Commscope Stock Performance

COMM
 Stock
  

USD 9.30  0.70  7.00%   

On a scale of 0 to 100, Commscope Holding holds a performance score of 13. The firm shows a Beta (market volatility) of 2.0697, which signifies a somewhat significant risk relative to the market. Let's try to break down what Commscope's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Commscope Holding will likely underperform. Although it is vital to follow Commscope Holding historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-seven technical indicators for Commscope Holding, which you can use to evaluate the performance of the firm. Please makes use of Commscope Holding downside variance, and the relationship between the sortino ratio and accumulation distribution to make a quick decision on whether Commscope Holding price patterns will revert.
  
Commscope Performance
13 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Commscope Holding are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Even with relatively conflicting primary indicators, Commscope Holding revealed solid returns over the last few months and may actually be approaching a breakup point. ...more

Commscope Price Channel

Quick Ratio0.86
Fifty Two Week Low5.56
Target High Price15.00
Fifty Two Week High14.12
Target Low Price6.00

Commscope Holding Relative Risk vs. Return Landscape

If you would invest  632.00  in Commscope Holding on July 2, 2022 and sell it today you would earn a total of  298.00  from holding Commscope Holding or generate 47.15% return on investment over 90 days. Commscope Holding is currently generating 0.6997% in daily expected returns and assumes 3.9052% risk (volatility on return distribution) over the 90 days horizon. In different words, 33% of stocks are less volatile than Commscope, and 87% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Commscope Holding is expected to generate 3.41 times more return on investment than the market. However, the company is 3.41 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Commscope Holding Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Commscope Holding's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Commscope Holding, and traders can use it to determine the average amount a Commscope Holding'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 = 0.1792

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Estimated Market Risk
 3.91
  actual daily
 
 33 %
of total potential
 
3333
Expected Return
 0.7
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 13 %
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1313
Risk-Adjusted Return
 0.18
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 13 %
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1313
Based on monthly moving average Commscope Holding is performing at about 13% of its full potential. 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 Commscope Holding by adding it to a well-diversified portfolio.

About Commscope Holding Performance

To evaluate Commscope Holding 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 Commscope Holding 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 Commscope 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 Commscope Holding market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Commscope'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.
CommScope Holding Company, Inc. provides infrastructure solutions for communications and entertainment networks. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina. Commscope Holding operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 30000 people.

Things to note about Commscope Holding

Checking the ongoing alerts about Commscope Holding for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Commscope Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Commscope Holding Alerts

Equity Alerts and Improvement Suggestions

Commscope Holding appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 8.74 B. Net Loss for the year was (562.4 M) with profit before overhead, payroll, taxes, and interest of 2.68 B.
Over 93.0% of the company shares are held by institutions such as insurance companies
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Is Commscope Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commscope Holding. If investors know Commscope will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commscope Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Commscope Holding is measured differently than its book value, which is the value of Commscope that is recorded on the company's balance sheet. Investors also form their own opinion of Commscope Holding's value that differs from its market value or its book value, called intrinsic value, which is Commscope Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commscope Holding's market value can be influenced by many factors that don't directly affect Commscope Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commscope Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine Commscope Holding value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commscope Holding'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.