CECO Environmental Corp Performance
The firm owns a Beta (Systematic Risk) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CECO Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding CECO Environmental is expected to be smaller as well. CECO Environmental Corp at this moment owns a risk of 0.0%. Please confirm CECO Environmental Corp variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha , to decide if CECO Environmental Corp will be following its current price history.
Risk-Adjusted Performance
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Over the last 90 days CECO Environmental Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, CECO Environmental is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 37.8 M | |
| Total Cashflows From Investing Activities | -2.1 M |
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CECO Environmental Relative Risk vs. Return Landscape
If you would invest (100.00) in CECO Environmental Corp on January 25, 2024 and sell it today you would earn a total of 100.00 from holding CECO Environmental Corp or generate -100.0% return on investment over 90 days. CECO Environmental Corp is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than CECO, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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CECO Environmental Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CECO Environmental's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CECO Environmental Corp, and traders can use it to determine the average amount a CECO Environmental'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 = 0.0
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Based on monthly moving average CECO Environmental 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 CECO Environmental by adding CECO Environmental to a well-diversified portfolio.
CECO Environmental Fundamentals Growth
CECO Stock prices reflect investors' perceptions of the future prospects and financial health of CECO Environmental, and CECO Environmental 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 CECO Stock performance.
| Return On Equity | 0.0376 | |||
| Return On Asset | 0.0281 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 498.9 M | |||
| Shares Outstanding | 34.5 M | |||
| Price To Earning | 58.25 X | |||
| Price To Book | 2.05 X | |||
| Price To Sales | 1.08 X | |||
| Revenue | 324.14 M | |||
| EBITDA | 16.92 M | |||
| Cash And Equivalents | 34.42 M | |||
| Cash Per Share | 1.00 X | |||
| Total Debt | 61.58 M | |||
| Debt To Equity | 0.52 % | |||
| Book Value Per Share | 5.95 X | |||
| Cash Flow From Operations | 13.3 M | |||
| Earnings Per Share | 0.20 X | |||
| Total Asset | 416.2 M | |||
| Retained Earnings | (47.56 M) | |||
| Current Asset | 228.46 M | |||
| Current Liabilities | 148.17 M | |||
About CECO Environmental Performance
To evaluate CECO Environmental Corp 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 CECO Environmental 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 CECO 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 CECO Environmental Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CECO'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.CECO Environmental Corp. provides industrial air quality and fluid handling systems worldwide. CECO Environmental Corp. was incorporated in 1966 and is headquartered in Dallas, Texas. C E operates under Pollution Treatment Controls classification in the United States and is traded on NASDAQ Exchange. It employs 730 people.Things to note about CECO Environmental Corp performance evaluation
Checking the ongoing alerts about CECO Environmental for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CECO Environmental Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CECO Environmental is not yet fully synchronised with the market data | |
| CECO Environmental has some characteristics of a very speculative penny stock | |
| CECO Environmental has a very high chance of going through financial distress in the upcoming years | |
| About 66.0% of the company shares are held by institutions such as insurance companies |
- Analyzing CECO Environmental'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 CECO Environmental's stock is overvalued or undervalued compared to its peers.
- Examining CECO Environmental'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 CECO Environmental's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CECO Environmental's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CECO Environmental's stock. These opinions can provide insight into CECO Environmental'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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the CECO Environmental Corp information on this page should be used as a complementary analysis to other CECO Environmental'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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in CECO Stock
If you are still planning to invest in CECO Environmental Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CECO Environmental's history and understand the potential risks before investing.
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