfolio volatility.