Carrier Globalcorp Stock Performance
| CARR Stock | USD 62.44 0.90 1.42% |
Carrier GlobalCorp has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.79, 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, Carrier GlobalCorp will likely underperform. Carrier GlobalCorp right now shows a risk of 1.94%. Please confirm Carrier GlobalCorp maximum drawdown, as well as the relationship between the expected short fall and day median price , to decide if Carrier GlobalCorp will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Carrier GlobalCorp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Even with relatively inconsistent basic indicators, Carrier GlobalCorp may actually be approaching a critical reversion point that can send shares even higher in July 2024. ...more
Actual Historical Performance (%)
One Day Return 0.43 | Five Day Return (1.92) | Year To Date Return 12.21 | Ten Year Return 427.83 | All Time Return 427.83 |
Forward Dividend Yield 0.0116 | Payout Ratio 0.265 | Forward Dividend Rate 0.76 | Dividend Date 2024-05-22 | Ex Dividend Date 2024-05-02 |
1 | Acquisition by David Gitlin of 320042 shares of Carrier GlobalCorp at 21.43 subject to Rule 16b-3 | 03/22/2024 |
2 | Honeywell dinged for doing too many things heres how it gets back on track | 04/17/2024 |
3 | Acquisition by Beth Wozniak of 4098 shares of Carrier GlobalCorp subject to Rule 16b-3 | 04/19/2024 |
4 | Carriers stock jumps to 7-month high AI growth fuels demand for HVAC | 04/25/2024 |
5 | Carrier Global Is Paying Out A Dividend Of 0.19 | 04/26/2024 |
6 | Carrier to Present at the Oppenheimer 19th Annual Industrial Growth Conference | 04/30/2024 |
7 | Carrier Global executive sells over 12 million in company stock | 05/01/2024 |
8 | We Think That There Are More Issues For Carrier Global Than Just Sluggish Earnings | 05/03/2024 |
9 | Carrier to Present at the Wolfe Research 17th Annual Global Transportation Industrials Conference | 05/13/2024 |
10 | Carrier Global senior VP sells over 6.4m in stock | 05/14/2024 |
11 | Disposition of 20000 shares by Oconnor Kevin J. of Carrier GlobalCorp at 65.7312 subject to Rule 16b-3 | 05/16/2024 |
12 | HVAC Controls Market Surges to USD 30.19 Billion by 2031, Propelled by 10.04 percent CAGR - Verified Market Research | 05/17/2024 |
13 | Activist Investor Elliott Acquires Major Stake In Johnson Controls Report | 05/20/2024 |
14 | The Price Is Right For Carrier Global Corporation | 05/21/2024 |
| Carrier GlobalCorp dividend paid on 22nd of May 2024 | 05/22/2024 |
15 | Acquisition by Story Susan N of 6088 shares of Carrier GlobalCorp subject to Rule 16b-3 | 05/24/2024 |
16 | Are Options Traders Betting on a Big Move in Carrier Global Stock | 05/28/2024 |
17 | USA Today Names Carrier Among Americas Climate Leaders | 05/30/2024 |
| Begin Period Cash Flow | 3.5 B |
Carrier |
Carrier GlobalCorp Relative Risk vs. Return Landscape
If you would invest 5,697 in Carrier GlobalCorp on March 2, 2024 and sell it today you would earn a total of 637.00 from holding Carrier GlobalCorp or generate 11.18% return on investment over 90 days. Carrier GlobalCorp is currently generating 0.1893% in daily expected returns and assumes 1.9436% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of stocks are less volatile than Carrier, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Carrier GlobalCorp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carrier GlobalCorp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Carrier GlobalCorp, and traders can use it to determine the average amount a Carrier GlobalCorp'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 = 0.0974
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Carrier GlobalCorp is performing at about 7% 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 Carrier GlobalCorp by adding it to a well-diversified portfolio.
Carrier GlobalCorp Fundamentals Growth
Carrier Stock prices reflect investors' perceptions of the future prospects and financial health of Carrier GlobalCorp, and Carrier GlobalCorp 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 Carrier Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0433 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 74.7 B | ||||
| Shares Outstanding | 901.01 M | ||||
| Price To Earning | 10.68 X | ||||
| Price To Book | 5.90 X | ||||
| Price To Sales | 2.32 X | ||||
| Revenue | 22.1 B | ||||
| Gross Profit | 5.47 B | ||||
| EBITDA | 2.3 B | ||||
| Net Income | 1.44 B | ||||
| Cash And Equivalents | 2.98 B | ||||
| Cash Per Share | 3.57 X | ||||
| Total Debt | 14.68 B | ||||
| Debt To Equity | 1.26 % | ||||
| Current Ratio | 1.62 X | ||||
| Book Value Per Share | 12.83 X | ||||
| Cash Flow From Operations | 2.61 B | ||||
| Earnings Per Share | 1.41 X | ||||
| Market Capitalization | 58.27 B | ||||
| Total Asset | 32.82 B | ||||
| Retained Earnings | 6.59 B | ||||
| Working Capital | 11.89 B | ||||
| Current Asset | 5.68 B | ||||
| Current Liabilities | 4.94 B | ||||
About Carrier GlobalCorp Performance
To evaluate Carrier GlobalCorp 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 Carrier GlobalCorp 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 Carrier 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 Carrier GlobalCorp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Carrier'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 51.49 | 38.31 | |
| Return On Tangible Assets | 0.06 | 0.05 | |
| Return On Capital Employed | 0.09 | 0.14 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.16 | 0.20 |
Things to note about Carrier GlobalCorp performance evaluation
Checking the ongoing alerts about Carrier GlobalCorp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Carrier GlobalCorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Carrier GlobalCorp has a strong financial position based on the latest SEC filings | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| On 22nd of May 2024 Carrier GlobalCorp paid $ 0.19 per share dividend to its current shareholders | |
| Latest headline from prnewswire.com: USA Today Names Carrier Among Americas Climate Leaders |
- Analyzing Carrier GlobalCorp'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 Carrier GlobalCorp's stock is overvalued or undervalued compared to its peers.
- Examining Carrier GlobalCorp'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 Carrier GlobalCorp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carrier GlobalCorp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carrier GlobalCorp's stock. These opinions can provide insight into Carrier GlobalCorp'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, which includes a position in Carrier GlobalCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Carrier Stock, please use our How to Invest in Carrier GlobalCorp guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Carrier Stock analysis
When running Carrier GlobalCorp's price analysis, check to measure Carrier GlobalCorp'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 Carrier GlobalCorp is operating at the current time. Most of Carrier GlobalCorp's value examination focuses on studying past and present price action to predict the probability of Carrier GlobalCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier GlobalCorp's price. Additionally, you may evaluate how the addition of Carrier GlobalCorp to your portfolios can decrease your overall portfolio volatility.
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Is Carrier GlobalCorp'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 Carrier GlobalCorp. If investors know Carrier 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 Carrier GlobalCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 0.75 | Earnings Share 1.41 | Revenue Per Share 26.961 | Quarterly Revenue Growth 0.172 |
The market value of Carrier GlobalCorp is measured differently than its book value, which is the value of Carrier that is recorded on the company's balance sheet. Investors also form their own opinion of Carrier GlobalCorp's value that differs from its market value or its book value, called intrinsic value, which is Carrier GlobalCorp'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 Carrier GlobalCorp's market value can be influenced by many factors that don't directly affect Carrier GlobalCorp'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 Carrier GlobalCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carrier GlobalCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carrier GlobalCorp'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.