Carrier Global (Germany) Performance
| 4PN Stock | EUR 64.05 0.22 0.34% |
The firm shows a Beta (market volatility) of 0.65, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Carrier Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carrier Global is expected to be smaller as well. At this point, Carrier Global has a negative expected return of -0.15%. Please make sure to confirm Carrier Global's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Carrier Global 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 Carrier Global has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile 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
| Begin Period Cash Flow | 3 B |
Carrier |
Carrier Global Relative Risk vs. Return Landscape
If you would invest 7,140 in Carrier Global on September 22, 2024 and sell it today you would lose (735.00) from holding Carrier Global or give up 10.29% of portfolio value over 90 days. Carrier Global is currently producing negative expected returns and takes up 2.019% volatility of returns over 90 trading days. Put another way, 17% of traded stocks are less volatile than Carrier, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Carrier Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carrier Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Carrier Global, and traders can use it to determine the average amount a Carrier Global'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 = -0.0726
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4PN |
Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.15 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 Carrier Global 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 Carrier Global by adding Carrier Global to a well-diversified portfolio.
Carrier Global Fundamentals Growth
Carrier Stock prices reflect investors' perceptions of the future prospects and financial health of Carrier Global, and Carrier Global 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 Carrier Stock performance.
| Return On Equity | 0.47 | |||
| Return On Asset | 0.0597 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 40.84 B | |||
| Shares Outstanding | 834.19 M | |||
| Price To Earning | 20.58 X | |||
| Price To Book | 5.09 X | |||
| Price To Sales | 1.64 X | |||
| Revenue | 20.42 B | |||
| EBITDA | 4.97 B | |||
| Cash And Equivalents | 2.63 B | |||
| Cash Per Share | 3.03 X | |||
| Total Debt | 8.7 B | |||
| Debt To Equity | 1.46 % | |||
| Book Value Per Share | 9.30 X | |||
| Cash Flow From Operations | 1.74 B | |||
| Earnings Per Share | 3.87 X | |||
| Total Asset | 26.09 B | |||
About Carrier Global Performance
By analyzing Carrier Global's fundamental ratios, stakeholders can gain valuable insights into Carrier Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Carrier Global 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 Carrier Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Carrier Global Corporation provides heating, ventilating, and air conditioning , refrigeration, fire, security, and building automation technologies worldwide. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida. CARRIER GLBL operates under Building Products Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 56000 people.Things to note about Carrier Global performance evaluation
Checking the ongoing alerts about Carrier Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Carrier Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Carrier Global generated a negative expected return over the last 90 days | |
| Over 88.0% of the company shares are owned by institutions such as pension funds |
- Analyzing Carrier Global'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 Carrier Global's stock is overvalued or undervalued compared to its peers.
- Examining Carrier Global'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 Carrier Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carrier Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carrier Global's stock. These opinions can provide insight into Carrier Global's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Carrier Stock analysis
When running Carrier Global's price analysis, check to measure Carrier Global'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 Carrier Global is operating at the current time. Most of Carrier Global's value examination focuses on studying past and present price action to predict the probability of Carrier Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Global's price. Additionally, you may evaluate how the addition of Carrier Global to your portfolios can decrease your overall portfolio volatility.
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