Carmit (Israel) Performance
| CRMT Stock | ILA 1,059 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.0962, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Carmit are expected to decrease at a much lower rate. During the bear market, Carmit is likely to outperform the market. Carmit has an expected return of -0.0763%. Please make sure to confirm Carmit sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Carmit 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 Carmit has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Carmit is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 8 M | |
| Total Cashflows From Investing Activities | -65.3 M |
Carmit |
Carmit Relative Risk vs. Return Landscape
If you would invest 110,700 in Carmit on January 26, 2024 and sell it today you would lose (4,800) from holding Carmit or give up 4.34% of portfolio value over 90 days. Carmit is generating negative expected returns and assumes 1.8051% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Carmit, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Carmit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carmit's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Carmit, and traders can use it to determine the average amount a Carmit'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 = -0.0423
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| Negative Returns | CRMT |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Carmit 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 Carmit by adding Carmit to a well-diversified portfolio.
Carmit Fundamentals Growth
Carmit Stock prices reflect investors' perceptions of the future prospects and financial health of Carmit, and Carmit 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 Carmit Stock performance.
| Return On Equity | -0.16 | |||
| Return On Asset | -0.0325 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 185.83 M | |||
| Shares Outstanding | 5.59 M | |||
| Price To Book | 0.82 X | |||
| Price To Sales | 0.31 X | |||
| Revenue | 178.67 M | |||
| EBITDA | (1.59 M) | |||
| Cash And Equivalents | 8.73 M | |||
| Cash Per Share | 1.56 X | |||
| Debt To Equity | 0.69 % | |||
| Book Value Per Share | 13.05 X | |||
| Cash Flow From Operations | 7.06 M | |||
| Earnings Per Share | (1.73) X | |||
| Total Asset | 232.13 M | |||
| Retained Earnings | 19 M | |||
| Current Asset | 65 M | |||
| Current Liabilities | 39 M | |||
About Carmit Performance
To evaluate Carmit Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Carmit 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 Carmit Stock'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 Carmit market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Carmit'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.Carmit Candy Industries Ltd. engages in the manufacture and supply of gluten free foods and confectionery products for food companies and retailers worldwide. The company was incorporated in 1973 and is based in Rishon LeZion, Israel. CARMIT CANDY is traded on Tel Aviv Stock Exchange in Israel.Things to note about Carmit performance evaluation
Checking the ongoing alerts about Carmit for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Carmit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Carmit generated a negative expected return over the last 90 days | |
| The company reported the revenue of 178.67 M. Net Loss for the year was (9.65 M) with profit before overhead, payroll, taxes, and interest of 26.11 M. | |
| About 65.0% of the company shares are held by company insiders |
- Analyzing Carmit'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 Carmit's stock is overvalued or undervalued compared to its peers.
- Examining Carmit'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 Carmit's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carmit's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carmit's stock. These opinions can provide insight into Carmit's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carmit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Carmit Stock analysis
When running Carmit's price analysis, check to measure Carmit'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 Carmit is operating at the current time. Most of Carmit's value examination focuses on studying past and present price action to predict the probability of Carmit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carmit's price. Additionally, you may evaluate how the addition of Carmit to your portfolios can decrease your overall portfolio volatility.
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