Carmit (Israel) Today
| CRMT Stock | ILA 1,059 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 44
|
Carmit is trading at 1059.00 as of the 16th of April 2024, a No Change since the beginning of the trading day. The stock's open price was 1059.0. Carmit has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Carmit are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of October 2023 and ending today, the 16th of April 2024. Click here to learn more.
Carmit Candy Industries Ltd. engages in the manufacture and supply of gluten free foods and confectionery products for food companies and retailers worldwide. The company was incorporated in 1973 and is based in Rishon LeZion, Israel. CARMIT CANDY is traded on Tel Aviv Stock Exchange in Israel.. The company has 5.59 M outstanding shares. More on Carmit
Moving against Carmit Stock
| 0.68 | ELCRE | Electra Real Estate | PairCorr |
| 0.57 | BEZQ | Bezeq Israeli Teleco | PairCorr |
| 0.54 | CDEV | Cohen Dev | PairCorr |
| 0.41 | DLEKG | Delek Group | PairCorr |
Follow Valuation Odds of Bankruptcy
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Carmit Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Carmit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Carmit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chief Executive Officer | Matanya Schwartz |
| Business Concentration | Consumer Staples, Food Products, Confectioners, Consumer Defensive (View all Sectors) |
Carmit (CRMT) is traded on Tel Aviv Stock Exchange in Israel and employs 102 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 61.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Carmit's market, we take the total number of its shares issued and multiply it by Carmit's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Carmit operates under Food Products sector and is part of Consumer Staples industry. The entity has 5.59 M outstanding shares.
Carmit has accumulated about 8.73 M in cash with 7.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.56.
Check Carmit Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Carmit is 61.01 Million. Carmit shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.73 percent of Carmit outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Carmit Ownership Details
Carmit Stock Price Odds Analysis
What are Carmit's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Carmit jumping above the current price in 90 days from now is about 37.47%. The Carmit probability density function shows the probability of Carmit stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.0595 suggesting Carmit market returns are sensitive to returns on the market. As the market goes up or down, Carmit is expected to follow. Additionally, carmit has an alpha of 0.3843, implying that it can generate a 0.38 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Carmit to move above the current price in 90 days from now is about 37.47 (This Carmit probability density function shows the probability of Carmit Stock to fall within a particular range of prices over 90 days) .
Carmit Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Carmit market risk premium is the additional return an investor will receive from holding Carmit long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Carmit. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Carmit's alpha and beta are two of the key measurements used to evaluate Carmit's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.64 | |||
| Semi Deviation | 1.23 | |||
| Standard Deviation | 3.01 | |||
| Variance | 9.05 |
Carmit Stock Against Markets
Picking the right benchmark for Carmit stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Carmit stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Carmit is critical whether you are bullish or bearish towards Carmit at a given time. Please also check how Carmit's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Carmit without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Carmit Corporate Directors
Carmit corporate directors refer to members of a Carmit board of directors. The board of directors generally takes responsibility for the Carmit's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Carmit's board members must vote for the resolution. The Carmit board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lawrence Goodman | Director | Profile | |
| Michal Klimberg | Director | Profile | |
| Dalia Sonnenfeld | Independent Director | Profile | |
| Aharon Varshavski | Director | Profile |
How to buy Carmit Stock?
Before investing in Carmit, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Carmit. To buy Carmit stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Carmit. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Carmit stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Carmit stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Carmit stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Carmit, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Carmit?
The danger of trading Carmit is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Carmit is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Carmit. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Carmit is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carmit. 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 Carmit Stock analysis
When running Carmit's price analysis, check to measure Carmit'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 Carmit is operating at the current time. Most of Carmit's value examination focuses on studying past and present price action to predict the probability of Carmit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carmit's price. Additionally, you may evaluate how the addition of Carmit to your portfolios can decrease your overall portfolio volatility.
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