CMC Corp (Vietnam) Performance
| CMG Stock | 55,000 800.00 1.43% |
CMC Corp has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CMC Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding CMC Corp is expected to be smaller as well. CMC Corp at this time owns a risk of 2.2%. Please confirm CMC Corp potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if CMC Corp will be following its current price history.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in CMC Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical and fundamental indicators, CMC Corp may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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CMC Corp Relative Risk vs. Return Landscape
If you would invest 5,150,000 in CMC Corp on September 26, 2024 and sell it today you would earn a total of 350,000 from holding CMC Corp or generate 6.8% return on investment over 90 days. CMC Corp is generating 0.1265% of daily returns assuming 2.1965% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than CMC Corp, and 98% 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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CMC Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMC Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CMC Corp, and traders can use it to determine the average amount a CMC Corp'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 = 0.0576
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| Cash | Small Risk | CMG | High Risk | Huge Risk |
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Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average CMC Corp is performing at about 4% 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 Corp by adding it to a well-diversified portfolio.
Things to note about CMC Corp performance evaluation
Checking the ongoing alerts about CMC Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CMC Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating CMC Corp's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate CMC Corp's stock performance include:- Analyzing CMC Corp'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 CMC Corp's stock is overvalued or undervalued compared to its peers.
- Examining CMC Corp'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 CMC Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CMC Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CMC Corp's stock. These opinions can provide insight into CMC Corp's potential for growth and whether the stock is currently undervalued or overvalued.