Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding CarMax is 'Strong Buy'. Macroaxis provides CarMax buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CarMax positions. The advice algorithm takes into account all of CarMax available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from CarMax buy-and-hold prospective. Please see also CarMax Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon CarMax has a risk adjusted performance of 0.1878, jensen alpha of 0.4434, total risk alpha of 0.1576, sortino ratio of 0.3636 and treynor ratio of 0.5711Macroaxis provides unbiased buy, hold, or sell recommendation on CarMax that should be used to complement current analysts and expert consensus on CarMax. Our buy or sell advice engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure CarMax is not overpriced, please confirm all CarMax fundamentals including its Debt to Equity, and the relationship between Gross Profit and Price to Earnings To Growth . Given that CarMax has Number of Shares Shorted of 17.83M, we suggest you validate CarMax market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
CarMax Trading Alerts and Improvement Suggestions
CarMax has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
CarMax has relatively low volatility with skewness of 2.03 and kurtosis of 7.77. However, we advise all investors to independently investigate CarMax to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.