Progate (Taiwan) Performance
| 8227 Stock | 157.00 2.50 1.57% |
The company holds a Beta of 0.86, which implies possible diversification benefits within a given portfolio. Progate returns are very sensitive to returns on the market. As the market goes up or down, Progate is expected to follow. At this point, Progate Group has a negative expected return of -0.36%. Please make sure to check Progate's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Progate Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Progate Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Progate |
Progate Relative Risk vs. Return Landscape
If you would invest 20,100 in Progate Group on August 29, 2024 and sell it today you would lose (4,400) from holding Progate Group or give up 21.89% of portfolio value over 90 days. Progate Group is generating negative expected returns and assumes 2.6204% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Progate, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Progate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Progate's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Progate Group, and traders can use it to determine the average amount a Progate'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 = -0.1362
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 8227 |
Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Progate 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 Progate by adding Progate to a well-diversified portfolio.
About Progate Performance
Evaluating Progate's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Progate has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Progate has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Progate Group performance evaluation
Checking the ongoing alerts about Progate for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Progate Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Progate Group generated a negative expected return over the last 90 days |
- Analyzing Progate'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 Progate's stock is overvalued or undervalued compared to its peers.
- Examining Progate'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 Progate's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Progate's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Progate's stock. These opinions can provide insight into Progate's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Progate Stock Analysis
When running Progate's price analysis, check to measure Progate'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 Progate is operating at the current time. Most of Progate's value examination focuses on studying past and present price action to predict the probability of Progate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progate's price. Additionally, you may evaluate how the addition of Progate to your portfolios can decrease your overall portfolio volatility.