Global Stock Performance

CO
 Stock
  

USD 2.99  0.00  0.00%   

On a scale of 0 to 100, Global Cord holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -0.1104, which attests to not very significant fluctuations relative to the market. Let's try to break down what Global's beta means in this case. As returns on the market increase, returns on owning Global Cord are expected to decrease at a much lower rate. During the bear market, Global Cord is likely to outperform the market. Although it is vital to follow Global Cord Blood current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The philosophy towards determining 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. By evaluating Global Cord Blood technical indicators, you can presently evaluate if the expected return of 0.37% will be sustainable into the future. Please utilizes Global Cord jensen alpha, as well as the relationship between the potential upside and skewness to make a quick decision on whether Global Cord Blood current trending patterns will revert.
  
Global Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Global Cord Blood are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Global Cord disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more

Global Price Channel

Quick Ratio10.55
Fifty Two Week Low2.0300
Fifty Two Week High5.5000
Trailing Annual Dividend Yield3.42%

Global Cord Relative Risk vs. Return Landscape

If you would invest  260.00  in Global Cord Blood on July 9, 2022 and sell it today you would earn a total of  39.00  from holding Global Cord Blood or generate 15.0% return on investment over 90 days. Global Cord Blood is generating 0.3741% of daily returns and assumes 5.8713% volatility on return distribution over the 90 days horizon. Put differently, 51% of stocks are less risky than Global on the basis of their historical return distribution, and some 93% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Allowing for the 90-day total investment horizon Global Cord is expected to generate 4.68 times more return on investment than the market. However, the company is 4.68 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of risk.

Global Cord Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Cord's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Global Cord Blood, and traders can use it to determine the average amount a Global Cord'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 = 0.0637

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Estimated Market Risk
 5.87
  actual daily
 
 50 %
of total potential
 
5050
Expected Return
 0.37
  actual daily
 
 7 %
of total potential
 
77
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
of total potential
 
44
Based on monthly moving average Global Cord is performing at about 4% 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 Global Cord by adding it to a well-diversified portfolio.

About Global Cord Performance

To evaluate Global Cord Blood 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 Global Cord 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 Global 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 Global Cord Blood market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Global'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.
Global Cord Blood Corporation, together with its subsidiaries, provides umbilical cord blood storage and ancillary services in the Peoples Republic of China. Global Cord Blood Corporation operates as a subsidiary of Blue Ocean Structure Investment Company Ltd. Global Cord is traded on New York Stock Exchange in the United States.

Things to note about Global Cord Blood

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

Global Cord Alerts

Equity Alerts and Improvement Suggestions

Global Cord Blood has very high historical volatility over the last 90 days
Global Cord Blood has high likelihood to experience some financial distress in the next 2 years
About 66.0% of the company shares are held by company insiders
Latest headline from www.businesswire.com: Global Cord Blood Corporation Announces Appointment of Joint Provisional Liquidators by The Grand Court Of The Cayman Islands - Business Wire
Continue to Trending Equities. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Global Cord Blood price analysis, check to measure Global Cord'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 Global Cord is operating at the current time. Most of Global Cord's value examination focuses on studying past and present price action to predict the probability of Global Cord's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Global Cord's price. Additionally, you may evaluate how the addition of Global Cord to your portfolios can decrease your overall portfolio volatility.
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Is Global Cord'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 Global Cord. If investors know Global 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 Global Cord 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 Global Cord Blood is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Cord's value that differs from its market value or its book value, called intrinsic value, which is Global Cord'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 Global Cord's market value can be influenced by many factors that don't directly affect Global Cord'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 Global Cord's value and its price as these two are different measures arrived at by different means. Investors typically determine Global Cord value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Cord'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.