Conico (Australia) Performance
| CNJ Stock | 0.01 0.00 0.00% |
The firm shows a Beta (market volatility) of 3.6, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Conico will likely underperform. At this point, Conico has a negative expected return of -0.78%. Please make sure to confirm Conico's jensen alpha, skewness, rate of daily change, as well as the relationship between the maximum drawdown and kurtosis , to decide if Conico 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 Conico has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's forward-looking indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 1:10 | Last Split Date 2024-12-10 |
1 | Conico Limited Announces Security Consolidation Plan - TipRanks | 10/30/2024 |
2 | Conico Limited Passes Key Resolutions to Boost Flexibility - TipRanks | 11/27/2024 |
| Begin Period Cash Flow | 733.9 K |
Conico |
Conico Relative Risk vs. Return Landscape
If you would invest 2.00 in Conico on September 19, 2024 and sell it today you would lose (1.00) from holding Conico or give up 50.0% of portfolio value over 90 days. Conico is producing return of less than zero assuming 6.25% volatility of returns over the 90 days investment horizon. Simply put, 55% of all stocks have less volatile historical return distribution than Conico, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Conico Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conico's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Conico, and traders can use it to determine the average amount a Conico'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 = -0.125
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| Negative Returns | CNJ |
Estimated Market Risk
| 6.25 actual daily | 55 55% of assets are less volatile |
Expected Return
| -0.78 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Conico 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 Conico by adding Conico to a well-diversified portfolio.
Conico Fundamentals Growth
Conico Stock prices reflect investors' perceptions of the future prospects and financial health of Conico, and Conico 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 Conico Stock performance.
| Return On Equity | -1.72 | ||||
| Return On Asset | -1.05 | ||||
| Current Valuation | 1.77 M | ||||
| Shares Outstanding | 220.15 M | ||||
| Price To Book | 0.68 X | ||||
| Price To Sales | 6.74 X | ||||
| Revenue | (1) | ||||
| Gross Profit | 82.15 K | ||||
| EBITDA | (35.05 M) | ||||
| Net Income | (35.08 M) | ||||
| Total Debt | 254.74 K | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (578.52 K) | ||||
| Earnings Per Share | (0.22) X | ||||
| Total Asset | 3.47 M | ||||
| Retained Earnings | (42.38 M) | ||||
About Conico Performance
Assessing Conico's fundamental ratios provides investors with valuable insights into Conico's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Conico is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Conico is entity of Australia. It is traded as Stock on AU exchange.Things to note about Conico performance evaluation
Checking the ongoing alerts about Conico for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Conico help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Conico generated a negative expected return over the last 90 days | |
| Conico has high historical volatility and very poor performance | |
| Conico has some characteristics of a very speculative penny stock | |
| Conico has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (35.08 M) with profit before overhead, payroll, taxes, and interest of 82.15 K. | |
| Conico generates negative cash flow from operations | |
| About 13.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Conico Limited Passes Key Resolutions to Boost Flexibility - TipRanks |
- Analyzing Conico'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 Conico's stock is overvalued or undervalued compared to its peers.
- Examining Conico'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 Conico's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Conico's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Conico's stock. These opinions can provide insight into Conico's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Conico Stock Analysis
When running Conico's price analysis, check to measure Conico'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 Conico is operating at the current time. Most of Conico's value examination focuses on studying past and present price action to predict the probability of Conico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conico's price. Additionally, you may evaluate how the addition of Conico to your portfolios can decrease your overall portfolio volatility.