Char Technologies Stock Performance

YES Stock  CAD 0.40  0.01  2.44%   
The firm owns a Beta (Systematic Risk) of 1.17, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CHAR Technologies will likely underperform. Although it is important to respect CHAR Technologies existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. CHAR Technologies at this moment owns a risk of 4.71%. Please confirm CHAR Technologies treynor ratio and the relationship between the skewness and price action indicator to decide if CHAR Technologies will be following its current price history.

Risk-Adjusted Performance

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Very Weak
Over the last 90 days CHAR Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, CHAR Technologies is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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Does CHAR Technologies Have A Healthy Balance Sheet - Simply Wall St
Begin Period Cash Flow460.5 K

CHAR Technologies Relative Risk vs. Return Landscape

If you would invest  42.00  in CHAR Technologies on November 24, 2023 and sell it today you would lose (2.00) from holding CHAR Technologies or give up 4.76% of portfolio value over 90 days. CHAR Technologies is currently producing 0.0278% returns and takes up 4.7137% volatility of returns over 90 trading days. Put another way, 41% of traded stocks are less volatile than CHAR, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
Assuming the 90 days horizon CHAR Technologies is expected to generate 5.11 times less return on investment than the market. In addition to that, the company is 7.26 times more volatile than its market benchmark. It trades about 0.01 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.22 per unit of volatility.

CHAR Technologies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for CHAR Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CHAR Technologies, and traders can use it to determine the average amount a CHAR Technologies' 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 = 0.0059

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Estimated Market Risk

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59% of assets are more volatile

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Risk-Adjusted Return

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Based on monthly moving average CHAR Technologies 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 CHAR Technologies by adding CHAR Technologies to a well-diversified portfolio.

CHAR Technologies Fundamentals Growth

CHAR Stock prices reflect investors' perceptions of the future prospects and financial health of CHAR Technologies, and CHAR Technologies 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 CHAR Stock performance.

About CHAR Technologies Performance

To evaluate CHAR Technologies 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 CHAR Technologies 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 CHAR 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 CHAR Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CHAR'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.
CHAR Technologies Ltd., a technology company, commercializes and sells hydrogen sulfide recovery system to solve the problem caused by toxic and corrosive hydrogen sulfide in the biogas industry. CHAR Technologies Ltd. was founded in 2011 and is headquartered in Toronto, Canada. CHAR TECHNOLOGIES is traded on TSX Venture Exchange in Canada.

Things to note about CHAR Technologies performance evaluation

Checking the ongoing alerts about CHAR Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CHAR Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
CHAR Technologies has some characteristics of a very speculative penny stock
CHAR Technologies had very high historical volatility over the last 90 days
CHAR Technologies has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 2 M. Net Loss for the year was (8.43 M) with profit before overhead, payroll, taxes, and interest of 642.01 K.
CHAR Technologies has accumulated about 466.19 K in cash with (4.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 19.0% of the company outstanding shares are owned by insiders
Latest headline from Does CHAR Technologies Have A Healthy Balance Sheet - Simply Wall St
Evaluating CHAR Technologies' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate CHAR Technologies' stock performance include:
  • Analyzing CHAR Technologies' 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 CHAR Technologies' stock is overvalued or undervalued compared to its peers.
  • Examining CHAR Technologies' 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 CHAR Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of CHAR Technologies' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of CHAR Technologies' stock. These opinions can provide insight into CHAR Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating CHAR Technologies' stock performance is not an exact science, and many factors can impact CHAR Technologies' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for CHAR Stock analysis

When running CHAR Technologies' price analysis, check to measure CHAR Technologies' 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 CHAR Technologies is operating at the current time. Most of CHAR Technologies' value examination focuses on studying past and present price action to predict the probability of CHAR Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHAR Technologies' price. Additionally, you may evaluate how the addition of CHAR Technologies to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CHAR Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if CHAR Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHAR Technologies' 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.