Cathay Pacific Airways Stock Performance

CPCAF Stock  USD 1.16  0.05  4.50%   
On a scale of 0 to 100, Cathay Pacific holds a performance score of 9. The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cathay Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cathay Pacific is expected to be smaller as well. Please check Cathay Pacific's treynor ratio, daily balance of power, price action indicator, as well as the relationship between the skewness and day median price , to make a quick decision on whether Cathay Pacific's price patterns will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Cathay Pacific Airways are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Cathay Pacific reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow6.2 B
Total Cashflows From Investing Activities493 M
  

Cathay Pacific Relative Risk vs. Return Landscape

If you would invest  101.00  in Cathay Pacific Airways on December 29, 2023 and sell it today you would earn a total of  15.00  from holding Cathay Pacific Airways or generate 14.85% return on investment over 90 days. Cathay Pacific Airways is currently producing 0.2462% returns and takes up 1.9836% volatility of returns over 90 trading days. Put another way, 17% of traded pink sheets are less volatile than Cathay, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Cathay Pacific is expected to generate 3.49 times more return on investment than the market. However, the company is 3.49 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of risk.

Cathay Pacific Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathay Pacific's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Cathay Pacific Airways, and traders can use it to determine the average amount a Cathay Pacific'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 = 0.1241

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Estimated Market Risk

 1.98
  actual daily
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83% of assets are more volatile

Expected Return

 0.25
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96% of assets have higher returns

Risk-Adjusted Return

 0.12
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91% of assets perform better
Based on monthly moving average Cathay Pacific is performing at about 9% 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 Cathay Pacific by adding it to a well-diversified portfolio.

Cathay Pacific Fundamentals Growth

Cathay Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Cathay Pacific, and Cathay Pacific 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 Cathay Pink Sheet performance.

About Cathay Pacific Performance

To evaluate Cathay Pacific Airways Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cathay Pacific generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cathay Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cathay Pacific Airways market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cathay's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Cathay Pacific Airways Limited, together with its subsidiaries, operates as a carrier of international passengers and air cargo. Cathay Pacific Airways Limited was founded in 1946 and is headquartered in Lantau Island, Hong Kong. Cathay Pacific is traded on OTC Exchange in the United States.

Things to note about Cathay Pacific Airways performance evaluation

Checking the ongoing alerts about Cathay Pacific for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Cathay Pacific Airways help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Cathay Pacific may become a speculative penny stock
The company has accumulated 39.06 B in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Cathay Pacific Airways has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cathay Pacific until it has trouble settling it off, either with new capital or with free cash flow. So, Cathay Pacific's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cathay Pacific Airways sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cathay to invest in growth at high rates of return. When we think about Cathay Pacific's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 45.59 B. Net Loss for the year was (5.53 B) with profit before overhead, payroll, taxes, and interest of 15.89 B.
About 85.0% of Cathay Pacific shares are held by company insiders
Evaluating Cathay Pacific's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Cathay Pacific's pink sheet performance include:
  • Analyzing Cathay Pacific'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 Cathay Pacific's stock is overvalued or undervalued compared to its peers.
  • Examining Cathay Pacific'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 Cathay Pacific's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cathay Pacific's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Cathay Pacific's pink sheet. These opinions can provide insight into Cathay Pacific's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Cathay Pacific's pink sheet performance is not an exact science, and many factors can impact Cathay Pacific's pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay Pacific Airways. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Cathay Pacific Airways information on this page should be used as a complementary analysis to other Cathay Pacific's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Cathay Pink Sheet analysis

When running Cathay Pacific's price analysis, check to measure Cathay Pacific'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 Cathay Pacific is operating at the current time. Most of Cathay Pacific's value examination focuses on studying past and present price action to predict the probability of Cathay Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Pacific's price. Additionally, you may evaluate how the addition of Cathay Pacific to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Cathay Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cathay Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cathay Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.