C Mer Price to Book vs. Beta

CMER Stock  ILA 1,370  5.00  0.37%   
Considering C Mer's profitability and operating efficiency indicators, C Mer Industries may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess C Mer's ability to earn profits and add value for shareholders.
For C Mer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of C Mer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well C Mer Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between C Mer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of C Mer Industries over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between C Mer's value and its price as these two are different measures arrived at by different means. Investors typically determine if C Mer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, C Mer'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.

C Mer Industries Beta vs. Price to Book Fundamental Analysis

CMER Beta vs. Price to Book

C Mer

 = 
null
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

C Mer

Beta

 = 

Covariance

Variance

 = 
0.42
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

CMER Beta Comparison

C Mer is currently under evaluation in beta category among related companies.

Use C Mer in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if C Mer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in C Mer will appreciate offsetting losses from the drop in the long position's value.

C Mer Pair Trading

C Mer Industries Pair Trading Analysis

The ability to find closely correlated positions to C Mer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace C Mer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back C Mer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling C Mer Industries to buy it.
The correlation of C Mer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as C Mer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if C Mer Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for C Mer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your C Mer position

In addition to having C Mer in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Broad Sovereign ETFs Thematic Idea Now

Broad Sovereign ETFs
Broad Sovereign ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Sovereign ETFs Theme or any other thematic opportunities.
View All  Next Launch
Check out Trending Equities.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for CMER Stock analysis

When running C Mer's price analysis, check to measure C Mer'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 C Mer is operating at the current time. Most of C Mer's value examination focuses on studying past and present price action to predict the probability of C Mer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C Mer's price. Additionally, you may evaluate how the addition of C Mer to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
CEOs Directory
Screen CEOs from public companies around the world
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
To fully project C Mer's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of C Mer Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include C Mer's income statement, its balance sheet, and the statement of cash flows.
Potential C Mer investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although C Mer investors may work on each financial statement separately, they are all related. The changes in C Mer's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on C Mer's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.