Comvita Limited Stock Performance
| CVNZF Stock | USD 1.56 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Comvita's returns are expected to increase less than the market. However, during the bear market, the loss of holding Comvita is expected to be smaller as well. Comvita Limited has an expected return of -0.26%. Please make sure to confirm Comvita Limited standard deviation and skewness , to decide if Comvita Limited 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 Comvita Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 16.3 M | |
| Total Cashflows From Investing Activities | -13.2 M |
Comvita |
Comvita Relative Risk vs. Return Landscape
If you would invest 187.00 in Comvita Limited on January 25, 2024 and sell it today you would lose (31.00) from holding Comvita Limited or give up 16.58% of portfolio value over 90 days. Comvita Limited is currently producing negative expected returns and takes up 2.1027% volatility of returns over 90 trading days. Put another way, 18% of traded pink sheets are less volatile than Comvita, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Comvita Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comvita's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Comvita Limited, and traders can use it to determine the average amount a Comvita'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 = -0.125
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| Negative Returns | CVNZF |
Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Comvita 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 Comvita by adding Comvita to a well-diversified portfolio.
Comvita Fundamentals Growth
Comvita Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Comvita, and Comvita 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 Comvita Pink Sheet performance.
| Return On Equity | 0.0568 | |||
| Return On Asset | 0.0405 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 307.29 M | |||
| Shares Outstanding | 69.73 M | |||
| Price To Earning | 22.41 X | |||
| Price To Book | 0.85 X | |||
| Price To Sales | 0.67 X | |||
| Revenue | 209.09 M | |||
| EBITDA | 30.66 M | |||
| Cash And Equivalents | 17.76 M | |||
| Cash Per Share | 0.25 X | |||
| Total Debt | 43.3 M | |||
| Debt To Equity | 0.25 % | |||
| Book Value Per Share | 3.27 X | |||
| Cash Flow From Operations | 2.83 M | |||
| Earnings Per Share | 0.11 X | |||
| Total Asset | 332.78 M | |||
| Retained Earnings | 27 M | |||
| Current Asset | 110 M | |||
| Current Liabilities | 30 M | |||
About Comvita Performance
To evaluate Comvita Limited 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 Comvita 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 Comvita 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 Comvita Limited market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Comvita'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.Comvita Limited, together with its subsidiaries, engages in manufacturing and marketing natural health products in Australia, New Zealand, China, rest of Asia, North America, Europe, the Middle East, Africa, and internationally. Comvita Limited was incorporated in 1974 and is based in Te Puke, New Zealand. Comvita New operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 550 people.Things to note about Comvita Limited performance evaluation
Checking the ongoing alerts about Comvita for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Comvita Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Comvita Limited generated a negative expected return over the last 90 days | |
| Comvita Limited may become a speculative penny stock | |
| About 39.0% of the company shares are held by company insiders |
- Analyzing Comvita'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 Comvita's stock is overvalued or undervalued compared to its peers.
- Examining Comvita'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 Comvita's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Comvita's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Comvita's pink sheet. These opinions can provide insight into Comvita'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 Comvita Limited. 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 Comvita Limited information on this page should be used as a complementary analysis to other Comvita'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 Comvita Pink Sheet analysis
When running Comvita's price analysis, check to measure Comvita'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 Comvita is operating at the current time. Most of Comvita's value examination focuses on studying past and present price action to predict the probability of Comvita's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comvita's price. Additionally, you may evaluate how the addition of Comvita to your portfolios can decrease your overall portfolio volatility.
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