Cannae Holdings Stock Performance
| CNNE Stock | USD 19.85 0.28 1.39% |
The firm shows a Beta (market volatility) of 0.87, which signifies possible diversification benefits within a given portfolio. Cannae Holdings returns are very sensitive to returns on the market. As the market goes up or down, Cannae Holdings is expected to follow. Cannae Holdings has an expected return of -0.13%. Please make sure to confirm Cannae Holdings accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Cannae Holdings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Cannae Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest inconsistent performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
| Begin Period Cash Flow | 247.7 M |
Cannae |
Cannae Holdings Relative Risk vs. Return Landscape
If you would invest 2,184 in Cannae Holdings on February 23, 2024 and sell it today you would lose (199.00) from holding Cannae Holdings or give up 9.11% of portfolio value over 90 days. Cannae Holdings is currently does not generate positive expected returns and assumes 1.7015% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Cannae, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cannae Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cannae Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cannae Holdings, and traders can use it to determine the average amount a Cannae Holdings' 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 = -0.0791
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| Negative Returns | CNNE |
Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cannae Holdings 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 Cannae Holdings by adding Cannae Holdings to a well-diversified portfolio.
Cannae Holdings Fundamentals Growth
Cannae Stock prices reflect investors' perceptions of the future prospects and financial health of Cannae Holdings, and Cannae Holdings 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 Cannae Stock performance.
| Return On Equity | -0.16 | ||||
| Return On Asset | -0.0298 | ||||
| Profit Margin | (0.76) % | ||||
| Operating Margin | (0.37) % | ||||
| Current Valuation | 1.2 B | ||||
| Shares Outstanding | 62.77 M | ||||
| Price To Earning | 1.05 X | ||||
| Price To Book | 0.63 X | ||||
| Price To Sales | 2.59 X | ||||
| Revenue | 570 M | ||||
| EBITDA | (80.6 M) | ||||
| Cash And Equivalents | 100.6 M | ||||
| Cash Per Share | 1.25 X | ||||
| Total Debt | 261.1 M | ||||
| Debt To Equity | 0.11 % | ||||
| Book Value Per Share | 31.50 X | ||||
| Cash Flow From Operations | (35.1 M) | ||||
| Earnings Per Share | (5.46) X | ||||
| Total Asset | 2.69 B | ||||
| Retained Earnings | 901.3 M | ||||
| Current Asset | 372.35 M | ||||
| Current Liabilities | 206.4 M | ||||
About Cannae Holdings Performance
To evaluate Cannae Holdings 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 Cannae Holdings 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 Cannae 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 Cannae Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cannae'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.The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. Cannae Holdings, Inc. was founded in 2014 and is based in Las Vegas, Nevada. Cannae Holdings operates under Restaurants classification in the United States and is traded on New York Stock Exchange. It employs 12938 people.Things to note about Cannae Holdings performance evaluation
Checking the ongoing alerts about Cannae Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cannae Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cannae Holdings generated a negative expected return over the last 90 days | |
| The company currently holds 261.1 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Cannae Holdings has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannae Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Cannae Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cannae Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannae to invest in growth at high rates of return. When we think about Cannae Holdings' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 570 M. Net Loss for the year was (313.4 M) with profit before overhead, payroll, taxes, and interest of 31.2 M. | |
| Cannae Holdings currently holds about 100.6 M in cash with (35.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. | |
| Over 96.0% of Cannae Holdings shares are held by institutions such as insurance companies |
- Analyzing Cannae Holdings' 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 Cannae Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Cannae Holdings' 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 Cannae Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cannae Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cannae Holdings' stock. These opinions can provide insight into Cannae Holdings' 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 Cannae Holdings. 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. For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Cannae Holdings' price analysis, check to measure Cannae Holdings' 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 Cannae Holdings is operating at the current time. Most of Cannae Holdings' value examination focuses on studying past and present price action to predict the probability of Cannae Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannae Holdings' price. Additionally, you may evaluate how the addition of Cannae Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Cannae Holdings' 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 Cannae Holdings. If investors know Cannae 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 Cannae Holdings 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 Cannae Holdings is measured differently than its book value, which is the value of Cannae that is recorded on the company's balance sheet. Investors also form their own opinion of Cannae Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cannae Holdings' 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 Cannae Holdings' market value can be influenced by many factors that don't directly affect Cannae Holdings' 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 Cannae Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannae Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannae Holdings' 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.