Carasent ASA (Norway) Performance
| CARA Stock | 20.60 1.05 5.37% |
On a scale of 0 to 100, Carasent ASA holds a performance score of 7. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Carasent ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carasent ASA is expected to be smaller as well. Please check Carasent ASA's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Carasent ASA's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Carasent ASA are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Carasent ASA disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 221.2 M | |
| Total Cashflows From Investing Activities | -125.1 M |
Carasent |
Carasent ASA Relative Risk vs. Return Landscape
If you would invest 1,815 in Carasent ASA on September 2, 2024 and sell it today you would earn a total of 245.00 from holding Carasent ASA or generate 13.5% return on investment over 90 days. Carasent ASA is generating 0.2151% of daily returns and assumes 2.1694% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Carasent, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Carasent ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carasent ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Carasent ASA, and traders can use it to determine the average amount a Carasent ASA'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 = 0.0991
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Carasent ASA is performing at about 7% 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 Carasent ASA by adding it to a well-diversified portfolio.
Carasent ASA Fundamentals Growth
Carasent Stock prices reflect investors' perceptions of the future prospects and financial health of Carasent ASA, and Carasent ASA 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 Carasent Stock performance.
| Return On Equity | 0.0392 | |||
| Return On Asset | 0.0035 | |||
| Profit Margin | 0.26 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 627.64 M | |||
| Shares Outstanding | 79.62 M | |||
| Price To Book | 1.10 X | |||
| Price To Sales | 8.00 X | |||
| Revenue | 137.12 M | |||
| EBITDA | 27.72 M | |||
| Book Value Per Share | 15.47 X | |||
| Cash Flow From Operations | 32.48 M | |||
| Earnings Per Share | 0.61 X | |||
| Total Asset | 1.3 B | |||
About Carasent ASA Performance
By examining Carasent ASA's fundamental ratios, stakeholders can obtain critical insights into Carasent ASA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Carasent ASA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Carasent ASA performance evaluation
Checking the ongoing alerts about Carasent ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Carasent ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Carasent ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 137.12 M. Net Loss for the year was (148 K) with profit before overhead, payroll, taxes, and interest of 112.9 M. | |
| About 16.0% of the company shares are held by company insiders |
- Analyzing Carasent ASA'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 Carasent ASA's stock is overvalued or undervalued compared to its peers.
- Examining Carasent ASA'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 Carasent ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carasent ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carasent ASA's stock. These opinions can provide insight into Carasent ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Carasent Stock
Carasent ASA financial ratios help investors to determine whether Carasent Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Carasent with respect to the benefits of owning Carasent ASA security.