Cummins (Brazil) Performance
| C1MI34 Stock | BRL 547.05 0.00 0.00% |
On a scale of 0 to 100, Cummins holds a performance score of 8. The firm shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cummins are expected to decrease at a much lower rate. During the bear market, Cummins is likely to outperform the market. Please check Cummins' jensen alpha, value at risk, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether Cummins' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Cummins are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak primary indicators, Cummins sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Quick Ratio | 1.07 | |
| Fifty Two Week Low | 290.00 | |
| Payout Ratio | 35.94% | |
| Fifty Two Week High | 383.92 | |
| Trailing Annual Dividend Yield | 1.62% |
Cummins |
Cummins Relative Risk vs. Return Landscape
If you would invest 46,679 in Cummins on October 13, 2024 and sell it today you would earn a total of 8,026 from holding Cummins or generate 17.19% return on investment over 90 days. Cummins is generating 0.3081% of daily returns and assumes 3.0001% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Cummins, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cummins Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cummins' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cummins, and traders can use it to determine the average amount a Cummins' 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 = 0.1027
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Cummins 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 Cummins by adding it to a well-diversified portfolio.
Cummins Fundamentals Growth
Cummins Stock prices reflect investors' perceptions of the future prospects and financial health of Cummins, and Cummins 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 Cummins Stock performance.
| Return On Equity | 26.44 | |||
| Return On Asset | 7.0 | |||
| Profit Margin | 9.52 % | |||
| Operating Margin | 10.39 % | |||
| Current Valuation | 46.65 B | |||
| Shares Outstanding | 584.81 M | |||
| Price To Earning | 5.22 X | |||
| Price To Book | 5.91 X | |||
| Price To Sales | 8.31 X | |||
| Revenue | 23.15 B | |||
| EBITDA | 3.08 B | |||
| Cash And Equivalents | 2.92 B | |||
| Cash Per Share | 20.33 X | |||
| Total Debt | 4.4 B | |||
| Debt To Equity | 0.50 % | |||
| Book Value Per Share | 55.46 X | |||
| Cash Flow From Operations | 3.32 B | |||
| Earnings Per Share | 62.82 X | |||
About Cummins Performance
By analyzing Cummins' fundamental ratios, stakeholders can gain valuable insights into Cummins' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cummins 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 Cummins has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana. CUMMINS INC operates under Specialty Industrial Machinery classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 57825 people.Things to note about Cummins performance evaluation
Checking the ongoing alerts about Cummins for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cummins help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cummins had very high historical volatility over the last 90 days |
- Analyzing Cummins' 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 Cummins' stock is overvalued or undervalued compared to its peers.
- Examining Cummins' 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 Cummins' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cummins' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cummins' stock. These opinions can provide insight into Cummins' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cummins Stock analysis
When running Cummins' price analysis, check to measure Cummins' 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 Cummins is operating at the current time. Most of Cummins' value examination focuses on studying past and present price action to predict the probability of Cummins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cummins' price. Additionally, you may evaluate how the addition of Cummins to your portfolios can decrease your overall portfolio volatility.
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