Conair Stock Performance
| CNGA Stock | USD 0.45 0.00 0.00% |
Conair has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Conair's returns are expected to increase less than the market. However, during the bear market, the loss of holding Conair is expected to be smaller as well. Conair right now shows a risk of 2.69%. Please confirm Conair treynor ratio and the relationship between the skewness and day typical price , to decide if Conair will be following its price patterns.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Conair are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent technical and fundamental indicators, Conair may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
Conair |
Conair Relative Risk vs. Return Landscape
If you would invest 42.00 in Conair on October 6, 2024 and sell it today you would earn a total of 3.00 from holding Conair or generate 7.14% return on investment over 90 days. Conair is currently generating 0.1392% in daily expected returns and assumes 2.6855% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of pink sheets are less volatile than Conair, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Conair Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conair's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Conair, and traders can use it to determine the average amount a Conair'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 = 0.0518
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Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Conair 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 Conair by adding it to a well-diversified portfolio.
Conair Fundamentals Growth
Conair Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Conair, and Conair 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 Conair Pink Sheet performance.
| Current Valuation | 2.04 M | |||
| Cash And Equivalents | 8.42 M | |||
| Cash Per Share | 199.50 X | |||
| Total Debt | 145.87 M | |||
| Debt To Equity | 0.82 % | |||
| Cash Flow From Operations | 15.97 M | |||
About Conair Performance
By analyzing Conair's fundamental ratios, stakeholders can gain valuable insights into Conair's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Conair 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 Conair has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Conair Corporation engages in the installation and servicing of commercial air conditioning, heating, refrigeration, and ventilation systems. The company was founded in 1963 and is based in Garden City Park, New York. CONAIR CORP operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange.Things to note about Conair performance evaluation
Checking the ongoing alerts about Conair for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Conair help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Conair has some characteristics of a very speculative penny stock |
- Analyzing Conair'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 Conair's stock is overvalued or undervalued compared to its peers.
- Examining Conair'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 Conair's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Conair's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Conair's pink sheet. These opinions can provide insight into Conair's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Conair Pink Sheet analysis
When running Conair's price analysis, check to measure Conair'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 Conair is operating at the current time. Most of Conair's value examination focuses on studying past and present price action to predict the probability of Conair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conair's price. Additionally, you may evaluate how the addition of Conair to your portfolios can decrease your overall portfolio volatility.
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