Change Financial (Australia) Performance
| CCA Stock | 0.06 0 6.25% |
The firm shows a Beta (market volatility) of -0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Change Financial are expected to decrease at a much lower rate. During the bear market, Change Financial is likely to outperform the market. At this point, Change Financial has a negative expected return of -0.28%. Please make sure to confirm Change Financial's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Change Financial 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 Change Financial Limited 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 basic 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 145:141 | Last Split Date 2022-08-05 |
1 | Indian stock market 8 things that changed for market overnight- Gift Nifty, US retail sales, ECB rate cut to Q2 results Stock Market News - Mint | 10/18/2024 |
2 | Insider Buying Change Financial Non-Executive Director Bought US250k Of Shares - Simply Wall St | 11/20/2024 |
3 | Multibagger penny stock hits 5 percent upper circuit on stock split, rights issue announcement Stock Market News - Mint | 12/04/2024 |
| Begin Period Cash Flow | 5.4 M |
Change |
Change Financial Relative Risk vs. Return Landscape
If you would invest 7.50 in Change Financial Limited on September 24, 2024 and sell it today you would lose (1.50) from holding Change Financial Limited or give up 20.0% of portfolio value over 90 days. Change Financial Limited is producing return of less than zero assuming 3.51% volatility of returns over the 90 days investment horizon. Simply put, 31% of all stocks have less volatile historical return distribution than Change Financial, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Change Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Change Financial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Change Financial Limited, and traders can use it to determine the average amount a Change Financial'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 = -0.0803
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| Negative Returns | CCA |
Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Change Financial 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 Change Financial by adding Change Financial to a well-diversified portfolio.
Change Financial Fundamentals Growth
Change Stock prices reflect investors' perceptions of the future prospects and financial health of Change Financial, and Change Financial 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 Change Stock performance.
| Return On Equity | -0.36 | ||||
| Return On Asset | -0.0989 | ||||
| Profit Margin | (0.24) % | ||||
| Operating Margin | (0.13) % | ||||
| Current Valuation | 37.37 M | ||||
| Shares Outstanding | 686.85 M | ||||
| Price To Book | 4.44 X | ||||
| Price To Sales | 3.87 X | ||||
| Revenue | 10.51 M | ||||
| Gross Profit | 2.42 M | ||||
| EBITDA | (621.17 K) | ||||
| Net Income | (2.57 M) | ||||
| Cash And Equivalents | 1.5 M | ||||
| Total Debt | 156.93 K | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (464.97 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 12.94 M | ||||
| Retained Earnings | (49.44 M) | ||||
About Change Financial Performance
Assessing Change Financial's fundamental ratios provides investors with valuable insights into Change Financial's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Change Financial 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.
Change Financial is entity of Australia. It is traded as Stock on AU exchange.Things to note about Change Financial performance evaluation
Checking the ongoing alerts about Change Financial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Change Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Change Financial generated a negative expected return over the last 90 days | |
| Change Financial has some characteristics of a very speculative penny stock | |
| Change Financial has high historical volatility and very poor performance | |
| Change Financial has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 10.51 M. Net Loss for the year was (2.57 M) with profit before overhead, payroll, taxes, and interest of 2.42 M. | |
| Change Financial Limited has accumulated about 1.5 M in cash with (464.97 K) of positive cash flow from operations. | |
| Roughly 42.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Multibagger penny stock hits 5 percent upper circuit on stock split, rights issue announcement Stock Market News - Mint |
- Analyzing Change Financial'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 Change Financial's stock is overvalued or undervalued compared to its peers.
- Examining Change Financial'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 Change Financial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Change Financial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Change Financial's stock. These opinions can provide insight into Change Financial's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Change Stock Analysis
When running Change Financial's price analysis, check to measure Change Financial'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 Change Financial is operating at the current time. Most of Change Financial's value examination focuses on studying past and present price action to predict the probability of Change Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Change Financial's price. Additionally, you may evaluate how the addition of Change Financial to your portfolios can decrease your overall portfolio volatility.